Three-Unit Apartment
For Sale
Contact for pricing
3255 Lexington, Chicago, IL 60624
Three condo-quality apartments are fully leased, each offering three bedrooms, two baths, and private outdoor space.
Property Size3,791 SF
Days on Market133
Property Features for 3255 Lexington
General Information
Standard status
Active
Size
3,791 SF
Total Parking Spaces
2
Property subtype
Multifamily
Occupancy
100%
Additional Details
Cap Rate
9.4%
Multifamily Units
3
Amenities
private outdoor space
Building Details
Year Built
2007
Tenancy
Multi
Listing Agency:
Millennium Properties R/E
(312) 338-3000
Listed By:
Brad Thompson · License #IL 471013662
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 3:47PM
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 Millennium Properties R/E
Investment Insights
Based on property information with market context.
This 3,791 square foot apartment building is divided into three condo-quality units. Each apartment features three bedrooms, two bathrooms, and a private outdoor space. The building was developed in 2007 and all units are currently leased.
A paved parking area for two cars is located at the rear of the site.
The property’s three-unit configuration and in-place leasing support straightforward income-oriented ownership while maintaining a consistent unit layout across the building.
A paved parking area for two cars is located at the rear of the site.
The property’s three-unit configuration and in-place leasing support straightforward income-oriented ownership while maintaining a consistent unit layout across the building.
Key Highlights
- 3,791 SF apartment building with three condo‑quality apartments
- All three units are currently leased
- Each unit offers 3 bedrooms and 2 bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
839
Businesses Nearby
Explore this area
Business Placement
Demographics for 60624, IL
37,547
Population
16,250
Households
2.3
Avg Household Size
34
Median Age
13%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
10,728
Density / Sq Mi
$32,607
Median Household Income
$30,924
Median Earnings
$1,152
Median Rent
$223,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three condo-quality apartments are fully leased, each offering three bedrooms, two baths, and private outdoor space.
Where is this triplex located?
The property is located at 3255 Lexington Chicago, IL.
What are key features of this property?
This property features: 3,791 SF apartment building with three condo‑quality apartments; All three units are currently leased; Each unit offers 3 bedrooms and 2 bathrooms
