Renovated Four-Unit
For Sale
$1,599,900
3208 N Seminary Avenue, Chicago, IL 60657
Updated interiors, separate mechanical systems, and garage parking support a well-maintained multifamily property.
Property SizeContact for details
Days on Market8
Property Features for 3208 N Seminary Avenue
General Information
Standard status
Active
Total Parking Spaces
2
Property subtype
MULTI_FAMILY
Occupancy
100%
Financials
Asking Price
$1,600,000
Cap Rate
6.57%
Gross Income
$139,674
Units
Unit Mix
2 x 3BR, 1 x 2BR duplex, 1 x 1BR
Multifamily Units
4
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$17,234
Building Details
Year Built
1888
Buildings
1
Tenancy
Multi
Listing Agency:
Essex 312, LLC
Listed By:
Jack Doyle · License #475190497
(847) 780-6162
Source:
Harkinsandassociates
Added: Sep 15
Changed: Sep 21
Last Checked: Sep 21 at 7:23AM
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 Essex 312, LLC
Investment Insights
Based on property information with market context.
Built in 1888, this four-unit quadplex includes two three-bedroom apartments, a renovated two-bedroom duplex, and a garden-level one-bedroom unit. Each residence has independent heating, cooling, and hot water systems. Interior improvements completed within the last ten years include hardwood flooring, granite countertops, and porcelain-tiled bathrooms. The property also features newer windows, LED lighting, electronic entry locks, and furnaces, air-conditioning units, and appliances installed in 2024. A two-car garage adds on-site parking and storage capacity.
The building is located at 3208 N Seminary Avenue in Chicago’s Lakeview area, one block from the Belmont CTA station and within walking distance of Wrigley Field and Clark Street. All four units are leased through June 2027, and the property reports a 6.57 cap rate.
The building is located at 3208 N Seminary Avenue in Chicago’s Lakeview area, one block from the Belmont CTA station and within walking distance of Wrigley Field and Clark Street. All four units are leased through June 2027, and the property reports a 6.57 cap rate.
Key Highlights
- Four‑unit property with two three‑bedroom units, a two‑bedroom duplex, and a garden one‑bedroom
- Independent heating, cooling, and hot water systems in every unit
- Furnaces, A/C units, and appliances replaced in 2024
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
6,972
Businesses Nearby
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Business Placement
Demographics for 60657, IL
72,316
Population
42,246
Households
1.7
Avg Household Size
32
Median Age
87%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
32,871
Density / Sq Mi
$109,025
Median Household Income
$77,731
Median Earnings
$1,839
Median Rent
$534,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Updated interiors, separate mechanical systems, and garage parking support a well-maintained multifamily property.
Where is this quadplex located?
The property is located at 3208 N Seminary Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,599,900.
What are key features of this property?
This property features: Four‑unit property with two three‑bedroom units, a two‑bedroom duplex, and a garden one‑bedroom; Independent heating, cooling, and hot water systems in every unit; Furnaces, A/C units, and appliances replaced in 2024
