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Renovated Four-Unit Graystone
For Sale
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2425 N Geneva Terrace, Chicago, IL 60614

Classic Chicago apartment property with a recently renovated interior and a varied residential unit mix.

Property SizeContact for details
Days on Market144

Property Features for 2425 N Geneva Terrace

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 3 x 4BR/2BA, 1 x 2BR/1BA
Multifamily Units 4

Additional Details

Gross Income $168,300
Public Transit Yes

Building Details

Buildings 1
Construction graystone
Listing Agency: Star Realty & Management
Listed By: Tyler Weekes · License #475174404
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 7:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Star Realty & Management

Investment Insights

Based on property information with market context.

This legal four-unit apartment building is a classic Chicago Graystone that has undergone recent renovation. The configuration includes three apartments with 4 bedrooms and 2 baths each, along with one 2-bedroom, 1-bath apartment. The property is located at 2425 N Geneva Terrace in Chicago’s Lincoln Park neighborhood.

The building is steps from Lake Michigan and positioned near high-end retail, restaurants, schools, and public transportation. Its four-apartment layout provides a defined multifamily configuration, while the varied unit sizes support different residential household profiles. The property is offered for sale as a residential income asset.

Key Highlights

  • Legal four‑unit Chicago Graystone apartment building
  • Recently renovated classic multifamily property
  • Three 4‑bedroom/2‑bath units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Food Market (Bike/Boat/Book/etc) Store Auto Repair Shop Accounting Firm Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

6,518
Businesses Nearby

Demographics for 60614, IL

73,173
Population
38,089
Households
1.9
Avg Household Size
31
Median Age
86%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
22,867
Density / Sq Mi
$139,561
Median Household Income
$86,386
Median Earnings
$2,019
Median Rent
$730,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Classic Chicago apartment property with a recently renovated interior and a varied residential unit mix.
Where is this quadplex located?
The property is located at 2425 N Geneva Terrace Chicago, IL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Legal four‑unit Chicago Graystone apartment building; Recently renovated classic multifamily property; Three 4‑bedroom/2‑bath units
(312) 371-2564 Call to check price and availability
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