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Renovated Quadplex with Parking
For Sale
Contact for pricing

2638 W Lyndale Street, Chicago, IL 60647

Four-unit residential property with updated kitchens, mechanical systems, separate utility metering, and rear parking.

Property SizeContact for details
Days on Market113

Property Features for 2638 W Lyndale Street

General Information

Standard status Active
Total Parking Spaces 1
Property subtype Multifamily

Units

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

Additional Details

Furnished Yes
Gross Income $44,400
Public Transit Yes

Amenities

shared laundry area

Building Details

Buildings 1
Stories 3
Listing Agency: Prestige Realty, Inc
Listed By: Nina Rubinstein · License #IL 475129684
Source: Crexi
Added: May 12 Changed: Aug 30 Last Checked: Aug 31 at 4:37AM

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 Prestige Realty, Inc

Investment Insights

Based on property information with market context.

This renovated quadplex includes two upper residential floors and a remodeled garden level. The second and third floors each contain a three-bedroom apartment, while the garden level has been configured as two separate one-bedroom units. Kitchens throughout feature new cabinets, granite countertops, refrigerators, gas stoves, and dishwashers. Building improvements include new HVAC equipment, furnaces for the upper levels, water heaters and boilers, copper plumbing, sewer infrastructure, electrical lighting, entry doors, and fully renovated bathrooms. A shared coin-operated laundry area serves the property, and each floor or unit has separate electric and gas meters. A parking space is located behind the building.

The upper-floor apartments are tenant occupied with annual leases extending through approximately summer. The property is near restaurants, nightlife, Blue Line access, and downtown Chicago. It is being sold as is, with all furniture included.

Key Highlights

  • Four‑unit configuration with two three‑bedroom apartments and two separate one‑bedroom garden units
  • Two full residential floors plus a fully remodeled garden level
  • New HVAC system, upper‑level furnaces, water heaters, and boilers

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Nursing Home Accounting Firm Fish Market Clothing & Fashion Store HVAC Service Carpet & Flooring 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

2,784
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?
Quadplex - Four-unit residential property with updated kitchens, mechanical systems, separate utility metering, and rear parking.
Where is this quadplex located?
The property is located at 2638 W Lyndale Street Chicago, IL.
What is the asking price?
The asking price for this property is $820,000.
What are key features of this property?
This property features: Four‑unit configuration with two three‑bedroom apartments and two separate one‑bedroom garden units; Two full residential floors plus a fully remodeled garden level; New HVAC system, upper‑level furnaces, water heaters, and boilers
(847) 962-8322 Call to check price and availability
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