3037 W Lexington Street, Chicago, IL 60612

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3037 W Lexington Street,Chicago, IL 60612
$515,000
  • 8 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: karla mina
Office: mpower residential brokerage llc.
MLS#:12497730
Source:MLSNI

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Price summary

  • Price:$515,000

About this home

SUPER AFFORDABLE Opportunity with LOW Property taxes |$3,811 without a homeowner's exemption | This fully gut-rehabbed, permitted LEGAL 2-FLAT offers 3 finished income-producing units and is located in Chicago's rapidly appreciating West Side corridor. Conservative three-bedRM Rental comp located at 2921 W Jackson | MLS#12338227 | 3bed/1bath | rented for $1,900. While a two-bedrm (without den) rented rented for $1,995, see comp:3328 W Congress Pkwy, Unit 1 | MLS# 12440357. Conservative Estimated Monthly Rental Income: $1900+1900+1800 (not including parking spaces) $5,600 |Estimated Annual Rental Income: $67,200. This classic Chicago red-brick building offers timeless curb appeal, solid masonry construction, and architectural elements investors and tenants love; 10-ft ceilings, redesigned open-concept floor plans, oversized windows, and restored character balanced with modern upgrades. The property features three turnkey units (1st & 2nd floor units: 3bd/1ba + basement: 2bd+den/1ba).

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Home facts

  • Year built:1890
  • Listing ID #:12497730
  • Added:46 day(s) ago
  • Updated:December 27, 2025 at 08:12 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:3
  • Full bathrooms:3

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Roof:Rubber
  • Year built:1890

Schools

  • High school:Manley Career Academy High Schoo
  • Middle school:Jensen Elementary School Olastic
  • Elementary school:Jensen Elementary School Olastic

Utilities

  • Water:Lake Michigan, Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$515,000
  • Tax amount:$3,811 (2023)
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