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Three-Unit Building with Rear Decks
For Sale
Under Contract
$1,045,000

2516 W Lyndale Street, Chicago, IL 60647

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market50

Property Features for 2516 W Lyndale Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 8
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Bedroom 2, Bedroom 8, Bedroom 7, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 6
Parking 2
Parking features Owned
Elementary school district 299
Middle school district 299
High school district 299
Directions Fullerton to Rockwell, south to Lyndale, east to 2516
Subdivision CHI - Logan Square
Standard status Active Under Contract
APN 13362120240000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 14454

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air

Amenities

expansive rear decks
common area laundry
exterior storage units
central air

Building Details

Year built 1900
Building materials Vinyl Siding, Frame
Listing Agency: Baird & Warner
Listed By: George Selas · License #475143948
Added: Jul 21 Changed: Sep 2 Last Checked: Sep 8 at 7:06PM
MLS# 12711586

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This legal triplex, built in 1900, contains two three-bedroom apartments and one two-bedroom apartment, each with one full bathroom. Updated kitchens and bathrooms are paired with original character, while separate gas forced-air heating and central air systems serve each unit. The property also includes expansive rear decks, lower-level common laundry, and two exterior storage areas beneath the rear stairwells.

Located at 2516 W Lyndale Street in Chicago’s Logan Square, the building is near Logan Boulevard, the Blue Line, parks, restaurants, cafes, and nightlife. The rear yard has a full concrete pad engineered for a potential upper garage structure, along with a gated parking area for two cars. The first-floor apartment has been operated as an Airbnb-style rental, and furnishings shown indoors and outdoors are included.

Key Highlights

  • Legal three‑unit building with two 3‑bedroom units and one 2‑bedroom unit
  • Separate HVAC systems provide gas forced heat and central air for each unit
  • Two expansive rear decks, lower‑level common laundry, and two exterior storage units

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Accounting Firm Nursing Home Fish Market Butcher Clothing & Fashion Store Mobile Phone 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

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,657
Businesses Nearby

Demographics for 60647, IL

85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
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?
Triplex - Legal triplex with updated interiors, separate HVAC systems, laundry, storage, and gated off-street parking.
Where is this triplex located?
The property is located at 2516 W Lyndale Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,045,000.
What are key features of this property?
This property features: Legal three‑unit building with two 3‑bedroom units and one 2‑bedroom unit; Separate HVAC systems provide gas forced heat and central air for each unit; Two expansive rear decks, lower‑level common laundry, and two exterior storage units
More about this property
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