2931 W LEXINGTON Street — Chicago, IL 60612
Active
Chicago, IL 60612

2931 W LEXINGTON Street

$574,900
8 beds · 3 baths
Listed at $574,900 11 days on market $6,634/yr taxes
01About this home

This is an exceptional opportunity as an investor or owner-occupant to buy a move-in ready, income-producing all brick 3-unit property. Perfectly positioned in a rapidly growing pocket of East Garfield Park, this property is just steps from the highly anticipated United Center 1901 Project. This well-maintained building offers sharp finishes that has income producing tenants in place. Units 2 and 3 each feature spacious 3-bedroom, 1-bath layouts, while Unit 1 is a 2-bedroom, 1-bath layout. All units offer an open-concept living space that are filled with natural light. The kitchens are designed to impress with stainless steel appliances, and shaker cabinetry, creating a clean, modern culinary feel. Each unit also enjoys access to private rear decks, adding both lifestyle appeal and rental value. Designed for efficiency and ease of ownership, the property includes separate furnaces with tenants responsible for their own gas and electric, along with individual washer and dryer setups for each unit located in the shared basement. ADU or duplex down to increase cash flow as the basement offers 7'5" ceiling height and 2 egresses offering incredible upside. Outside, a dedicated parking pad accommodates up to four vehicles/ tandem. Ideally located just a short walk to the Western Blue Line Station and minutes from the Illinois Medical District, downtown, and neighborhood amenities including Pete's Fresh Market. This property checks every box! Incredibly LOW property taxes - no homeowner's exemption applied - make this an affordable, high-performing investment. Whether you're a seasoned investor or a first-time buyer, this property delivers income, long-term appreciation, and unmatched versatility. Don't miss your opportunity to own in one of Chicago's fastest-growing corridors!

02Inside the home
03By the numbers
$574,900
List price
Square feet
8
Bedrooms
3
Bathrooms
1904
Year built
Lot size
4
Garage spaces
$6,634
Annual taxes
Two to Four Units
Style
11
Days on market
04Features
Heating
Natural Gas
Parking
Off StreetOwned
Construction
Brick
Sewer
Public SewerStorm Sewer
05Neighborhood
  • Joe Willie's 0.3 mi
  • Subway 0.5 mi
  • McDonald's 0.5 mi
  • Taco Bell 0.7 mi
  • Brown Sugar Sports Bar 0.7 mi
  • The Slide Bar 0.7 mi
  • BP Shop 0.2 mi
  • Marathon 0.3 mi
  • Freshway Market 0.5 mi
  • Citgo 0.6 mi
  • Shell 0.8 mi
  • Mobil Mart 0.8 mi
  • Horan Park 0.3 mi
  • Altgeld Park 0.4 mi
  • North Playground 0.4 mi
  • Magnolia Park 0.4 mi
  • Park No. 422 0.5 mi
  • Gladys Park 0.6 mi
  • Momentum Coffee 0.7 mi
  • Green Garden Cafe 0.8 mi
  • Dunkin' 0.8 mi
  • Monday Coffee Co. 1.0 mi
  • Dunkin' 1.0 mi
  • Starbucks 1.1 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Apr 30, 2026
Listed for saleThis listing
Baird & Warner
$574,900
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

Real answers about this home — pricing, schools, what to ask, anything.

08See it for yourself

Stand in the kitchen.
See the light at 4pm.

Photos can only do so much. Pick a time — we'll meet you at the door.

Connect with Ewelina, Anna, or Nadeem — real people on our team, no call centers.
09Similar homes
Listed by Baird & Warner · Daniel DePaepe · 773-294-4250
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12629045
Talk to an agent