Gut-Rehabbed 7-Unit
For Sale
$1,115,000
3100 W Lexington Street, Chicago, IL 60612
MULTI_FAMILY - Chicago, IL
Property SizeContact for details
Days on Market193
Property Features for 3100 W Lexington Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
40
Bathrooms
16
Full bathrooms
16
Rooms
Bedroom 7, Bathroom 4, Bathroom 3, Bedroom 34, Bedroom 28, Bedroom 27, Bathroom 8, Bedroom 17, Bedroom 2, Bedroom 4, Bedroom 25, Bathroom 15, Bedroom 20, Bedroom 9, Bathroom 14, Bedroom 6, Bedroom 24, Bedroom 30, Bathroom 6, Bedroom 5, Bedroom 23, Bathroom 9, Bedroom 32, Bedroom 10, Bedroom 3, Bedroom 33, Bedroom 35, Bathroom 13, Bathroom 1, Bathroom 10, Bedroom 14, Bedroom 29, Bedroom 21, Bathroom 11, Bedroom 38, Bedroom 12, Bedroom 16, Bedroom 19, Bathroom 12, Bedroom 11, Bedroom 15, Bedroom 31, Bedroom 1, Bedroom 26, Bathroom 2, Bedroom 18, Bathroom 7, Bedroom 13, Bedroom 37, Bedroom 39, Bathroom 16, Bedroom 36, Bedroom 40, Bathroom 5, Bedroom 8, Bedroom 22, Basement
Basement
Finished
Directions
Kedzie Ave, north or south to Harrison St. East 1 block to Albany, Albany south to Lexington (1 block)
Subdivision
CHI - East Garfield Park
Standard status
Active
APN
16133040420000
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
16455
Utilities
Utilities
Water Available
Cooling system
Central Air
Amenities
newer appliances
granite counters
hardwood floors
walk-in showers
laundry room
coin machines
heavy iron gate
Building Details
Year built
1905
Floors in Building
2
Number of units
7
Listing Agency:
Charles Rutenberg Realty of IL
(630) 929-1100
Listed By:
Marguerite Dooley · License #475142245
(630) 929-1100
Added: Jan 29
Changed: Aug 1
Last Checked: Aug 10 at 7:06AM
MLS# 12558606
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 gut-rehabbed 7-unit multifamily building was renovated to a high-quality standard and is being offered fully leased. Interior updates include newer appliances, granite counters, and hardwood floors. Bathroom finishes feature walk-in showers that are artfully tiled, and most units have dedicated bathroom layouts supporting the tenant experience.
The property includes central air and has a first-floor laundry room with coin machines available for tenant use. Tenants pay heat and electricity. A heavy iron gate protects the building on two sides, and the corner location supports easier street parking on Albany.
Built in 1905, the building is described as imminently rentable and is presented with a 6.4 cap rate. Water is available, and the location is convenient to I-290 and the blue line, with a 7-minute drive east to UIC Campus.
The property includes central air and has a first-floor laundry room with coin machines available for tenant use. Tenants pay heat and electricity. A heavy iron gate protects the building on two sides, and the corner location supports easier street parking on Albany.
Built in 1905, the building is described as imminently rentable and is presented with a 6.4 cap rate. Water is available, and the location is convenient to I-290 and the blue line, with a 7-minute drive east to UIC Campus.
Key Highlights
- Fully leased 7‑unit building gut rehabbed with newer appliances, granite counters, and hardwood floors
- Central air throughout
- Tenants pay heat and electricity
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
8,202
Businesses Nearby
Explore this area
Business Placement
Demographics for 60612, IL
34,402
Population
16,763
Households
2.1
Avg Household Size
34
Median Age
41%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
9,298
Density / Sq Mi
$60,457
Median Household Income
$46,582
Median Earnings
$1,330
Median Rent
$331,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased 7-unit multifamily with central air and in-unit upgrades, including tenant-paid heat and electricity.
Where is this apartment building located?
The property is located at 3100 W Lexington Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,115,000.
What are key features of this property?
This property features: Fully leased 7‑unit building gut rehabbed with newer appliances, granite counters, and hardwood floors; Central air throughout; Tenants pay heat and electricity
