$695,000
$750,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
1414 W Lexington ST Chicago, IL 60607
4 Beds
4 Baths
Key Details
Sold Price $695,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11924721
Sold Date 12/18/23
Bedrooms 4
Year Built 1895
Annual Tax Amount $11,836
Tax Year 2021
Lot Dimensions 24X111
Property Description
Wonderful opportunity in the rarely available Little Italy/Tri Taylor/University Village area. This fully leased 2-flat currently brings in a very healthy, yet under-market $4400/mo - $52,800/year with rental potential to over $5500/mo - $66,000/yr. Keep as a steady rental or plan to move in at a later date. So easy to rent as both units have central air and washer and dryer in units. 2nd floor is a RARE duplex up that is 3 bed, 2 1/2 bath former OWNERS UNIT, while the 1st floor is a 1 bed, 1 bath. 2400 total s/f. 2 car garage. IN ADDITION, there's an awesome BONUS room above the garage with full electrical and a/c! Need a workshop, craft room, man-cave, music studio - THIS IS YOUR PLACE! Adjacent to the sparkling new Medical District with Rush Hospital and Stroger right around the corner. Priced to move!
Location
State IL
County Cook
Area Chi - Near West Side
Zoning MULTI
Rooms
Basement Partial
Interior
Heating Natural Gas
Fireplace N
Exterior
Exterior Feature Balcony, Patio, Workshop
Parking Features Detached
Garage Spaces 2.0
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
Elementary Schools Andrew Jackson Elementary School
High Schools Wells Community Academy Senior H
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Cynthia Figueroa • Coldwell Banker Real Estate Group