Listing provided courtesy of KM Realty Group, LLCMREDas Distributed by MLSGrid- MLS# 12613361MLS Provider

3518 W Lexington StreetChicago, IL 60624

Multi-Family · 9 Beds
$535,000 Active

3518 W Lexington Street Overview

Time on Site:
82 days
Visits:
0

Located on the west side of Chicago, 3518 W Lexington presents a strong investment opportunity in a classic multi-family building. This property features three spacious units, each offering 3 bedrooms and 2 bathrooms-an ideal layout for attracting long-term tenants and maximizing rental income. Each unit provides generous living space and functional floor plans designed for comfortable living. With its size and configuration, the property is well-suited for both seasoned investors and those looking to expand their portfolio. The property is being sold AS IS, offering a great opportunity for buyers to add value through updates and improvements. With the right vision, this building has excellent potential for increased cash flow and long-term appreciation. Conveniently located near public transportation, schools, and neighborhood amenities, 3518 W Lexington is positioned for strong rental demand. Don't miss this chance to invest in a high-potential multi-unit property in a growing area!

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3518 W Lexington Street Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 2006

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - East Garfield Park
  • Township: West Chicago

Tax Information

  • Tax Annual Amount: $7,156.00
  • Tax Year: 2023

General Information

  • Ownership: Fee Simple
  • Parcel Number: 16144040460000
  • Property Type: Residential Income
  • Special Listing Conditions: None

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 6
  • Bedrooms Total: 9
  • Bedrooms Possible: 9
  • Full Baths Building: 6

General Information

  • Basement: None
  • Heating: Natural Gas
  • Rooms Total: 15

Exterior

Parking Information

  • Parking Features: Yes
  • Parking Total: 3

Lot Information

  • Lot Size Dimensions: 25X125
  • Water Source: Lake Michigan, Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 1575
  • Beds Total: 3
  • Baths Total: 2

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 0
  • Beds Total: 3
  • Baths Total: 2

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 1575
  • Beds Total: 3
  • Baths Total: 2

3518 W Lexington Street Neighborhood

Community

60624 (Chicago) Demographics

34
Median Age
9,901
Population Density (per sq. mile)
17%
College Educated
$25,648
Estimated Median Income
3,326
Estimated Total Home Owners
9,168
Estimated Total Renters
27% / 73%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3518 W Lexington Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3518 W Lexington Street Market Data

Based on the last 30 days in this zip code

$239,338
Average List Price
$187
Average Price per Square Foot
2
Properties Sold
70
Average Days on Market
26
Properties for Sale
Calculations provided by Reliance Network

3518 W Lexington Street History

Date Event Value Agent
5/23/2026Source: MRED Status Change
Active
5/18/2026Source: MRED Price Reduction
$535,000 -4.5%
5/18/2026Source: MRED Status Change
Price Change
4/13/2026Source: MRED Status Change
Active
4/8/2026Source: MRED Added to Database
April 08, 2026