2422 N Orchard Street
Chicago, IL, 60614
$3,200,000
16 Beds
8 Baths
0 SqFt
0 Acres
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$3,200,000
2422 N Orchard Street
Chicago, IL, 60614
MLS #MRD12399905 image #0MLS #MRD12399905 image #1MLS #MRD12399905 image #2MLS #MRD12399905 image #3MLS #MRD12399905 image #4MLS #MRD12399905 image #5MLS #MRD12399905 image #6MLS #MRD12399905 image #7MLS #MRD12399905 image #8MLS #MRD12399905 image #9MLS #MRD12399905 image #10MLS #MRD12399905 image #11MLS #MRD12399905 image #12MLS #MRD12399905 image #13
An exceptional investment opportunity in the heart of Lincoln Park-this fully renovated 4-unit building checks all the boxes for a hands-off, armchair investor. Each oversized unit offers four bedrooms and two full baths with no vacancies. Originally gut-renovated in 2018, this landmarked property blends historic charm with modern upgrades, including condo-quality finishes, individual HVAC systems, in-unit laundry, private elevator to each unit, and outdoor space for each unit. The building also features three off-street parking spaces and updated mechanicals throughout, keeping maintenance needs low. Tucked on a quiet, tree-lined street with unbeatable walkability to the Fullerton CTA, DePaul, Whole Foods, and the lakefront, this location continues to drive top-tier tenant demand. With a strong rent roll, this is a rare chance to step into a stabilized, income-producing property in one of Chicago’s most desirable neighborhoods.

Property Details

Price:
$3,200,000
MLS #:
MRD12399905
Status:
Active Under Contract
Beds:
16
Baths:
8
Type:
Multi Family
Neighborhood:
CHI – Lincoln Park
Listed Date:
Aug 15, 2025
Chi – Lincoln ParkChi – Lincoln ParkAlcott Elementary SchoolLincoln Park High School

Schools

School District:
299
Elementary School:
Alcott Elementary School
High School:
Lincoln Park High School

Interior

Heating
Natural Gas

Exterior

Construction Materials
Brick
Exterior Features
Balcony
Parking Features
Assigned, Off Alley, On Site, Owned
Parking Spots
3
Roof
Rubber

Financial

Maintenance Fee
$22,203
Net Operating Income
$41,075
Tax Year
2023
Taxes
$29,668
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Sep 10, 2025
1,518
Multi Family Listed
81
Avg DOM
$498,258
Avg List Price

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Property Summary

    2422 N Orchard Street Chicago IL is a Multi Family for sale in Chicago, IL, 60614. It is listed for $3,200,000 To schedule a showing of MLS#mrd12399905 at 2422 N Orchard Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
2422 N Orchard Street
Chicago, IL