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$385,000
Monthly Est:$1,916
7 Beds
3 Baths
--sqft
3823 W Lexington St, Chicago, IL 60624
$385,000
$1,916/moEst:
Get Pre-Approved
Multi Family
Built in 1890
$-- HOA
3,049.2 sqft lot
--/sqft
Description
Welcome to 3823 W Lexington St, a brick and limestone 2-flat offering an excellent opportunity for an investor or owner-occupant looking to build long-term rental income. Situated on a standard 25' x 125' Chicago lot, this multifamily property offers two residential units, additional lower-level space, and two rear parking spaces. The property provides an opportunity to generate income from multiple living spaces while offering investors the potential to increase cash flow over time through continued rental growth and improvements. The building has benefited from prior renovations, including updated windows, and features a newer furnace installed in 2022. The property currently offers an attractive combination of established rental income and future upside. The lower-level garden unit provides additional potential for a buyer interested in exploring future legalization and expansion of the property's income-producing capacity. Buyer to independently verify the legality, permitted use, and requirements associated with the lower-level space. Located in West Garfield Park, the property is positioned in an area that provides an accessible entry point for investors seeking a multifamily asset with room for long-term growth. With its multi-unit configuration, existing rental income, rear parking, and potential for additional income, 3823 W Lexington presents an opportunity for an investor looking beyond traditional single-family properties.
- Houzeo last checked: 0 minutes ago
- Listing updated: October 26, 2026 at 5:40 pm
- Listing Provided by: Vasil Vulic (847) 510-8133 , Shaun Moskalik DRE #475138676 | Compass (312) 733-7201
- Source: MRED MLS-IL as distributed by MLS GRID | MLS#: 12759313
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1890
HOA Fees
-
Finished Area
- sqft
Lot Size
3,049.2 sqft lot
Basement Area
- sqft
MLS Name
MRED MLS
MLS Number
12759313
MLS Status
Re-activated
Days on Market
45
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 3
Interior
Sewer
Public Sewer
Heating
Gas, Forced Air
Construction
Year Built
Year Built: 1890
Home type
Multi Family
Construction Materials
Brick, Stone, Limestone
Utilities & Energy
Parking Features
Off Alley, Yes, Owned
Basement
Partially Finished, Full
Water Source
Lake Michigan, Public
Price History
| Date | Event | Price |
|---|---|---|
10/26/2026 Source: | Listed for Sale | $385,000 $0/sqft |
10/14/2026 Source: | Pending | $385,000 +28.76% $0/sqft |
06/04/2023 Source: | Price Decreased | $299,000 -0.30% $0/sqft |
06/04/2023 Source: | Price Increased | $299,900 +257.02% $0/sqft |
02/12/2021 Source: | Price Decreased | $84,000 -3.45% $0/sqft |
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West Garfield Park Ranks #171 in Chicago, IL
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This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 31, 2026, 08:45PM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market. Based on information submitted to the MLS GRID as of Oct 31, 2026, 08:45PM. All data is obtained from various sources and has not been, and will not be, verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS, Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved
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