2714 Lexington Street, East Garfield Park, Chicago, Illinois 60612
$464,900
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For Sale
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| Status: | New |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 5 |
| Baths: | 0 |
| Year Built: | 1893 |
| Property Taxes: | $5,848 |
| Lot Size: | 0,00 |
Description
Own a classic Chicago greystone two-flat in East Garfield Park, where new development is actively reshaping the neighborhood and values are climbing fast. Walk the block and see it for yourself. The building features iconic bay window architecture and solid masonry construction. Unit 2 offers three bedrooms, one bath, and original hardwood floors. Unit 1 offers two bedrooms, one bath, and a flexible layout. The semi-finished basement, with a living room, bedroom, full bath, half-bath, and rough plumbing for a future kitchen, is primed for a duplex-down conversion or in-law suite! Here is the upside: both units are tenant-occupied on month-to-month leases at below-market rents. Raise rents to market rate, convert the basement, or house-hack and let your tenants cover your mortgage. The path to strong returns is already paved. Roof, HVAC, and windows refreshed approximately 12 years ago. Brand-new water heater in 2025. Minutes from the Illinois Medical District, Little Italy, Garfield Park, and Cinespace Chicago Studios. The $7 billion United Center 1901 Project is just five minutes away! Easy access to I-290 and CTA Blueline. Stable income today. Massive upside tomorrow. Schedule your tour now, before the market catches up. Seller is a licensed real estate broker in the State of Illinois
Property Specifics
| Multi-unit | |
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| 1893 | |
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| No | |
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| Cook | |
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| — / — | |
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| 12672523 | |
| 16134040370000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
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Grade School
Jensen Elementary School Olastic |
299 | — | |
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Middle School
Jensen Elementary School Olastic |
299 | Not in DB | |
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High School
Manley Career Academy High Schoo |
299 | Not in DB | |
Room Specifics
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
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| 25 X 125 | |
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| Not in DB | |
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Listing Provided By
Baird & Warner
