3110 W Lyndale St, Chicago, IL 60647
Four-unit building with strong unit mix, 100% occupancy, and extensive recent infrastructure and interior upgrades.
Property Features for 3110 W Lyndale St
General Information
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Investment Insights
Based on property information with market context.
The building includes (2) two-story second-floor units of approximately 1,200 square feet, currently rented for $2,185 and $2,110 respectively, as well as first-floor apartments of approximately $800 square feet rented for $1,689 and $1,660 respectively.
Recent improvements and layout also support a potential value-add concept described as duplexing the first-floor units down to increase rents, with an additional opportunity noted related to the City of Chicago’s newly designated Accessory Dwelling Unit (ADU) pilot zone.
Key Highlights
- Four‑unit multifamily built in 1887 with an excellent mix of two 2‑bed and two 3‑bed apartments
- Currently 100% occupied with average rent of $1,911
- Recent infrastructure improvements include updated electrical service, individual HVAC, plumbing, roof, and windows
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 60647, IL
Market
Vacancy Rate% for Multifamily in Midwest region