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2714 W Lexington Street Chicago, IL 60612

$464,900
New / MLS# 12672523 / Multi Unit - Multiple / Chicago
5 Beds
3 Baths

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

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Baird & Warner Josh Reighard 801.865.9047 Email

Baird & Warner Gonzalo Del Rio 312.918.0380 Email

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Estimated Payment

$ 1,655.96 per month $1,033.11 Principal & Interest $487.25 Property Tax $135.60 Homeowner's Insurance
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Upcoming Open Houses

Open House Saturday June 13th, 11:00am - 1:00pm

Property Details

Property Type: Multi Unit - Multiple
Basement: Partially Finished, Partial
Basement: Yes
Heating: Natural Gas, Steam
Home Style: Greystone
Lot Size: 25 X 125
Taxes: $5,847
Year Built: 1893

Feature Descriptions

Exterior: Brick
Lot Dimensions: 25 X 125
Parcel#: 16134040370000
Parking: Assigned, Yes, Owned
Sewer: Public Sewer
Total Rooms: 11
Township: West Chicago
Water: Lake Michigan

Schools

High School: Manley Career Academy High Schoo
Middle School: Jensen Elementary School Olastic
Elementary School: Jensen Elementary School Olastic
School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

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