3704 West Lexington, Chicago IL 60624
$609,000

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Property Description

Exceptional investment opportunity! Legal 3-unit building offering strong, stable income potential. Built in 2008, this newer construction all-brick property combines durability, low maintenance, and modern design throughout. Each unit features an open-concept layout with hardwood floors, 3 spacious bedrooms, and 2 full bathrooms, along with in-unit laundry and private entrances-no shared common areas, providing added privacy and strong tenant appeal. The top-floor unit stands out with soaring ceilings and a beautiful open staircase. Two units are currently occupied by long-term tenants, ensuring immediate and consistent cash flow. The third unit was previously rented for $1,850/month, offering excellent income potential. Additional revenue is generated from on-site parking. Ideally located in a highly desirable area with convenient access to downtown Chicago, public transportation, shopping, and dining. Turnkey investment-perfect for both seasoned investors and owner-occupants!

Features & Information

Key Details

  • List Price $609,000
  • Property Taxes $6,979.35
  • Price/ Sq. Ft. Unavailable
  • Year Built 2008
  • Parking Type Space/s
  • Status New

Rooms

  • Total Rooms 15
  • Basement N

Exterior Features

  • Parking

  • Parking Details Space/s
  • # of Cars:  3

Building Information

  • Number of Units 3
  • Age of Building 16-20 Years
  • Exterior Construction Brick
  • Foundation Concrete
  • Heating & Cooling Gas, Forced Air
  • Units

  • Unit 1 Stove, Refrigerator, Washer, Dryer, Central Air Conditioner, Range Hood
  • Unit 2 Stove, Refrigerator, Washer, Dryer, Central Air Conditioner, Range Hood
  • Unit 3 Stove, Refrigerator, Washer, Dryer, Central Air Conditioner, Range Hood, Cathedral Ceilings, Skylights/Windows

Location

  • County Cook
  • Township West Chicago
  • Corporate Limits Chicago
  • Directions to Property South Homan Ave, West On Lexington St To 3704
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 6979.35
  • Tax Year 2024
  • Tax Exemptions None
  • Parcel Identification Number 16143070420000

Utilities

  • Sewer Sewer-Publ

Listed by: RE/MAX 10 | Phone: 708.857.1500
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 4/7/2026 4:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Homan Square

A neighborhood which first came to prominence as a refuge from the Great Chicago Fire, only to be nearly destroyed by arson a century later, Homan Square proudly stands today as one of the city's prime examples of urban renewal and revitalization. New commercial and residential development, coupled with strong support from the city and private investors, has made Homan Square a thriving community with a shopping, dining and entertainment scene. The modern homes, green commons and planned layout of the neighborhood provide a pleasant and spacious backdrop that is rather rare in Chicago. Homan Square incorporates curving drives and mini-subdivisions – a nice change to the city's conventional grid-like block arrangement. A public community center is the icing on the cake for Homan Square residents. The campus offers family, health, recreation and education services in a beautiful indoor facility that even boasts an Olympic-size swimming pool and state-of-the-art exercise equipment.

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