3636 W Lexington St., Chicago, IL 60624

3636 W Lexington St., Chicago, IL 60624
Photo 1 of 1
$369,000
Sold on 1/12/21
Beds Baths Sq. Ft. Taxes Built
9 0.00 0 $2,458.61 1898
On the market: 70 days
View full details, 15 photos, school info, and price history
Live in one unit and rent out the others to live for free in one of the hottest neighborhoods in Chicagoland, East Garfield Park! This is also a smart purchase for cashflow investors as this opportunity boasts a potential 13% cap rate! This Greystone 2-flat is huge and includes a bonus garden apartment with high ceilings! This building has been fully renovated and features a 4-bedroom unit on the top floor, a 3-bedroom unit on the main level and a 2-bedroom garden apartment! The 4-bedroom unit can rent for up to $1,700 per month, the 3-bedroom can rent for up to $1,350 per month and the 2-bedroom garden apartment can rent for up to $1,150 per month - that's $4,200 per month and $50,400 per year in rental revenue! New electrical! New plumbing! New mechanicals! Washer and dyer hookup in each unit! Hardwood floors! New bathrooms! New kitchens with granite counter tops and stainless-steel appliances! Seller is offering a $10,000 closing credit to the new buyer! Please act swiftly as this opportunity will not last long!
Listing courtesy of Michael Applegate, Straight-A Realty, LLC