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9 Beds
4 Baths

$1,599,900

3208 N Seminary Avenue, Chicago IL, 60657

Built in1888
Property typeMulti-family
Listed by Jack Doyle with Essex 312, LLC 773-305-4858

Overview

Active

New

Listed Sep 15, 2026

Updated 24h ago

Introducing 3208 North Seminary tucked into the heart of Lakeview, just a block from the Belmont CTA and a short walk from Wrigley Field and the energy of Clark Street, this four-unit building with a two-car garage sits where renters want to live. It has had the same owner since 2002 and it shows. Every unit has been fully renovated in the last ten years with hardwood floors, granite countertops and porcelain-tiled baths, and the updates have kept coming, including new windows, LED lighting, electronic entry locks, and new furnaces, A/C units and appliances in 2024. Two 3-bedroom units, a renovated 2-bedroom duplex and a garden 1-bedroom each have their own heating, cooling and hot water, which keeps the owner's costs low. The building is fully leased through June 2027 and brings in $139,674 a year against just $24,547 in expenses, for a 6.57 cap rate at $1,600,000. Rents are still below market, with about $11,400 a year in upside, and the building has stayed full anyway. That gives an investor steady income today and a clear path to more as the leases come up.

$10,644/mo

Est. mortgage payment based on a $1,599,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12758652

Interior Features

Bedrooms
9
Bathrooms
4
Heating
Yes
Basement
No

Other Property Details

Taxes
$17,235
Tax Frequency
Annually
Maintenance Expense
$2,000
Garage
Yes
MLS provider logo

Listed by Jack Doyle with Essex 312, LLC 773-305-4858

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Data is refreshed every 3 hours. Listing last updated 3:38 AM UTC on 9/18/2026. 

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