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Multifamily Property with Forced-Air Heat
For Sale
$385,000

3823 W Lexington Street, Chicago, IL 60624

The building offers natural gas, forced-air heating and a full, partially finished interior.

Property SizeContact for details
Days on Market23

Property Features for 3823 W Lexington Street

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income
Zoning MULTI

Taxes and HOA fees

Annual Taxes $6,250

Amenities

Natural Gas, Forced Air
Partially Finished, Full

Building Details

Year Built 1890
Listing Agency: Compass Real Estate
Listed By: Vasil Vulic
Source: Evrealestate
Added: Sep 15 Changed: Sep 30 Last Checked: Oct 7 at 12:40PM

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 Compass Real Estate

Investment Insights

Based on property information with market context.

This multifamily property at 3823 W Lexington Street in Chicago was built in 1890. Interior features include natural gas and forced-air heating, along with a full interior that is partially finished. The property is zoned MULTI.

Key Highlights

  • Built in 1890
  • MULTI zoning
  • Natural gas and forced‑air heating

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Dental Office Computer & Electronic Repair Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

928
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - The building offers natural gas, forced-air heating and a full, partially finished interior.
Where is this multifamily property located?
The property is located at 3823 W Lexington Street Chicago, IL.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Built in 1890; MULTI zoning; Natural gas and forced‑air heating
More about this property
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