Listing provided courtesy of Baird & WarnerMREDas Distributed by MLSGrid- MLS# 12685943MLS Provider

2516 W Lyndale StreetChicago, IL 60647

Multi-Family · 8 Beds
$1,075,000 Active

2516 W Lyndale Street Overview

Time on Site:
6 days
Visits:
0

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. Two units features 3 bedrooms and 1 full bathroom & 1 unit 2 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. The rental potential for the three units and parking is approximately $8,500-9,000 per month. 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. Unit 2 currently rented for $3,500 per month & unit 3 for $3,100 per month.

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2516 W Lyndale Street Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 1900

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Logan Square
  • Township: Jefferson

Tax Information

  • Tax Annual Amount: $14,454.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 13362120240000
  • Property Type: Residential Income
  • Special Listing Conditions: None
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 3
  • Bedrooms Total: 8
  • Bedrooms Possible: 8
  • Full Baths Building: 3

General Information

  • Basement: None
  • Heating: Natural Gas, Forced Air
  • Rooms Total: 15

Exterior

Parking Information

  • Parking Features: Yes, Owned
  • Parking Total: 2

Lot Information

  • Lot Size Dimensions: 25 x 125
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Vinyl Siding, Frame

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 0
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 3500
  • Beds Total: 3
  • Baths Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 3100
  • Beds Total: 3
  • Baths Total: 1

2516 W Lyndale Street Neighborhood

Community

60647 (CHICAGO) Demographics

32
Median Age
21,129
Population Density (per sq. mile)
62%
College Educated
$82,433
Estimated Median Income
13,520
Estimated Total Home Owners
22,512
Estimated Total Renters
38% / 62%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2516 W Lyndale Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2516 W Lyndale Street Market Data

Based on the last 30 days in this zip code

$833,664
Average List Price
$749
Average Price per Square Foot
66
Properties Sold
41
Average Days on Market
145
Properties for Sale
Calculations provided by Reliance Network

2516 W Lyndale Street History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Active
6/23/2026Source: MRED Added to Database
June 23, 2026