Unlock the potential of this income-generating, multi-unit property in Chicago's East Garfield Park, ideally located near key developments and cultural hubs. Each of the three units is move-in ready, featuring three bedrooms and two bathrooms, with a primary suite enhancing the living experience. Maintained meticulously and boasting on-site parking for two vehicles along with a modest communal outdoor space, this property offers both convenience and quality. Situated close to the Illinois Medical District, Little Italy, and Roosevelt Square, and near major projects like the $7 Billion United Center Development project "The 1901 Project", Cinespace Studios Chicago, and the Chicago Fire Endeavor Health Performance Center, the location couldn't be better. Residents also enjoy quick access to the Eisenhower Expressway (I-290) and local recreation at Lions for Hope Sports Complex and Altgeld Park. This property represents a prime opportunity for investors seeking a ready-to-perform asset in a neighborhood poised for growth. Don't miss out on the chance to capitalize on this well-positioned, attractive investment.
Closed
$607,500
2724 W Lexington St, Chicago, IL 60612
9beds
--sqft
Multi Family
Built in 1890
-- sqft lot
$648,000 Zestimate®
$--/sqft
$2,210 Estimated rent
Home value
$648,000
$577,000 - $726,000
$2,210/mo
Zestimate® history
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$4,272/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listing courtesy of:
Gonzalo Del Rio 312-242-1000,
Dream Town Real Estate
Bought with:
Juan Villarreal
RE/MAX Partners
Source: MRED as distributed by MLS GRID,MLS#: 12307272
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Natural Gas
Features
- Basement: Finished,Daylight
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Owned
Lot
- Size: 3,049 sqft
- Dimensions: 25X125
Details
- Parcel number: 16134040330000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stone
- Foundation: Concrete Perimeter
- Roof: Flat
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: FHA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2025 | Sold | $607,500+1.3% |
Source:  MRED as distributed by MLS GRID #12307272 Report a problem | ||
| 3/25/2025 | Contingent | $600,000 |
Source: MRED as distributed by MLS GRID #12307272 Report a problem | ||
| 3/21/2025 | Listed for sale | $600,000+79.2% |
Source: MRED as distributed by MLS GRID #12307272 Report a problem | ||
| 12/10/2018 | Listing removed | $334,900 |
Source: Coldwell Banker Residential #10065610 Report a problem | ||
| 12/10/2018 | Listed for sale | $334,900-1.6% |
Source: Coldwell Banker Residential #10065610 Report a problem | ||
| 12/7/2018 | Sold | $340,206+1.6% |
Source: MRED as distributed by MLS GRID #10065610 Report a problem | ||
| 11/5/2018 | Pending sale | $334,900 |
Source: Coldwell Banker Residential Brokerage - Gold Coast #10065610 Report a problem | ||
| 10/24/2018 | Price change | $334,900-3.5% |
Source: Coldwell Banker Residential Brokerage - Gold Coast #10065610 Report a problem | ||
| 10/15/2018 | Price change | $346,900-3.6% |
Source: Coldwell Banker Residential Brokerage - Gold Coast #10065610 Report a problem | ||
| 8/28/2018 | Listed for sale | $359,900+74.7% |
Source: Coldwell Banker Residential #10065610 Report a problem | ||
| 9/26/2016 | Sold | $206,000+3.5% |
Source: Public Record Report a problem | ||
| 8/15/2016 | Pending sale | $199,000 |
Source: Rising Realty LLC #09313909 Report a problem | ||
| 8/12/2016 | Listed for sale | $199,000+804.5% |
Source: Rising Realty LLC #09313909 Report a problem | ||
| 2/18/2011 | Sold | $22,000+20.9% |
Source: Public Record Report a problem | ||
| 1/1/2011 | Listed for sale | $18,200+1416.7% |
Source: foreclosure.com Report a problem | ||
| 5/23/2008 | Listing removed | $1,200 |
Source: Century 21 #06826951 Report a problem | ||
| 5/11/2008 | Price change | $1,200-14.3% |
Source: Century 21 #06826951 Report a problem | ||
| 4/21/2008 | Price change | $1,400+16.7% |
Source: Century 21 #06826951 Report a problem | ||
| 4/17/2008 | Listed for sale | $1,200-99.5% |
Source: Century 21 #06826951 Report a problem | ||
| 9/11/2006 | Sold | $232,000+45% |
Source: Public Record Report a problem | ||
| 6/19/2006 | Sold | $160,000+966.7% |
Source: Public Record Report a problem | ||
| 7/10/1996 | Sold | $15,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $30,000 +20% |
| 2023 | $4,591 +3.1% | $24,999 |
| 2022 | $4,454 +1.9% | $24,999 |
| 2021 | $4,372 -17.2% | $24,999 +5.8% |
| 2020 | $5,283 -2.4% | $23,635 -12% |
| 2019 | $5,414 +1.7% | $26,858 |
| 2018 | $5,323 -4.1% | $26,858 +4.6% |
| 2017 | $5,547 +7.8% | $25,681 |
| 2016 | $5,144 +9.3% | $25,681 |
| 2015 | $4,706 +9.6% | $25,681 +11% |
| 2014 | $4,293 +2% | $23,140 |
| 2013 | $4,209 +1.4% | $23,140 |
| 2012 | $4,152 -7.1% | $23,140 -16.1% |
| 2011 | $4,470 -0.4% | $27,585 |
| 2010 | $4,489 +4.4% | $27,585 |
| 2009 | $4,301 -9.4% | $27,585 -16.7% |
| 2008 | $4,750 +1% | $33,114 |
| 2007 | $4,703 +257.6% | $33,114 +261.5% |
| 2006 | $1,315 +193.2% | $9,161 +233.7% |
| 2005 | $449 +1% | $2,745 |
| 2004 | $444 +2.2% | $2,745 |
| 2003 | $434 -9.2% | $2,745 +3.1% |
| 2002 | $478 -57.6% | $2,663 -59.1% |
| 2001 | $1,128 +98% | $6,515 |
| 2000 | $570 -0.7% | $6,515 +119.7% |
| 1999 | $574 | $2,966 |
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
$648,000
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
$648,000
- Illinois
- Cook County
- Chicago
- 60612
- Lawndale
- 2724 W Lexington St
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