BEDS5
BATHS3 full
MLS#12672523
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDistrict 299
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
Property Features
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
Local Schools
High School: Manley Career Academy High Schoo
Middle School: Jensen Elementary School Olastic
Elementary School: Jensen Elementary School Olastic
School District: District 299
Listed By / Shown By
Listed By
Agency Name: Baird & Warner
Agency Phone: 312-242-1000
Shown By
Agency Title: Gambino Realtors
Agency Phone: 815-282-2222
Estimate Your Payment
Estimated Payment
$ 2,734.57 per month $2,111.72 Principal & Interest $487.25 Property Tax $135.60 Homeowner's Insurance
2714 W Lexington Street | MLS# 12672523
This multi-family property located at 2714 W Lexington Street , Chicago, IL 60612 is currently listed for sale with an asking price of $464,900. W Lexington Street is located within the District 299 school district. Search Chicago real estate on www.gogambino.com today.