Greystone Two-Flat with Semi-Finished
2714 W LEXINGTON Street Chicago, IL 60612
2714 W LEXINGTON Street, Chicago, IL, 60612
$459,500
For Sale
$459,500
MULTI_FAMILY - Other - Chicago, IL
Days on Market16
Property Features for 2714 W LEXINGTON Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MULTI
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Basement, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bedroom 3
- Parking
- 2
- Parking features
- Assigned, Owned
- Patio and Porch features
- Porch
- Fencing
- Fenced
- Basement
- Partially Finished, Partial
- Standard status
- Active
- APN
- 16134040370000
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 5848
Utilities
- Sewer type
- Public Sewer
- Heating system
- Steam, Natural Gas
Building Details
- Year built
- 1893
- Building materials
- Brick
- Architectural style
- Other
Listing agency
Baird & Warner
(312) 242-1000
Listed by
Josh Reighard · License #475204886
(312) 265-8000
Added: Jul 8 Updated: Jul 14 at 1:16AM Checked: Jul 23 at 1:06AM
MLS# 12699187
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This classic Chicago greystone two-flat offers two separate units with distinctive bay window architecture and solid masonry construction. The exterior profile has been freshly updated from foundation to roof, with major improvements completed in 2026. The building includes two brand-new water heater tanks, a fully resurfaced roof, and structural reinforcements. Unit 2 features three bedrooms, one bath, and original hardwood floors. Unit 1 offers two bedrooms, one bath, and a flexible layout. Beneath the units, the semi-finished basement includes a living room, bedroom, full bath, half-bath, and rough plumbing for a future kitchen.
Located in Chicago at 2714 W Lexington Street, the property is in a MULTI-zoned area and is presented for both investors and owner-occupants. The seller describes the area as within minutes of the Illinois Medical District, Little Italy, Garfield Park Conservatory, and Cinespace Chicago Studios, with easy access to I-290 and the CTA Blue Line.
Both units are currently tenant-occupied on month-to-month leases at below-market rents, supporting day-one cash flow while allowing for potential re-tenanting and rent adjustments. The semi-finished basement’s rough plumbing may appeal to buyers looking to explore a duplex-down configuration or an in-law suite arrangement, subject to applicable requirements.
Located in Chicago at 2714 W Lexington Street, the property is in a MULTI-zoned area and is presented for both investors and owner-occupants. The seller describes the area as within minutes of the Illinois Medical District, Little Italy, Garfield Park Conservatory, and Cinespace Chicago Studios, with easy access to I-290 and the CTA Blue Line.
Both units are currently tenant-occupied on month-to-month leases at below-market rents, supporting day-one cash flow while allowing for potential re-tenanting and rent adjustments. The semi-finished basement’s rough plumbing may appeal to buyers looking to explore a duplex-down configuration or an in-law suite arrangement, subject to applicable requirements.
Key Highlights
- Chicago brick greystone two‑flat built in 1893 with bay‑window architecture
- Heating includes steam and natural gas; public sewer available
- Tenant‑occupied on month‑to‑month leases at below‑market rents
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Chicago two-flat with updated 2026 systems and month-to-month occupancy, plus a semi-finished basement with rough plumbing.
Where is this duplex located?
The property is located at 2714 W LEXINGTON Street Chicago, IL.
What is the asking price?
The asking price for this property is $459,500.
What are key features of this property?
This property features: Chicago brick greystone two‑flat built in 1893 with bay‑window architecture; Heating includes steam and natural gas; public sewer available; Tenant‑occupied on month‑to‑month leases at below‑market rents