2714 W LEXINGTON ST, Chicago, IL 60612
2714 W LEXINGTON ST, Chicago, IL 60612
2714 W LEXINGTON ST, Chicago, IL 60612
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$464,900
Est. payment /mo
5 Beds
3 Baths
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Open House

Sat Jun 13, 11:00am - 1:00pm

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12672523

Style Greystone

Bedrooms 5

Year Built 1893

Annual Tax Amount $5,847

Tax Year 2024

Lot Dimensions 25 X 125

Property Sub-Type Two to Four Units

Property Description

Own a classic Chicago greystone two-flat in East Garfield Park, where new development is actively reshaping the neighborhood and values are climbing fast. Walk the block and see it for yourself. The building features iconic bay window architecture and solid masonry construction. Unit 2 offers three bedrooms, one bath, and original hardwood floors. Unit 1 offers two bedrooms, one bath, and a flexible layout. The semi-finished basement, with a living room, bedroom, full bath, half-bath, and rough plumbing for a future kitchen, is primed for a duplex-down conversion or in-law suite! Here is the upside: both units are tenant-occupied on month-to-month leases at below-market rents. Raise rents to market rate, convert the basement, or house-hack and let your tenants cover your mortgage. The path to strong returns is already paved. Roof, HVAC, and windows refreshed approximately 12 years ago. Brand-new water heater in 2025. Minutes from the Illinois Medical District, Little Italy, Garfield Park, and Cinespace Chicago Studios. The $7 billion United Center 1901 Project is just five minutes away! Easy access to I-290 and CTA Blueline. Stable income today. Massive upside tomorrow. Schedule your tour now, before the market catches up. Seller is a licensed real estate broker in the State of Illinois

Location

State IL

County Cook

Area Chi - East Garfield Park

Zoning MULTI

Rooms

Basement Partially Finished, Partial

Interior

Heating Natural Gas, Steam

Fireplace N

Exterior

Community Features Curbs, Gated, Sidewalks, Street Lights, Street Paved

Building

Dwelling Type Two to Four Units

Building Description Brick, Yes

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

Elementary Schools Jensen Elementary School Olastic

Middle Schools Jensen Elementary School Olastic

High Schools Manley Career Academy High Schoo

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany


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Midwest Real Estate Data (MRED) IDX
Listed by Josh Reighard of  Baird & Warner 

Nearby Locations

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Jaime Birks

Jaime Birks

+1(708) 259-6242

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2714 W LEXINGTON ST