$3,200,000
2422 N Orchard Street
Chicago, IL, 60614
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
Beds:
16
Baths:
8
Address:
2422 N Orchard Street
Type:
Multi Family
Neighborhood:
CHI – Lincoln Park
City:
Chicago
Listed Date:
Aug 15, 2025
State:
IL
ZIP:
60614
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
Tax Year
2023
Taxes
$29,668
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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2422 N Orchard Street
Chicago, IL
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