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Six-Unit Graystone Apartment Building
For Sale
$1,199,000

1445 W Lexington Street, Chicago, IL 60607

Separate tenant lockers and shared laundry equipment are located in the unfinished basement.

Property SizeContact for details
Days on Market59

Property Features for 1445 W Lexington Street

General Information

Standard status Active
Property subtype Commercial
Zoning MULTI

Site & Location

Neighborhood Little Italy
Public Transit Yes

Units

Unit Mix 3 x 2BR front, 3 x 2BR rear
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $21,676

Amenities

storage lockers
on-site laundry

Building Details

Year Built 1898
Buildings 1
Stories 3
Units 6
Construction Graystone
Listing Agency: Coldwell Banker Realty
Listed By: John Debaz · License #475103035
Source: Crossdavidson
Added: Sep 4 Changed: Oct 26 Last Checked: Oct 29 at 7:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

Rey
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Investment Insights

Based on property information with market context.

This six-unit Graystone apartment building, constructed in 1898, has two distinct apartment layouts. Three units have living rooms, dining rooms, kitchens, and two bedrooms; the other three include a living room, kitchen, and two bedrooms. Each apartment is equipped with forced-air heating and its own hot water tank. The unfinished basement provides owner storage, individual tenant lockers, and one washer and one dryer. Repairs to the parapet walls were completed over the past several years.

The property is on W Lexington Street in Chicago’s Little Italy, near UIC, Taylor Street restaurants, Rush Medical, the Loop, and public transportation. Zoning is listed as MULTI.

Key Highlights

  • Six apartments in a Graystone building constructed in 1898
  • Three units have living rooms, dining rooms, kitchens, and 2 bedrooms each
  • Three units have a living room, kitchen, and 2 bedrooms each

Property Analytics

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Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

7,828
Businesses Nearby

Demographics for 60607, IL

31,816
Population
16,540
Households
1.9
Avg Household Size
31
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
13,833
Density / Sq Mi
$126,307
Median Household Income
$79,870
Median Earnings
$2,333
Median Rent
$494,300
Median Home Value
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Separate tenant lockers and shared laundry equipment are located in the unfinished basement.
Where is this apartment building located?
The property is located at 1445 W Lexington Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Six apartments in a Graystone building constructed in 1898; Three units have living rooms, dining rooms, kitchens, and 2 bedrooms each; Three units have a living room, kitchen, and 2 bedrooms each
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