2638 Lyndale Street, Logan Square, Chicago, Illinois 60647
$820,000
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For Sale
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| Status: | Active |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | — |
| Property Taxes: | $4,331 |
| Days On Market: | 9 |
| Lot Size: | 0,25 |
Description
Prime Investment Opportunity in the Heart of Logan Square! Fully renovated multi-unit building located in one of Chicago's most desirable neighborhoods - Logan Square. Great schools! The property has undergone a complete interior renovation and is perfectly set up for both long-term rental income and Airbnb potential. Property Features: * 2 full residential floors plus fully remodeled garden level * New flooring installed throughout all 3 levels * Brand-new HVAC system installed on all floors * New A/C units installed * Two new furnaces installed for upper levels * New water heaters/boilers * All copper plumbing replaced * Entire sewer system replaced * New main water service installed * Updated electrical lighting throughout the building * All bathrooms fully renovated with new fixtures and finishes * All entry doors replaced * Parking space located behind the building New Kitchens on Every Floor Include: * Brand-new kitchen cabinets * Granite countertops installed in every kitchen * New refrigerators * New gas stoves * New dishwashers * Fully updated kitchen appliances throughout Laundry: * Brand-new shared laundry area with coin-operated washer & dryer Garden Level: * Fully converted into 2 separate 1-bedroom units * Designed and prepared for Airbnb operation * Separate living areas/zones created * Dual zoning system installed for efficient climate control Second & Third Floors: * Fully renovated 3-bedroom apartments * Currently tenant occupied * Stable long-term tenants with annual leases through approximately summer * Excellent payment history * Current rental income from 2nd & 3rd floors: approximately $3,700/month Additional Income Potential: * Estimated Airbnb income from two garden units $55,000/yr Separate electric and gas meters for each floor/unit Turn-key investment opportunity with major mechanical systems already updated. Excellent option for investors seeking strong cash flow in one of Chicago's fastest-growing neighborhoods. Located near restaurants, nightlife, Blue Line access, and downtown Chicago. Property is sold as is. All furniture stays.
Property Specifics
| Multi-unit | |
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| No | |
| 0.25 |
| Cook | |
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| — / — | |
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| 12645794 | |
| 13362110190000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 12 Jun, 2025 | Sold | $377,800 | MRED MLS |
| 21 Apr, 2025 | Under contract | $380,000 | MRED MLS |
| 2 Mar, 2025 | Listed for sale | $380,000 | MRED MLS |
| 12 May, 2026 | Listed for sale | $820,000 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
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Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
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| 25x59 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2025 | $4,331 |
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Listing Provided By
Prestige Realty, Inc
