Listing
$1,389,375
Original list price: $1,600,000
3423 N••••• Seminary St (Sign up for 50 free credits to unlock)Chicago, IL 60657
Property Description
Located in the vibrant heart of Lakeview, 3423 N. Seminary is a well-maintained legal 3unit building featuring two spacious three-bedroom apartments and a four-bedroom duplex up. This property includes a two-car brick garage and offers excellent rental income, with all units leased through May and July 2027, generating a net operating income of $75,806.47 after expenses and property taxes. Pride of ownership shines through updates and care over the years. Each unit boasts a private balcony and access to a fenced backyard with a charming brick patio. Additional conveniences include a washer, dryer, and extra storage in the basement. Photos reflect the current condition, and the property is ready for new ownership with tenant leases in place. The building has been thoughtfully updated and offers a low-maintenance, turnkey investment in one of Chicago's most desirable neighborhoods. Rarely does an opportunity combine location, condition, and income potential with this level of flexibility.
Property Facts & Features
- Property Type
- Multi Family
- Status
- Closed
- Sold
- Aug 23, 2026
- List Price
- $1,600,000
- ZIP Code
- 60657
- Full Baths
- 4
- Garage
- 2 spaces
- Parking
- Yes, Garage Owned, Detached, Garage
- Heating
- Natural Gas, Forced Air, Steam
- Construction
- Brick, Block, Stone
- Property Tax (2023)
- $19,839/yr
- Assessed Value
- $103,000
- Neighborhood
- Lake View
- County
- Cook
- School District
- Chicago Public Schools
Features & Amenities
Bedrooms
- Bedrooms: 10
- Bedrooms Possible: 10
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Land Info
- Additional Parcels: No
- Lot Size Dimensions: 24 x 125
Utilities
- Electric Expense: 480
- Sewer: Public Sewer
- Water Sewer Expense: 1800
- Water Source: Lake Michigan
Other Rooms
- Total Rooms: 20
- Basement Features: Unfinished, Full
Rental Info
- Gross Income: 106200
Home Features
- Other Equipment: Ceiling Fan(s)
Multi-Unit Info
- Bedrooms in Unit-1: 3
- Bedrooms in Unit-2: 3
- Bedrooms in Unit-3: 4
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
- Total Bathrooms in Unit-3: 2
- Full Bathrooms in Unit-1: 1
- Full Bathrooms in Unit-2: 1
- Full Bathrooms in Unit-3: 2
- Half Bathrooms in Unit-1: 0
- Half Bathrooms in Unit-2: 0
- Half Bathrooms in Unit-3: 0
- Total Rooms in Unit-1: 7
- Total Rooms in Unit-2: 7
- Total Rooms in Unit-3: 7
- Unit 1 Total Actual Rent: 2625
- Unit 2 Total Actual Rent: 2725
- Unit 3 Total Actual Rent: 3500
Garage and Parking
- Garage Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
- Parking Total: 2
School Information
- Elementary School District: 299
- High School District: 299
- School District: 299
- Middle or Junior School District: 299
Heating and Cooling
- Fuel Expense: 600
- Heating Features: Natural Gas, Forced Air, Steam
- Heating: Yes
Other Property Info
- Annual Tax Amount: 12310
- Source Listing Status: Closed
- County: Cook
- Directions: CLARK NORTH TO NEWPORT TURN RIGHT TO 915
- Tax Year: 2024
- Ownership: Fee Simple
- Insurance Expense: 2200
- Area: CHI - Lake View
- Source Neighborhood: CHI - Lake View
- Parcel Number: 14204120020000
- Township: Lake View
- Zoning: MULTI
- Property Subtype: Two to Four Units
Building and Construction
- Year Built: 1888
- Construction Materials: Brick, Block, Stone
- Property Age: 100
Exterior and Lot Features
- Fencing: Fenced
Price & Event History
| Date | Event | Price | $/Sq Ft |
|---|---|---|---|
| Aug 23, 2026 | Sold | $1,389,375 | - |
| Jul 27, 2026 | Listed | $1,600,000 | - |
| Jul 27, 2026 | Listing removed | $1,700,000 | - |
| Jul 21, 2026 | Relisted | $1,700,000 | - |
| Jul 7, 2026 | Listing removed | - | - |
| May 17, 2024 | Listing removed | - | - |
| May 16, 2024 | Listed for rent | $3,000 | - |
Location
Lat 41.94426 · Lng -87.65640