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About the Listing 16645 - 162880
Solid-as-they-come all-brick Chicago vintage row-house - built in the 1890s and still delivering. This 4 bed/2 bath single-family home is tenant-occupied at $2,200/month with a 2-car detached garage, generating $26,400 annually with no unit turnover complexity. Over 130 years of Chicago winters haven't slowed it down - newer mechanicals mean the bones are matched by the systems. Thick masonry walls, character details, and the kind of construction quality you simply can't replicate at this price point. A clean, uncomplicated cash-flow asset for the investor who knows what they're looking for. TIMING NOTE: This property is being marketed in coordination with 2442 W Fillmore St (MLS#12606245), a fully rented all-brick 3-flat with three 3bd/2 bath units listed at $825,000. Each property may be purchased independently - buyers are not required to acquire both. However, seller is requiring that closings on both properties occur within a close timeframe of one another, as this transaction is part of a 1031 exchange. Buyers should be prepared for a time-sensitive, coordinated closing schedule.
Listing Highlights
Status
Active
Days on Site
14
Property Type
Condo/Townhome
MLS ®
12605875
Year Built
1890
Total Square Footage
1,224
Lot/Acreage
18x125
County
Cook
Area
CHI - Near West Side
School District
299
Elementary School
Jensen Elementary School Olastic
High School
Manley Career Academy High Schoo
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances: Range, Microwave, Refrigerator, Washer, Dryer, CO Detectors,Ceiling Fan(s)
- Air Cond: Window Unit(s)
- Heating: Natural Gas
- Fireplaces: 1
- Floor: Hardwood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Cellar,Walk-Out Access
- Other: Cats OK,Dogs OK
- Water: Lake Michigan
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 2
- Lot Dimensions: 18x125
- Roof: Rubber
- Others:
- Sewer: Public Sewer
- Parking Features: Off Alley,Garage Door Opener,Yes,Garage Owned,Detached,Garage
Financial Details
- Tax Amount: $3,649
- Taxes w/Assessments: N/A
- Tax/Property ID: 16134070380000
- Tax Year: 2023
Payment Calculator
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Questions About..
2440 W Lexington St Chicago, IL 60612
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