2440 W Lexington ST, Chicago, IL 60612
2440 W Lexington ST, Chicago, IL 60612
2440 W Lexington ST, Chicago, IL 60612
2440 W Lexington ST, Chicago, IL 60612
2440 W Lexington ST, Chicago, IL 60612
2440 W Lexington ST, Chicago, IL 60612
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$ 295,000
Est. payment | /mo

4 Beds

2 Baths

1,224 SqFt


Save
$ 295,000
Est. payment | /mo
Save

4 Beds

2 Baths

1,224 SqFt

Key Details

Property Type Townhouse

Sub Type Townhouse-2 Story

Listing Status Active

Purchase Type For Sale

Square Footage 1,224 sqft

Price per Sqft $241

MLS Listing ID 12605875

Bedrooms 4

Full Baths 2

Year Built 1890

Annual Tax Amount $3,649

Tax Year 2023

Lot Dimensions 18x125

Property Sub-Type Townhouse-2 Story

Property Description

Solid-as-they-come all-brick Chicago vintage row-house - built in the 1890s and still delivering. This 4 bed/2 bath single-family home is tenant-occupied at $2,200/month with a 2-car detached garage, generating $26,400 annually with no unit turnover complexity. Over 130 years of Chicago winters haven't slowed it down - newer mechanicals mean the bones are matched by the systems. Thick masonry walls, character details, and the kind of construction quality you simply can't replicate at this price point. A clean, uncomplicated cash-flow asset for the investor who knows what they're looking for. TIMING NOTE: This property is being marketed in coordination with 2442 W Fillmore St (MLS#12606245), a fully rented all-brick 3-flat with three 3bd/2 bath units listed at $825,000. Each property may be purchased independently - buyers are not required to acquire both. However, seller is requiring that closings on both properties occur within a close timeframe of one another, as this transaction is part of a 1031 exchange. Buyers should be prepared for a time-sensitive, coordinated closing schedule.

Location

State IL

County Cook

Area Chi - Near West Side

Rooms

Basement Unfinished, Cellar, Walk-Out Access

Interior

Heating Natural Gas

Cooling Window Unit(s)

Flooring Hardwood

Fireplaces Number 1

Equipment CO Detectors, Ceiling Fan(s)

Fireplace Y

Appliance Range, Microwave, Refrigerator, Washer, Dryer

Exterior

Garage Spaces 2.0

Roof Type Rubber

Building

Dwelling Type Attached Single

Building Description Brick, No

Story 2

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

Elementary Schools Jensen Elementary School Olastic

High Schools Manley Career Academy High Schoo

School District 299 , 299, 299

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None

Pets Allowed Cats OK, Dogs OK

Midwest Real Estate Data (MRED) IDX
Listed by Colleen Berg of  Berg Properties 

Map: Nearby Listings, Schools...

2440 W Lexington ST