3823 W Lexington Street, Chicago, IL 60624

Chicago
Local realty services provided by:Better Homes and Gardens Real Estate Connections
3823 W Lexington Street,Chicago, IL 60624
$375,000
  • 7 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: vasil vulic, shaun moskalik
Office: compass
MLS#:12759313
Source:MLSNI

Price summary

  • Price:$375,000

About this home

Welcome to 3823 W Lexington St, a brick and limestone 2-flat offering an excellent opportunity for an investor or owner-occupant looking to build long-term rental income. Situated on a standard 25' x 125' Chicago lot, this multifamily property offers two residential units, additional lower-level space, and two rear parking spaces. The property provides an opportunity to generate income from multiple living spaces while offering investors the potential to increase cash flow over time through continued rental growth and improvements. The building has benefited from prior renovations, including updated windows, and features a newer furnace installed in 2022. The property currently offers an attractive combination of established rental income and future upside. The lower-level garden unit provides additional potential for a buyer interested in exploring future legalization and expansion of the property's income-producing capacity. Buyer to independently verify the legality,...

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Home facts

  • Year built:1890
  • Listing ID #:12759313
  • Updated:November 13, 2026 at 12:59 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:13
  • Basement Description:Full, Partially Finished

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Year built:1890
  • Lot area:0.07 Acres

Utilities

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

Finances and disclosures

  • Price:$375,000
  • Tax amount:$6,250 (2025)

Parking

  • Total parking spaces:2
  • Parking description:Off Alley
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