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Legal 3-Unit Apartment Building
New
For Sale
$1,600,000

3423 N Seminary Street, Chicago, IL 60657

MULTI_FAMILY - Chicago, IL

Days on Market5

Property Features for 3423 N Seminary Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 10
Bathrooms 4
Full bathrooms 4
Rooms Basement, Bedroom 8, Bedroom 10, Bathroom 3, Bedroom 3, Bedroom 7, Bathroom 4, Bedroom 1, Bedroom 9, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 6
Parking 2
Parking features Garage
Fencing Fenced
Basement Unfinished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions CLARK NORTH TO NEWPORT TURN RIGHT TO 915
Subdivision CHI - Lake View
Standard status Active
APN 14204120020000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 12310

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas, Steam

Amenities

private balcony
fenced backyard
brick patio
washer
dryer
basement storage

Building Details

Year built 1888
Building materials Brick, Block, Stone
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: Michael Saladino · License #471019865
Added: Jul 28 Changed: Jul 30 Last Checked: Aug 1 at 3:06AM
MLS# 12717972

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 well-maintained legal 3-unit apartment building features two spacious three-bedroom apartments and a four-bedroom duplex. The property includes a two-car brick garage and offers outdoor space with a fenced backyard, a brick patio, and private balconies for each unit.

Unit amenities include washer/dryer access and extra storage in the basement. The building is described as updated with care over the years, and photos reflect the current condition.

All units are leased through May and July 2027, and the provided financials indicate a net operating income of $75,806.47 after expenses and property taxes. The zoning is listed as MULTI, and the property is presented as ready for new ownership with tenant leases in place.

Key Highlights

  • Legal 3‑unit building in Lakeview with two 3‑bedroom apartments and a 4‑bedroom duplex
  • Two‑car brick garage, plus fenced backyard access with a brick patio
  • All units have private balconies and basement includes washer/dryer and extra storage

Property Analytics

Current Use

Triplexes

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

6,951
Businesses Nearby

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

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?
Triplex - Well-maintained 3-unit building with two-car brick garage, private balconies, fenced backyard, and leases in place through 2027.
Where is this triplex located?
The property is located at 3423 N Seminary Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Legal 3‑unit building in Lakeview with two 3‑bedroom apartments and a 4‑bedroom duplex; Two‑car brick garage, plus fenced backyard access with a brick patio; All units have private balconies and basement includes washer/dryer and extra storage
More about this property
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