Sold for $850,000 on 12/06/21
Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
— |
— |
1905 |
— |
0 |
$3,560 |
1384 days |
Six of the seven units in this building have been gut renovated to the highest quality in the area. The seventh unit is down, however, no income from the unit is represented in the underwriting. Once the seventh unit is rent ready, the CAP Rate jumps to just under 10%. All six rent ready units are leased with a waiting list. This building screams cash flow with no deferred maintenance.
Listing courtesy of Marcus & Millichap Chicago Apartment Brokers
3100 W Lexington St. is a multi-unit home built in 1905, and is located in Chicago, IL, in the Garfield Park neighborhood. It has 0 bedrooms and — bathrooms, and has annual property taxes of $3,560.
Marco Amidei
(888) 32-Marco (847) 630-4886
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2025 Midwest Real Estate Data LLC. All rights reserved.