2516 W Lyndale Street
Chicago, IL, 60647
$1,200,000
9 Beds
3 Baths
0 SqFt
0 Acres
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$1,200,000
2516 W Lyndale Street
Chicago, IL, 60647
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Exceptional investment opportunity in the heart of Logan Square! Situated on charming tree-lined Lyndale Street, this legal three-unit building offers the perfect blend of classic Chicago character and modern functionality in one of the city’s most sought-after and rapidly growing neighborhoods. Just a short walk to Logan Boulevard, the Blue Line, parks, and a vibrant mix of restaurants, cafes, and nightlife. Each spacious unit features 3 bedrooms and 1 full bathroom, making the property ideal for both investors and owner-occupants. Updated kitchens and bathrooms complement the building’s original charm, while three separate HVAC systems (gas forced heat and central air) provide comfort and efficiency for every unit. The first-floor apartment has been successfully operated as a longer-term Airbnb-style rental catering to working professionals. All indoor and outdoor furnishings shown are included, allowing a buyer to seamlessly continue this proven income model. The remaining units are unfurnished and well-suited for traditional long-term tenants, offering flexible rental strategies and strong income potential. Additional highlights include expansive rear decks, common area laundry in the lower level, and two exterior storage units located beneath the rear stairwells. The rear yard features a full concrete pad, pitched and engineered to support the future addition of an upper garage structure, along with an existing gated parking area accommodating two cars. Meticulously maintained and thoughtfully improved, this property delivers outstanding comfort, functionality, and long-term value – a rare turnkey multi-unit opportunity in one of Chicago’s hottest neighborhoods.

Property Details

Price:
$1,200,000
MLS #:
MRD12559315
Status:
Active
Beds:
9
Baths:
3
Type:
Multi Family
Neighborhood:
chilogansquare
Listed Date:
Feb 3, 2026
Year Built:
1900
Chi – Logan SquareChilogansquare

Schools

School District:
299

Interior

Heating
Natural Gas, Forced Air

Exterior

Construction Materials
Vinyl Siding, Frame
Parking Features
Yes, Owned
Parking Spots
2

Financial

Tax Year
2024
Taxes
$14,454
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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 Feb 24, 2026
1,222
Multi Family Listed
92
Avg DOM
$482,564
Avg List Price

Community

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Property Summary

    2516 W Lyndale Street Chicago IL is a Multi Family for sale in Chicago, IL, 60647. It is listed for $1,200,000 To schedule a showing of MLS#mrd12559315 at 2516 W Lyndale Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
2516 W Lyndale Street
Chicago, IL