Exceptional investment opportunity! Legal 3-unit building offering strong, stable income potential. Built in 2008, this newer construction all-brick property combines durability, low maintenance, and modern design throughout. Each unit features an open-concept layout with hardwood floors, 3 spacious bedrooms, and 2 full bathrooms, along with in-unit laundry and private entrances-no shared common areas, providing added privacy and strong tenant appeal. The top-floor unit stands out with soaring ceilings and a beautiful open staircase. Two units are currently occupied by long-term tenants, ensuring immediate and consistent cash flow. The third unit was previously rented for $1,850/month, offering excellent income potential. Additional revenue is generated from on-site parking. Ideally located in a highly desirable area with convenient access to downtown Chicago, public transportation, shopping, and dining. Turnkey investment-perfect for both seasoned investors and owner-occupants!
Contingent
Price cut: $14.9K (6/1)
$575,000
3704 W Lexington St, Chicago, IL 60624
9beds
--sqft
Multi Family
Built in 2008
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Modern design throughoutSoaring ceilingsPrivate entrancesNewer construction all-brick propertyIn-unit laundryOpen-concept layoutBeautiful open staircase
- 102 days |
- 183 |
- 21 |
Zillow last checked:
Listing updated:
Listed by:
Anna Krzemien 708-557-1440,
RE/MAX 10
Source: MRED as distributed by MLS GRID,MLS#: 12605918
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Natural Gas, Forced Air
Features
- Basement: None
Property
Parking
- Total spaces: 3
- Parking features: Off Alley, Yes, Owned
Features
- Patio & porch: Deck
- Fencing: Fenced
Lot
- Size: 6,150 Square Feet
Details
- Parcel number: 16143070420000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 2008
Details
- Builder model: 3 flat
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
Community
- Features: Sidewalks, Street Lights
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $92,880
- Annual tax amount: $6,979
- Date on market: 4/1/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,471/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Contingent | $575,000 |
Source:  MRED as distributed by MLS GRID #12605918 Report a problem | ||
| 6/1/2026 | Price change | $575,000-2.5% |
Source: MRED as distributed by MLS GRID #12605918 Report a problem | ||
| 4/26/2026 | Price change | $589,900-3.1% |
Source: MRED as distributed by MLS GRID #12605918 Report a problem | ||
| 4/1/2026 | Listed for sale | $609,000 |
Source: MRED as distributed by MLS GRID #12605918 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2016 | $1,860 +3.8% | $9,288 -5% |
| 2015 | $1,792 -54.4% | $9,777 -53.8% |
| 2014 | $3,927 +2% | $21,165 |
| 2013 | $3,849 -18.9% | $21,165 -20% |
| 2012 | $4,747 +589.5% | $26,456 +522.6% |
| 2011 | $689 -0.4% | $4,249 |
| 2010 | $691 | $4,249 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Homan Square
Nearby schools
GreatSchools rating
- 3/10Gregory Math & Sci Elementary AcademyGrades: PK-8Distance: 0.1 mi
- NAManley Career Academy High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- 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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A local agent can set up tours, give advice and negotiate with sellers.
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- Illinois
- Cook County
- Chicago
- 60624
- Homan Square
- 3704 W Lexington St
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