2933 Lexington Street, East Garfield Park, Chicago, Illinois 60612


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$160,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 7
Baths: 0
Year Built: 1903
Property Taxes: $3,873
Days On Market: 3649
Lot Size: 0,07
Map
Street View

Description

Great investment opportunity, or fantastic opportunity for live-in owner. Upstairs just rehabbed, would rent for $900 to 1000, or perfect for owner's unit (holding off on renting while listing). Downstairs duplex unit has great long-term (over eight year) Section 8 tenant, rent is $1,200 (all but $65 paid by the government). That unit alone should pay the full mortgage at asking price (i.e., the owner could basically live for free), or fully rented the cap rate should be around 13%. Zoned as legal three unit, but currently rented as two unit (since one unit duplexed down). Tenants pay electric and heat, approx. $150/month additional from brand-new coin laundry ($2,000 investment). Sold "as is", broker owned, listed at 2014 pre-improvement appraisal value for quick sale.

Property Specifics

Multi-unit
1903
Full,Walkout
No
0.07
Cook
— / —
Lake Michigan
Sewer-Storm
09083171
16133100090000

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Jensen Elementary School Olastic
299
High School
Manley Career Academy High Schoo
299 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
27 Apr, 2009 Sold $89,900 MRED MLS
13 Mar, 2009 Under contract $89,900 MRED MLS
10 Mar, 2009 Listed for sale $89,900 MRED MLS
15 Dec, 2015 Sold $160,000 MRED MLS
18 Nov, 2015 Under contract $165,000 MRED MLS
10 Nov, 2015 Listed for sale $165,000 MRED MLS
18 Jan, 2023 Sold $270,000 MRED MLS
14 Dec, 2022 Under contract $270,000 MRED MLS
14 Dec, 2022 Listed for sale $270,000 MRED MLS
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Room Specifics

All Bedroom Info:
Total Bedrooms: 7
Bedrooms Above Ground: 7
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: —
Bathroom Amenities: Whirlpool
Bathroom in Basement: —
Additional Rooms Info:
Rooms: Enclosed Porch
Basement: Full,Walkout
Basement Description: Finished

Other Specifics

25X125
Not in DB

Tax History

Year Property Taxes
2009 $2,400
2015 $3,873
2023 $4,167

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Listing Provided By

Chicago City Realty LLC