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About the Listing 88717 - 1011766,896444
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.
Listing Highlights
Status
Active
Days on Site
24
Property Type
Multi-Family
MLS ®
12640598
Year Built
1893
Total Square Footage
0
Lot/Acreage
25 X 125
County
Cook
School District
299
Elementary School
Jensen Elementary School Olastic
Middle School
Jensen Elementary School Olastic
High School
Manley Career Academy High Schoo
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Steam
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Partially Finished,Partial
- Other:
- Water: Lake Michigan
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 2
- Lot Dimensions: 25 X 125
- Zoning: MULTI
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Assigned,Yes,Owned
Financial Details
- Tax Amount: $5,848
- Taxes w/Assessments: N/A
- Tax/Property ID: 16134040370000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
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Questions About..
2714 W Lexington St Chicago, IL 60612
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