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Updated Two-Flat in Lincoln Park
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2428 N Geneva Terrace, Chicago, IL 60614

Turnkey 2-flat in prime East Lincoln Park, updated and maintained.

Property SizeContact for details
Days on Market187

Property Features for 2428 N Geneva Terrace

General Information

Standard status Active
Property subtype Multifamily
Zoning RM-5
Listing Agency: eXp Realty, LLC
Listed By: Daniel Spitz · License #475199531
Source: Crexi
Added: Feb 17 Changed: Aug 8 Last Checked: Jul 20 at 4:16AM

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 eXp Realty, LLC

Investment Insights

Based on property information with market context.

This updated two-flat is located in East Lincoln Park. The Victorian "Chicago Eastlake - Stick Style" building has been maintained and is part of a 60-foot frontage offering. Recent owner-funded improvements across the properties total over $271,600. Each unit includes 2 bedrooms and 1 bath with finishes. The property is zoned RM-5, offering flexibility and investment potential. It is located within the Lincoln School District, steps from the lakefront, parks, dining, boutique shopping, and public transportation. The adjacent single-family residence at 2424 N Geneva Ter is also available, with a preference for both properties to be purchased and closed concurrently. The property is offered "As-Is, Where-Is, with all faults." It has a separate PIN. It is suitable for rental income, multi-generational living, or portfolio expansion.

Key Highlights

  • Prime East Lincoln Park location, steps from lakefront, parks, dining, shopping, and transportation.
  • Turnkey, beautifully updated 2‑flat with refined finishes, ideal for rental income, multi‑generational living, or portfolio expansion.
  • Part of a rare 60‑foot frontage with over $271,600 in recent owner‑funded improvements.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Food Market (Bike/Boat/Book/etc) Store Auto Repair Shop Accounting Firm Auto Parts 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.

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
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Frequently Asked Questions

What type of property is this?
Duplex - Turnkey 2-flat in prime East Lincoln Park, updated and maintained.
Where is this duplex located?
The property is located at 2428 N Geneva Terrace Chicago, IL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Prime East Lincoln Park location, steps from lakefront, parks, dining, shopping, and transportation.; Turnkey, beautifully updated 2‑flat with refined finishes, ideal for rental income, multi‑generational living, or portfolio expansion.; Part of a rare 60‑foot frontage with over $271,600 in recent owner‑funded improvements.
(773) 718-4136 Call to check price and availability
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