• Status Active
  • Price $1,075,000
  • Bed 8
  • Bath 3
  • Location Logan Square

2516 W Lyndale Street

Exclusively listed by Baird & Warner

Exceptional investment opportunity in the heart of Logan Square! Situated on charming tree-lined Lyndale Street, this legal three-unit building offers the perfect blend of classic Chicago character and modern functionality in one of the city's most sought-after and rapidly growing neighborhoods. Just a short walk to Logan Boulevard, the Blue Line, parks, and a vibrant mix of restaurants, cafes, and nightlife. Two units features 3 bedrooms and 1 full bathroom & 1 unit 2 bedrooms and 1 full bathroom making the property ideal for both investors and owner-occupants. Updated kitchens and bathrooms complement the building's original charm, while three separate HVAC systems (gas forced heat and central air) provide comfort and efficiency for every unit. The first-floor apartment has been successfully operated as a longer-term Airbnb-style rental catering to working professionals. All indoor and outdoor furnishings shown are included, allowing a buyer to seamlessly continue this proven income model. The remaining units are unfurnished and well-suited for traditional long-term tenants, offering flexible rental strategies and strong income potential. Additional highlights include expansive rear decks, common area laundry in the lower level, and two exterior storage units located beneath the rear stairwells. The rear yard features a full concrete pad, pitched and engineered to support the future addition of an upper garage structure, along with an existing gated parking area accommodating two cars. The rental potential for the three units and parking is approximately $8,500-9,000 per month. Meticulously maintained and thoughtfully improved, this property delivers outstanding comfort, functionality, and long-term value - a rare turnkey multi-unit opportunity in one of Chicago's hottest neighborhoods. Unit 2 currently rented for $3,500 per month & unit 3 for $3,100 per month.

General Info

  • Property Type Two to Four Units
  • Price $1,075,000
  • Taxes $14,454
  • Assessments Not provided
  • Assessments Include Not provided
  • Market Time 7 days
  • Year Built 1900
  • Square Feet Not provided
  • Source MRED as distributed by MLS GRID

Rooms

  • Total Rooms 15
  • Bedrooms 8
  • Bathrooms 3

Units

  • Unit 1
    • Rooms 5
    • Beds 2
    • Baths 1
    • Appliances Stove, Refrigerator, Dishwasher, Microwave
    • Rent $0/mo
    • Tenant Pays Electric,Gas
    • Lease Expires n/a
  • Unit 2
    • Rooms 5
    • Beds 3
    • Baths 1
    • Appliances Stove, Refrigerator, Dishwasher, Microwave
    • Rent $3,500/mo
    • Tenant Pays Electric,Gas
    • Lease Expires 07/26
  • Unit 3
    • Rooms 5
    • Beds 3
    • Baths 1
    • Appliances Stove, Refrigerator, Dishwasher, Microwave
    • Rent $3,100/mo
    • Tenant Pays Electric,Gas
    • Lease Expires MTM

Features

  • Heat Natural Gas, Forced Air
  • Air Conditioning Not provided
  • Parking Not provided
  • Age 100+ Years
  • Exterior Not provided

Based on information submitted to the MLS GRID as of 7/1/2026 2:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Mortgage Calculator

  • List Price{{ formatCurrency(listPrice) }}
  • Taxes{{ formatCurrency(propertyTaxes) }}
  • Assessments{{ formatCurrency(assessments) }}
  • List Price
  • Taxes
  • Assessments
{{ formatCurrency(price) }}
{{ selectedInterestRate }}%
{{ downPaymentPercent }}%

Estimated Monthly Payment

{{ formatCurrency(monthlyTotal) }} / month

  • Principal & Interest{{ formatCurrency(monthlyPrincipal) }}
  • Taxes{{ formatCurrency(monthlyTaxes) }}
  • Assessments{{ formatCurrency(monthlyAssessments) }}

All calculations are estimates for informational purposes only. Actual amounts may vary.

Inquire about this property 2516 W Lyndale Street Chicago, IL 60647

This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply.

Request a tour 2516 W Lyndale Street Chicago, IL 60647

Your Information
Select a date and time

This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply.