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1435 W Lexington Street

Chicago, IL 60607
  • $1,525,000
  • STATUS: Active Under Contract
  • ON SITE: 20 Days
  • MLS #: 12209525
Under Contract
UPDATED: 71 min ago
$1,525,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1901
County:
Area:

School Ratings & Info

Description

Welcome to 1435 W Lexington St, an oversized 6 unit all brick building in the heart of Little Italy! RARELY available, this meticulously maintained building has undergone significant updates including complete tuckpointing, updated plumbing / electrical, new windows with aluminum wrap on the front, newer central heating systems / furnaces, updated kitchens and bathrooms, re-faced chimneys, caulked / seal-coated roof, and paint throughout just to highlight a short list! The common areas are in impeccable condition, with the patio and balconies recently brushed down to the base concrete / wood and repainted. Each updated unit exudes charm, featuring hardwood floors, abundant natural light from numerous windows, soaring 9-foot ceilings, crown molding, spacious kitchens, AC units, ceiling fans, and storage. Rear residents can enjoy their own balconies with sitting area and the whole building has the convenience of an on-site full laundry room, with ample street parking available, and the potential for the future owner to build out a rooftop deck with downtown skyline views. Situated on a picturesque, tree-lined street with MILLION dollar homes, this prime location is within walking distance Taylor St, Rush Medical, UIC, an array of restaurants / bars that Little Italy offers, and the beautiful Arrigo Park. Just moments away from the Blue / Pink Lines, CTA Bus, 290, 90/94, The Loop, and everything else the city offers! Don't miss out on this incredible investment opportunity that offers a great return, it will not last! Make it yours today!

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-04T13:06:50.97 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1435 W Lexington Street Chicago, IL 60607

  • Price: $1,525,000
  • Status: Active Under Contract
  • On Site: 20 Days
  • Updated: 71 min ago
  • MLS #: 12209525
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1901
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Welcome to 1435 W Lexington St, an oversized 6 unit all brick building in the heart of Little Italy! RARELY available, this meticulously maintained building has undergone significant updates including complete tuckpointing, updated plumbing / electrical, new windows with aluminum wrap on the front, newer central heating systems / furnaces, updated kitchens and bathrooms, re-faced chimneys, caulked / seal-coated roof, and paint throughout just to highlight a short list! The common areas are in impeccable condition, with the patio and balconies recently brushed down to the base concrete / wood and repainted. Each updated unit exudes charm, featuring hardwood floors, abundant natural light from numerous windows, soaring 9-foot ceilings, crown molding, spacious kitchens, AC units, ceiling fans, and storage. Rear residents can enjoy their own balconies with sitting area and the whole building has the convenience of an on-site full laundry room, with ample street parking available, and the potential for the future owner to build out a rooftop deck with downtown skyline views. Situated on a picturesque, tree-lined street with MILLION dollar homes, this prime location is within walking distance Taylor St, Rush Medical, UIC, an array of restaurants / bars that Little Italy offers, and the beautiful Arrigo Park. Just moments away from the Blue / Pink Lines, CTA Bus, 290, 90/94, The Loop, and everything else the city offers! Don't miss out on this incredible investment opportunity that offers a great return, it will not last! Make it yours today!
Exterior Features

Exterior Building Type Brick Frontage Type City Street Land Amenities Sidewalks

Interior Features

Cooling Window Unit(s) Heat Ventilation Forced AirGasIndividual Furnaces Number Of Dryers 2 Number Of Washers 2

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 4908 Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Current Use Multi-Family Gross Income 136800 Gross Scheduled Income 136800 Insurance Expense 4306 Maintenance Expense 0 Mls Actual Status Contingent Net Operating Income 100729 Operating Expense 28579 Ownership Types Limited Liability Corp Tax Annual Amount 19689 Tax Year 2023 Tenant Pays ElectricityHeat Total Monthly Income 11400 Township West Chicago Type Multi Family 5+ Zoning MULTI

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Compass: 773-482-1917.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-04T13:06:50.97 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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