


2516 W Lyndale StreetChicago, IL 60647
Multi-Family · 8 Beds2516 W Lyndale Street Overview
- Time on Site:
- 6 days
- Visits:
- 0
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.
2516 W Lyndale Street Facts & Features
- Type Multi-Family
Details
General
School Information
- School District: 299
Building Information
- New Construction: No
- Year Built: 1900
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - Logan Square
- Township: Jefferson
Tax Information
- Tax Annual Amount: $14,454.00
- Tax Year: 2024
General Information
- Ownership: Fee Simple
- Parcel Number: 13362120240000
- Property Type: Residential Income
- Special Listing Conditions: None
- Zoning: MULTI
Interior
Parking Information
- Half Baths Building: 0
Beds/Baths
- Bathrooms Total: 3
- Bedrooms Total: 8
- Bedrooms Possible: 8
- Full Baths Building: 3
General Information
- Basement: None
- Heating: Natural Gas, Forced Air
- Rooms Total: 15
Exterior
Parking Information
- Parking Features: Yes, Owned
- Parking Total: 2
Lot Information
- Lot Size Dimensions: 25 x 125
- Water Source: Lake Michigan
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Vinyl Siding, Frame
General Information
- Sewer: Public Sewer
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Actual Rent: 0
- Beds Total: 2
- Baths Total: 1
Unit 2 Details
- Unit Type: Unit 2
- Actual Rent: 3500
- Beds Total: 3
- Baths Total: 1
Unit 3 Details
- Unit Type: Unit 3
- Actual Rent: 3100
- Beds Total: 3
- Baths Total: 1
2516 W Lyndale Street Neighborhood
Community
60647 (Chicago) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.2516 W Lyndale Street Monthly Cost
2516 W Lyndale Street Market Data
Based on the last 30 days in this zip code
2516 W Lyndale Street History
| Date | Value | Agent |
|---|---|---|
| 6/29/2026Source: MRED | Active |
|
| 6/23/2026Source: MRED | June 23, 2026 |





































