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$3,000,000 Just Listed
Property Description
Classic Chicago charm meets modern luxury in this beautifully renovated four-unit Greystone located in the heart of East Lincoln Park. Just steps from neighborhood retail, public transportation, and the lakefront, this turnkey investment property offers an unbeatable combination of location and quality. Completely gut-rehabbed down to the studs in 2016, each unit features high-end finishes and updated systems throughout. Apartments include quartz countertops, in-unit laundry, individual HVAC systems, and separate hot water heaters for tenant convenience and operational efficiency. The building also received all-new electrical service and plumbing during the renovation, providing peace of mind for years to come. Unit 2's lease expires at the end of July, presenting an excellent opportunity for owner-occupancy or the ability to achieve market rent. A rare opportunity to acquire a fully updated multifamily property in one of Chicago's most desirable neighborhoods.
Full Property Details
Full Property Details for 2425 N Geneva Terrace
General
- Price: $3,000,000
- HOA FEE: $4,355
- Taxes: $36,012 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12656620
- Updated: 5/28/2026
- Added to Site: 2 day(s) ago
Interior
- Basement: Partially
Rooms
Bathrooms
- Total Bathrooms: 7
- Upper - Full Baths: 7
Bedrooms
- Total Bedrooms: 14
Location
- Area: CHI - Lincoln Park
- County: Cook
- Township: Lake View
- Driving Directions: Geneva Terrace, south of Arlington north of Fullerton
School Information
- School District: 1
- Elem School District: 1
- Midd School District: 1
- High School District: 1
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Partially Finished, Partial
- Built Before 1978: Yes
- Remodeled/Updated: 2016
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Standard Chicago Lot
- Lot Dimensions: 125 x 25
Financial Considerations
- Maint. Fee: $4,355
- Insurance Fee: $4,436
- Tax Amount: $36,012
- Tax Year: 2024
- Pays Electric: 534
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 14283170050000
Listed by Star Realty & Management
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Schools
Schools serving 2425 N Geneva Terrace
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Chicago, IL 615 West Kemper Place, Chicago, IL 60614 | K-8 | 0.1 mi |
Lincoln Park High School, Chicago, IL 2001 North Orchard Street, Chicago, IL 60614 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2425 N Geneva Terrace
Date
Details
Price
Change
Source
5/27/2026
Listed
$3,000,000
57.89%
MLS
9/19/2022
Sold
$1,900,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2425 N Geneva Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2023
$36,012
—
$162,859
-5%
2023
$36,012
3%
$170,683
—
2022
$35,106
-6%
$170,683
-8%
2021
$37,403
37%
$186,000
52%
2020
$27,251
1%
$122,328
-9%
2019
$27,008
2%
$134,427
—
2018
$26,554
25%
$134,427
36%
2017
$21,321
-1%
$99,045
-8%
2016
$21,633
-4%
$108,008
-12%
2015
$22,419
34%
$122,346
36%
2014
$16,712
2%
$90,074
—
2013
$16,382
-12%
$90,074
-13%
2012
$18,611
—
$103,714
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2425 N Geneva Terrace
2425 N Geneva Terrace, Chicago, IL 60614 (MLS# 12656620) is a Multi-Family property with 4 units containing 14 bedrooms and 0 full bathrooms. 2425 N Geneva Terrace is currently listed for $3,000,000 and was received on May 27, 2026. Want to learn more about 2425 N Geneva Terrace? Do you have questions about finding other Multi-Family real estate for sale in Lincoln Park? You can browse all Lincoln Park real estate or contact a Coldwell Banker agent to request more information.
