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2439 N Seminary Avenue 2439 N Seminary Ave 3 Unit Apartment Building $1,984,402 CAD ($661,467 CAD/Unit) Chicago, IL 60614
Investment Highlights
- There is a large common backyard, common laundry, and rear pad parking
- Constructed in 1910 and zoned RT-4, the property presents a rare opportunity to acquire a masonry apartment building in a premier rental location.
- Each apartment has gas-forced heat, central air, individual hot water tanks, hardwood floors, separate living and dining areas and more!
Executive Summary
33 Realty is pleased to present for lease 2439 N Seminary, a 3-unit apartment investment opportunity located in the Lincoln Park / DePaul University neighborhoods of Chicago.
Constructed in 1910 and zoned RT-4, the property presents a rare opportunity to acquire a masonry apartment building in a premier rental location.
The property features three units:
- 4 bed / 2 bath 1st floor duplex down
- 2 bed / 1 bath 2nd floor simplex
- 2 bed / 1 bath 3rd floor simplex.
All three units are currently lease-occupied by mid to long-term residents on month-to-month (unit 3) or 7/31/26 lease expirations (units 1 and 2) allowing a future operator flexibility to reposition.
Each apartment has gas-forced heat, central air, individual hot water tanks, hardwood floors, separate living and dining areas, classic Chicago fireplaces, millwork, and built-in hutches, pantries, dishwashers, and rear porches.
There is a large common backyard, common laundry, and rear pad parking.
Please contact broker for full financial and property information.
Constructed in 1910 and zoned RT-4, the property presents a rare opportunity to acquire a masonry apartment building in a premier rental location.
The property features three units:
- 4 bed / 2 bath 1st floor duplex down
- 2 bed / 1 bath 2nd floor simplex
- 2 bed / 1 bath 3rd floor simplex.
All three units are currently lease-occupied by mid to long-term residents on month-to-month (unit 3) or 7/31/26 lease expirations (units 1 and 2) allowing a future operator flexibility to reposition.
Each apartment has gas-forced heat, central air, individual hot water tanks, hardwood floors, separate living and dining areas, classic Chicago fireplaces, millwork, and built-in hutches, pantries, dishwashers, and rear porches.
There is a large common backyard, common laundry, and rear pad parking.
Please contact broker for full financial and property information.
Financial Summary (Pro Forma - 2027) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$130,263
|
$34.28
|
Financial Summary (Pro Forma - 2027)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $130,263 |
| Annual Per SF | $34.28 |
Property Facts
| Price | $1,984,402 CAD | Building Class | C |
| Price Per Unit | $661,467 CAD | Lot Size | 0.07 AC |
| Sale Type | Investment | Building Size | 3,800 SF |
| No. Units | 3 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1910 |
| Apartment Style | Low-Rise | Parking Ratio | 0.53/1,000 SF |
| Zoning | RT-4 - RT-4 | ||
| Price | $1,984,402 CAD |
| Price Per Unit | $661,467 CAD |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 3,800 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1910 |
| Parking Ratio | 0.53/1,000 SF |
| Zoning | RT-4 - RT-4 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Fireplace
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 1 | - | - |
| 2+1 | 2 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 14-29-422-009-0000 | Improvements Assessment | $81,789 CAD (2025) |
| Land Assessment | $74,981 CAD (2025) | Total Assessment | $156,770 CAD (2025) |
Property Taxes
Parcel Number
14-29-422-009-0000
Land Assessment
$74,981 CAD (2025)
Improvements Assessment
$81,789 CAD (2025)
Total Assessment
$156,770 CAD (2025)
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2439 N Seminary Avenue | 2439 N Seminary Ave
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