2837 West Lexington Street

Chicago, IL 60612

$889,800
Price
10
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Perfect house hack in a building with very low property taxes. Live in a unit for free while the other three rents pay your mortgage. Complete new 4-unit rehab consists of two duplex-downs with 3 bed/2 bath units each, and two 2 bed/1 bath units on the top floor, all equipped with separate utilities and central air - an actual landlord's dream. Some features include designer kitchens with full stainless steel Samsung appliance packages, quartz countertops, peninsulas, and stunning backsplashes. Black...Perfect house hack in a building with very low property taxes. Live in a unit for free while the other three rents pay your mortgage. Complete new 4-unit rehab consists of two duplex-downs with 3 bed/2 bath units each, and two 2 bed/1 bath units on the top floor, all equipped with separate utilities and central air - an actual landlord's dream. Some features include designer kitchens with full stainless steel Samsung appliance packages, quartz countertops, peninsulas, and stunning backsplashes. Black hardware throughout and luxury vinyl flooring in all units. In-unit washer/dryer, designer bathrooms with porcelain tiles, and custom closets in each bedroom. Outdoor amenities include private outdoor spaces for the rear units, a parking pad that accommodates three cars, and a fully fenced-in property. New electrical & electric service, new plumbing, new HVAC, new roof, and new porches. This newly remodeled multi-unit building offers exceptional value and high-income potential. Invest in a thriving area: surrounded by new construction on the 2500 block of Polk, the 2700 block of Harrison, and a new car wash at California/Harrison, four blocks from the Blue Line and two blocks from I-290, this location is poised for growth. You must see this property!
  1. Listed by Luminita Ispas • Century 21 S.G.R., Inc.

Property Details for 2837 West Lexington Street

Area
CHI - East Garfield Park
Township
West Chicago
Ownership
Fee Simple
Num Of Parking Spaces
3.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas
Zoning
MULTI

Location

Listing Courtesy of Century 21 S.G.R., Inc.
Add your commute
LISTING UPDATED: 05/30/2024 02:07 PM

Property Details for 2837 West Lexington Street

StatusActive
MLS #12059473
Days on Market15
Taxes$2,211 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1890
Lot Size0.07 AC / 3,049 SF
CountyCook County

Location

Listing Courtesy of Century 21 S.G.R., Inc.
Add your commute

Building Information for 2837 West Lexington Street

Stories-Residences4Year Built1890Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$5,040 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,856

Property Taxes

$184

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2837 West Lexington Street

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Off Street
  • Parking On Site: true
  • Parking Ownership: Owned
  • Open Parking Spaces: 3.0
Property Information
Interior Features
  • Num Of Rooms: 18
  • Bedrooms (Below Grade): 0
  • Basement Type: Partial
  • Bedrooms Possible: 10
  • Basement Description: Finished
  • # Full Baths in Building: 6
  • # Half Baths in Building: 0
  • Num of Baths: 6.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 25 X 125
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • North Coordinate: 0
  • South Coordinate: 728
  • East Coordinate: 0
  • West Coordinate: 2837
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 5
  • Document Date: 2024-05-30T19:06:54
  • Photos Count: 92
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $300.00
  • Gross Income: $100,800.00
  • Insurance Expense: $3,500.00
  • Electric Expense Source: Owner Projection
  • Insurance Expense Source: Owner Projection
  • Trash Expense Source: Owner Projection
  • Water Expense Source: Owner Projection
  • Net Operating Income: $91,300.00
  • Trash Expense: $950.00
  • Water Sewer Expense: $950.00
Unit 1
  • Unit Type Actual Rent: $2,500.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: MO/MO
Unit 2
  • Unit Type Actual Rent: $2,500.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: MO/MO
Unit 3
  • Unit Type Actual Rent: $1,750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 06/25
Unit 4
  • Unit Type Actual Rent: $1,700.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 06/25

Property History for 2837 West Lexington Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2837 West Lexington Street

Taxable ValueLand$3,671Additions$7,040Total$10,711
Tax Record2022$2,211 ($184 / month)
Home Facts
Baths3Total Finished SqFt2,816 SqFtAbove Grade Finished SqFt2,816 SqFtStories2Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1888CountyCOOKAPN16-13-311-010

Schools near 2837 West Lexington Street

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Charter - K to 8
Rating
School
Distance
Jensen Elementary Scholastic Academy
PublicPK to 8

Manley Career Academy High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2837 West Lexington Street is a multi-family home for sale in Chicago, IL 60612. This property was listed for sale on May 17, 2024 by Century 21 S.G.R., Inc., it's currently listed at $889,800. It has been on the market for a total of 15 days and was last sold on March 12, 2021. This listing's school district is City Of Chicago School District 299. Nearby schools include Jensen Elementary Scholastic Academy, Manley Career Academy High School and Kellman Corporate Community Elementary School. 2837 West Lexington Street is a 10-bed, 6-bath, multi-family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 S.G.R., Inc.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 05/30/2024 02:07 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.