7-Unit Gut-Rehabilitated Apartment
3100 W Lexington Street, Chicago, IL 60612
For Sale
$1,115,000
Commercial Sale, Chicago, IL
Property SizeContact for details
Days on Market286
Property Features for 3100 W Lexington Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Basement
Directions
Subdivision
Standard status
APN
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Cooling system
Amenities
laundry room
iron gate
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
Charles Rutenberg Realty of IL
Listed By:
Marguerite Dooley · License IL #475142245
(630) 929-1100
Added: Jan 29
Changed: Oct 24
Last Checked: Nov 10 at 6:06PM
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.
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Investment Insights
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This 7-unit apartment property was gut rehabilitated with updated appliances, granite countertops, hardwood flooring, and tiled bathrooms, including walk-in showers in most units. Central air serves the building, and a first-floor laundry room provides coin-operated machines for residents. Tenants pay heat and electricity. A heavy iron gate secures two sides of the corner property, while available street parking is located along Albany. Built in 1905 and zoned MULTI, the property also includes water availability and a basement. The units are fully leased, with a reported 6.4 cap rate. The property is minutes from I-290 and the Blue Line, with UIC Campus approximately a 7-minute drive east.
Key Highlights
- 7 apartment units, fully leased
- Gut rehabilitation with newer appliances, granite counters, hardwood floors, and updated bathrooms
- 6.4 cap rate
Property Analytics
Who owns this building?
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Lease Details
7
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
896
Businesses Nearby
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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
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Market
Properties on Market for Apartment buildings in Chicago
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased multifamily property with updated interiors, central air, tenant-paid utilities, and shared laundry facilities.
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: 7 apartment units, fully leased; Gut rehabilitation with newer appliances, granite counters, hardwood floors, and updated bathrooms; 6.4 cap rate
