Discover a remarkable investment opportunity with this multi-unit property in the East Garfield Park neighborhood of Chicago. A perfect blend of flexibility, convenience, and investment potential awaits in this prime location near the Illinois Medical District, Roosevelt Square, Little Italy, Garfield Park, Garfield Park Conservatory, Douglass Park, Chicago Hope Academy, Altgeld Park, and the Cinespace Studios Chicago. The ideal time to enter this area is now! Featuring two existing units and a potential third. Unit 2 offers three bedrooms and one bath, with modern, updated interiors. Unit 1 offers two bedrooms and one bath, but the layout is ideal for converting front living room into a third bedroom. The finished basement includes a bedroom, bathroom, and is prepped for a kitchen. Basement is ideal for an additional unit or duplex expansion. Property enhancements include new electrical wiring, 10-year-old a/c units, and a low-maintenance backyard. A detached two-car garage and easy access to the I-290 and CTA Transportation. 3D/Virtual Tour link available.
Closed
$475,000
2716 W Lexington St, Chicago, IL 60612
5beds
--sqft
Multi Family
Built in 1891
-- sqft lot
$517,600 Zestimate®
$--/sqft
$2,273 Estimated rent
Home value
$517,600
$481,000 - $554,000
$2,273/mo
Zestimate® history
Owner options
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$3,353/mo
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$3,353/mo
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Zillow last checked:
Listing updated:
Listing courtesy of:
Gonzalo Del Rio 312-242-1000,
Dream Town Real Estate
Bought with:
Jacob Lyons
@properties Christie's International Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 12030878
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- None
Features
- Basement: Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: On Site, Garage Owned, Detached, Garage
- Garage spaces: 2
Lot
- Size: 2,613 sqft
Details
- Parcel number: 16134040360000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Stone
Condition
- New construction: No
- Year built: 1891
- Major remodel year: 2018
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2024 | Sold | $475,000-9.1% |
Source:  MRED as distributed by MLS GRID #12030878 Report a problem | ||
| 8/15/2024 | Contingent | $522,500 |
Source: MRED as distributed by MLS GRID #12030878 Report a problem | ||
| 7/15/2024 | Price change | $522,500-5% |
Source: MRED as distributed by MLS GRID #12030878 Report a problem | ||
| 5/31/2024 | Listed for sale | $550,000+556.1% |
Source: MRED as distributed by MLS GRID #12030878 Report a problem | ||
| 4/23/2011 | Listing removed | $83,835 |
Source: Great Street Properties, Inc. #07697930 Report a problem | ||
| 4/1/2011 | Price change | $83,835-10% |
Source: Great Street Properties, Inc. #07697930 Report a problem | ||
| 3/27/2011 | Price change | $93,150-10% |
Source: Great Street Properties, Inc. #07697930 Report a problem | ||
| 2/6/2011 | Price change | $103,500-10% |
Source: Great Street Properties, Inc. #07697930 Report a problem | ||
| 12/18/2010 | Listed for sale | $115,000-57.7% |
Source: isNowListed.com Report a problem | ||
| 8/15/2003 | Sold | $272,000+15.7% |
Source: Public Record Report a problem | ||
| 7/24/2002 | Sold | $235,000+327.3% |
Source: Public Record Report a problem | ||
| 4/11/2002 | Sold | $55,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $29,000 +31.8% |
| 2023 | $3,956 +3.2% | $21,999 |
| 2022 | $3,834 +1.8% | $21,999 |
| 2021 | $3,766 -14.6% | $21,999 -3.6% |
| 2020 | $4,409 -2.8% | $22,829 -12% |
| 2019 | $4,538 +1.7% | $25,942 |
| 2018 | $4,460 -5.3% | $25,942 +3.1% |
| 2017 | $4,709 +3.7% | $25,173 |
| 2016 | $4,542 -1.5% | $25,173 |
| 2015 | $4,613 +19.5% | $25,173 +21% |
| 2014 | $3,861 +2% | $20,810 |
| 2013 | $3,785 +1.4% | $20,810 |
| 2012 | $3,734 -10.2% | $20,810 -18.9% |
| 2011 | $4,158 -0.4% | $25,658 |
| 2010 | $4,175 +4.4% | $25,658 |
| 2009 | $4,001 -7.7% | $25,658 -15.1% |
| 2008 | $4,335 +1% | $30,217 |
| 2007 | $4,292 -1.1% | $30,217 |
| 2006 | $4,338 +135.4% | $30,217 +167.9% |
| 2005 | $1,843 +1% | $11,280 |
| 2004 | $1,825 +2.2% | $11,280 |
| 2003 | $1,785 +54.5% | $11,280 +75.4% |
| 2002 | $1,156 +3.7% | $6,432 |
| 2001 | $1,114 +310% | $6,432 |
| 2000 | $272 | $6,432 +130.8% |
| 1999 | -- | $2,787 |
Find assessor info on the county website
Neighborhood: Lawndale
Nearby schools
GreatSchools rating
- 5/10Jensen Elementary Scholastic AcademyGrades: PK-8Distance: 0.4 mi
- NAManley Career Academy High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Jensen Elementary School Olastic
- Middle: Jensen Elementary School Olastic
- High: Manley Career Academy High Schoo
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$517,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$517,600
- Illinois
- Cook County
- Chicago
- 60612
- Lawndale
- 2716 W Lexington St
Nearby cities
Nearby neighborhoods
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