2714 W LEXINGTON Street
Chicago, IL, 60612
$475,000
5 Beds
3 Baths
0 SqFt
0 Acres
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$475,000
2714 W LEXINGTON Street
Chicago, IL, 60612
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Investor and house-hacker alert. Don’t miss this rare opportunity to own a piece of authentic Chicago history with serious upside in the East Garfield Park neighborhood. This timeless two-flat greystone features classic bay window architecture and solid masonry construction, offering character you simply cannot replicate in new builds. Unit 2 offers three bedrooms and one bath with original wood floors and trim. Unit 1 offers two bedrooms and one bath, with a flexible layout ideal for converting the front living room into a third bedroom, or the basement section into a duplex-down. The semi-finished basement includes a bedroom, full bath, and rough plumbing for a kitchen stove, making it perfect for a duplex-down conversion or additional living space for an owner-occupant. Major systems were refreshed approximately 12 years ago, including the roof, HVAC, and windows, plus a brand-new water heater installed in 2025. Both units are currently occupied by tenants on month-to-month leases at below-market rents, providing instant cash flow today with a clear path to higher rents tomorrow. The location couldn’t be better. You will enjoy quick access to the Illinois Medical District, Roosevelt Square, Little Italy, Garfield Park, Douglass Park, Chicago Hope Academy, Altgeld Park, and Cinespace Chicago Studios. The property also sits near major developments shaping the future of the West Side, including the $7 billion United Center 1901 Project and the Chicago Fire Endeavor Health Performance Center. Easy access to I-290 and CTA transportation makes commuting effortless. Stable income, strong bones, smart location, and massive upside. The time to invest in East Garfield Park is now, before the next wave of development drives prices higher. Schedule your private tour today. Seller is a licensed real estate broker in the State of Illinois.

Property Details

Price:
$475,000
MLS #:
MRD12640598
Status:
Active
Beds:
5
Baths:
3
Type:
Multi Family
Neighborhood:
chieastgarfieldpark
Listed Date:
May 7, 2026
Year Built:
1893
GreystoneChi – East Garfield ParkChieastgarfieldparkJensen Elementary School OlasticJensen Elementary School OlasticManley Career Academy High Schoo

Schools

School District:
299
Elementary School:
Jensen Elementary School Olastic
Middle School:
Jensen Elementary School Olastic
High School:
Manley Career Academy High Schoo

Interior

Heating
Natural Gas, Steam

Exterior

Architectural Style
Greystone
Community Features
Curbs, Gated, Sidewalks, Street Lights, Street Paved
Construction Materials
Brick
Fencing
Fenced
Parking Features
Assigned, Yes, Owned
Parking Spots
2
Parking Total
2
Patio And Porch Features
Porch

Financial

Tax Year
2024
Taxes
$5,848
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of May 20, 2026
1,360
Multi Family Listed
79
Avg DOM
$515,670
Avg List Price

Community

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Property Summary

    2714 W LEXINGTON Street Chicago IL is a Multi Family for sale in Chicago, IL, 60612. It is listed for $475,000 To schedule a showing of MLS#mrd12640598 at 2714 W LEXINGTON Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
2714 W LEXINGTON Street
Chicago, IL