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2931 W LEXINGTON Street
Chicago IL 60612 US

$574,900

Active Listing ID 12629045
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8 bed
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3.00 Bath (3 Full)
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Other

$574,900

Active Listing ID 12629045
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2931 W LEXINGTON Street This is an exceptional opportunity as an investor or owner-occupant to buy a move-in ready, income-producing all brick 3-unit property. Perfectly positioned in a rapidly growing pocket of East Garfield Park, this property is just steps from the highly anticipated United Center 1901 Project. This well-maintained building offers sharp finishes that has income producing tenants in place. Units 2 and 3 each feature spacious 3-bedroom, 1-bath layouts, while Unit 1 is a 2-bedroom, 1-bath layout. All units offer an open-concept living space that are filled with natural light. The kitchens are designed to impress with stainless steel appliances, and shaker cabinetry, creating a clean, modern culinary feel. Each unit also enjoys access to private rear decks, adding both lifestyle appeal and rental value. Designed for efficiency and ease of ownership, the property includes separate furnaces with tenants responsible for their own gas and electric, along with individual washer and dryer setups for each unit located in the shared basement. ADU or duplex down to increase cash flow as the basement offers 7'5" ceiling height and 2 egresses offering incredible upside. Outside, a dedicated parking pad accommodates up to four vehicles/ tandem. Ideally located just a short walk to the Western Blue Line Station and minutes from the Illinois Medical District, downtown, and neighborhood amenities including Pete's Fresh Market. This property checks every box! Incredibly LOW property taxes - no homeowner's exemption applied - make this an affordable, high-performing investment. Whether you're a seasoned investor or a first-time buyer, this property delivers income, long-term appreciation, and unmatched versatility. Don't miss your opportunity to own in one of Chicago's fastest-growing corridors!

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 3
  • Heating Fuels: Natural Gas
  • Additional Features
  • Basement

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 574900
  • unparsedaddress: 2931 W LEXINGTON Street
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60612
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.871665
  • longitude: -87.699768
  • listagentfullname: Daniel DePaepe
  • listagentemail: danield@bairdwarner.com
  • listagentkey: 3yd-MREDIL-101353
  • listagentmlsid: 101353
  • listagentpreferredphone: (312) 265-8000
  • listagentofficephone: 7732944250
  • listofficekey: 3yd-MREDIL-88718
  • listofficemlsid: 88718
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1904
  • listingcontractdate: 2026-04-30
  • listagentfax: 3122657078
  • listagenturl: https://www.dreamtown.com
  • countyorparish: Cook
  • parcelnumber: 16133100100000
  • elementaryschooldistrict: 299
  • middleorjuniorschooldistrict: 299
  • highschooldistrict: 299
  • constructionmaterials: Brick
  • heating: Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 4
  • parkingfeatures: Owned, Off Street
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 4, Bedroom 1, Bedroom 8, Bedroom 7, Bedroom 3, Bathroom 1, Bathroom 3, Bedroom 6, Basement, Bathroom 2, Bedroom 5, Bedroom 2
  • basement: Full, Unfinished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -87.69977, 41.871666
  • openhouse: { "AppointmentRequiredYN": false, "ListingKey": "3yd-MREDIL-12629045", "OpenHouseEndTime": "2026-05-02 13:30:00", "OpenHouseId": "3790654", "OpenHouseRemarks": null, "OpenHouseStartTime": "2026-05-02 12:00:00", "OpenHouseType": null, "VirtualOpenHouseURL": null }
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Dream Town Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"chat@dreamtown.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@dreamtown.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/8c9eb0811dae11e08ce200219b994c72/20240918151613420.png", "ListBrokerageName":"Dream Town Realty", "ListBrokeragePhone":"(312) 265-8000", "ListBrokeragePostalCode":"60614", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1950 North Sedgwick", "ListBrokerageWebsiteUrl":"https://www.dreamtown.com", "ListOfficeAddress1":"4553 N Lincoln Ave ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"88718", "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":"info@dreamtown.com", "ListOfficePostalCode":"60625", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Chicago, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2931-W-Lexington-St_Chicago_IL_60612_M82640-73922?f=listhub&s=MREDIL&m=12629045&c=rexren", "MLSModificationTimestamp":"2026-05-03 09:28:04", "Neighborhoods":[{"Description":null, "Name":"CHI - East Garfield Park"}], "PostalCode":null, "RoomCount":17, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":6634, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/3/2026 9:35:38 AM GMT
Source Updated Date: 5/4/2026 6:54:04 PM GMT

Courtesy of: Daniel DePaepe, Baird & Warner, danield@bairdwarner.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.