Sold
Last Sold Price
4 beds2,400 sqft$290/sqft
1414 W Lexington St, Chicago, IL 60607
Multi FamilyProperty Type
2,664 sq ftLot Size
1895Year Built
$290/sq ftPrice per sq ft
2 carsParking Spaces

Description

Wonderful opportunity in the rarely available Little Italy/Tri Taylor/University Village area. This fully leased 2-flat currently brings in a very healthy, yet under-market $4400/mo - $52,800/year with rental potential to over $5500/mo - $66,000/yr. Keep as a steady rental or plan to move in at a later date. So easy to rent as both units have central air and washer and dryer in units. 2nd floor is a RARE duplex up that is 3 bed, 2 1/2 bath former OWNERS UNIT, while the 1st floor is a 1 bed, 1 bath....Wonderful opportunity in the rarely available Little Italy/Tri Taylor/University Village area. This fully leased 2-flat currently brings in a very healthy, yet under-market $4400/mo - $52,800/year with rental potential to over $5500/mo - $66,000/yr. Keep as a steady rental or plan to move in at a later date. So easy to rent as both units have central air and washer and dryer in units. 2nd floor is a RARE duplex up that is 3 bed, 2 1/2 bath former OWNERS UNIT, while the 1st floor is a 1 bed, 1 bath. 2400 total s/f. 2 car garage. IN ADDITION, there's an awesome BONUS room above the garage with full electrical and a/c! Need a workshop, craft room, man-cave, music studio - THIS IS YOUR PLACE! Adjacent to the sparkling new Medical District with Rush Hospital and Stroger right around the corner. Priced to move!

    Sold By Coldwell Banker Real Estate Group

    Listing closed: 12/18/2023 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11924721

    Recent comparable sales

    Median sold price

    $660,000

    Avg days on market

    19

    Sale-to-list ratio

    98.9%

    Chicago, IL

    9 comparable properties found

    front view of a brick building
    1/40
    1

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    Sold 06/30/25

    4
    Bedrooms
    Unavailable
    Square Feet
    0.25
    Acres
    a front view of a building with street
    1/27
    2

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    Bedrooms
    2,200
    Square Feet
    Unavailable
    Acres
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    1/23
    3

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    Sold 02/12/26

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    Square Feet
    Unavailable
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    1/41
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    Sold 08/19/25

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    Square Feet
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    Sold 12/27/24

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    1/33
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    Sold 12/10/25

    4
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    Square Feet
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    Acres
    $745,000 | 2512 West Polk Street, Chicago, IL 60612
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    7

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    4
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    Square Feet
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    Acres
    a view of a house with wooden deck
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    $730,000

    Sold 12/09/25

    4
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    $750,000 | 931 West College Parkway, Unit 931, Chicago, IL 60608
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    9

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    Sold 03/24/25

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    Bedrooms
    2,756
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    Acres

    Location

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    $4,519 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $3,533

    Property Taxes

    $986

    HOA Dues

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    Property Information for 1414 West Lexington Street

    Property Details
    • Taxes: $11,836 / year
    • MLS Type: Two to Four Units / 2 Flat
    • County: Cook County
    • Area: CHI - Near West Side
    • Township: West Chicago
    • Ownership: Fee Simple
    • Num Of Garage Spaces: 2.0
    • Parking Included in Price: Yes
    • Heat/Fuel: Natural Gas
    • Zoning: MULTI
    Building Information
    • Residences: 2
    • Year Built: 1895
    • Lot Size: 0.06 AC / 2,664 SF
    General Information
    School Information
    • Elementary School District: 299
    • Elementary School: Andrew Jackson Elementary School
    • High School District: 299
    • High School: Wells Community Academy Senior H
    • Middle Or Junior School District: 299
    Addtl Parking Information
    • Garage Details: Garage Door Opener(s)
    • Garage On Site: true
    • Garage Ownership: Owned
    • Garage Type: Detached
    • Parking: Garage
    Property Information
    Interior Features
    • Num Of Rooms: 16
    • Bedrooms Total: 4
    • Bedrooms (Below Grade): 0
    • Basement Type: Partial
    • Bedrooms Possible: 4
    • Basement Description: Crawl, Cellar, Stone/Rock
    • # Full Baths in Building: 3
    • # Half Baths in Building: 1
    • Room Type: Workshop
    • Num of Baths: 3.1
    Utilities / Equipment
    • Sewer: Sewer-Public
    • Water: Lake Michigan
    Property/Lot Information
    • Exterior Property Features: Balcony, Patio, Workshop
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: Yes
    • Rehab Year: 2005
    • Built Before 1978: Yes
    • Age: 100+ Years
    • Lot Size: Less Than .25 Acre
    • Lot Dimensions: 24X111
    • Total # Units in Building: 2.0
    • Other Structures: Outbuilding, Utility Building(s)
    • Waterfront: No
    • Exterior Building Type: Brick
    • General Information: Commuter Bus,Commuter Train,Interstate Access
    • North Coordinate: 0
    • South Coordinate: 700
    • East Coordinate: 0
    • West Coordinate: 1400
    • 3 Br Un In Bldg: Yes
    Property and Assessments
    • Buyer Financing: Conventional, Cash
    • Public Document Count: 2
    • Document Date: 2023-11-06T15:37:44
    • Photos Count: 37
    • OpenHouse Count: 0
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    • Virtual Tour Date: 11-06-2023
    Multi Family
    Income & Expenses
    • Water Expense Source: Owner Projection
    • Water Sewer Expense: $395.00
    Unit 1
    • Unit Type Actual Rent: $1,800.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 1
    • Lease Expiration Date: 5/24
    Unit 2
    • Unit Type Actual Rent: $2,500.00
    • Unit Type Baths Total: 3
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 2
    • Lease Expiration Date: 5/24

    Property History for 1414 West Lexington Street

    DateEvent & SourcePriceAppreciation
    Dec 18, 2023

    Sold

    MRED #11924721

    $695,000
    Dec 15, 2023

    Sold (Public Record)

    Public Record #1524778765

    $695,000

    -1.2% / yr

    Nov 16, 2023

    Pending

    MRED #11924721

    DateEvent & SourcePrice
    12/18/2023

    Sold

    MRED #11924721

    $695,000
    12/15/2023

    Sold (Public Record)

    Public Record #1524778765

    $695,000

    -1.2% / yr

    11/16/2023

    Pending

    MRED #11924721

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

    Public Records for 1414 West Lexington Street

    Taxable ValueLand$14,918Additions$45,082Total$60,000
    Tax Record2023$12,424 ($1,035 / month)
    Home Facts
    Baths2.5Total Finished SqFt2,664 SqFtAbove Grade Finished SqFt2,664 SqFtStories2Lot Size2,664 SqFtStyleMulti-Family Res (5+ Units)Year Built1893CountyCOOKAPN17-17-303-043

    Schools near 1414 West Lexington Street

    This home is within Chicago Public Schools.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 8
    Public - 9 to 12
    Public - K to 8
    Public - K to 8
    Rating
    School
    Distance
    Smyth J Elementary School
    PublicPK to 8

    Wells Community Academy High School
    Public9 to 12

    Chicago World Language Academy
    PublicK to 8

    STEM Magnet Academy Elementary
    PublicK to 8

    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.

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    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    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. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/20/2023 02:01 AM. 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.