ClosedPrice Reduced

$522,500

$550,000
2716 LEXINGTON Street, Chicago, IL 60612
6 Beds3 Baths77 days
2716 LEXINGTON Street·Chicago, IL 60612
6Bedrooms
3Bathrooms
1891Year Built
About This Home

Discover a remarkable investment opportunity with this multi-unit property in the East Garfield Park neighborhood of Chicago. A perfect blend of flexibility, convenience, and investment potential awaits in this prime location near the Illinois Medical District, Roosevelt Square, Little Italy, Garfield Park, Garfield Park Conservatory, Douglass Park, Chicago Hope Academy, Altgeld Park, and the Cinespace Studios Chicago. The ideal time to enter this area is now! Featuring two existing units and a potential third. Unit 2 offers three bedrooms and one bath, with modern, updated interiors. Unit 1 offers two bedrooms and one bath, but the layout is ideal for converting front living room into a third bedroom. The finished basement includes a bedroom, bathroom, and is prepped for a kitchen. Basement is ideal for an additional unit or duplex expansion. Property enhancements include new electrical wiring, 10-year-old a/c units, and a low-maintenance backyard. A detached two-car garage and easy access to the I-290 and CTA Transportation. 3D/Virtual Tour link available.

MLS# 12030878Listed May 31, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms3
Total Rooms10

Size & Structure

Garage Spaces2
Year Built1891
Lot Size0.060 acres

Location

CountyCook
TownshipWest Chicago
Zip Code60612

Financial

List Price$522,500
Original Price$550,000
Annual Taxes (2022)$4,540
Monthly Tax Est.$378
Parcel #16134040360000
Interior Features

Heating

None

Basement

FinishedFull
Exterior & Lot

Construction

BrickStone
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

On SiteGarage OwnedDetachedGarage
Schools
Elementary
Jensen Elementary School Olastic
District: 299
Middle School
Jensen Elementary School Olastic
District: 299
High School
Manley Career Academy High Schoo
District: 299
Tax & Financial
Annual Taxes
$4,540
Tax Year 2022
Monthly Tax Est.
$378
per month
Price Reduced by $27,500
Original list price: $550,000
Property Location

2716 LEXINGTON Street, Chicago, IL 60612Cook County

$522,500
2716 LEXINGTON Street
6 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
77 days on market
2-car garage
0.060 acres
$4,540/yr taxes
Price reduced $27,500
$3,124
estimated monthly payment
Principal & Interest
$2,746/mo
Property Tax
$378/mo
$522,500
20% — $104,500
3%50%
6.875%
3%12%
Loan Amount
$418,000
Down Payment
$104,500

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Dream Town Real Estate
Agent: Gonzalo Del Rio
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