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Listing provided courtesy of Charles Rutenberg Realty of ILMREDas Distributed by MLSGrid- MLS# 12558606MLS Provider

3100 W Lexington StreetChicago, IL 60612

Commercial · 12 Beds
$1,115,000 Active

3100 W Lexington Street Overview

Time on Site:
149 days
Visits:
2

7 Building units gut rehabbed to the highest quality. Newer appliances, granite counters, hardwood floors, tenantn paid heat & electricity. Most baths include walk in showers artfully tiled. First floor laundry room with coin machines available for tenant use. Heavy iron gate protects building on two sides. Corner location allows for easy street parking on Albany. Excellent location minutes from I290, blue line . 7 min drive east to UIC Campus. Fully leased units. Imminently rentable. This property is a rare opportunity to purchase quality rental units at the amazing cap rate of 6.4 . Don't miss this one!!

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3100 W Lexington Street Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 750
  • Electric Expense: 500
  • Fuel Expense: 2000
  • Gross Income: 120888
  • Gross Scheduled Income: 120888
  • Insurance Expense: 11824
  • Maintenance Expense: 6000
  • Net Operating Income: 71212
  • Operating Expense: 49676
  • Trash Expense: 200
  • Water Sewer Expense: 2300

Building Information

  • Year Built: 1905

Business Information

  • Current Use: Multi-Family

Location/Region

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

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Electricity, Heat

Tax Information

  • Tax Annual Amount: $16,455.00
  • Tax Year: 2024

General Information

  • Parcel Number: 16133040420000
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

General Information

  • Basement: Finished
  • Cooling: Central Individual
  • Electric: Circuit Breakers, Service - 0 to 100 Amps
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 25x156
  • Water Source: Municipal Water

General Information

  • Number Of Units Total: 7
  • Sewer: Storm Sewer
  • Utilities: Sewer Connected,Water Available

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 3

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 3

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 3
  • Baths Total: 2
  • Units Total: 3

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 4
  • Baths Total: 1
  • Units Total: 4

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 0
  • Units Total: 0

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 0
  • Units Total: 0

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

3100 W Lexington Street Neighborhood

Community

60612 (Chicago) Demographics

34
Median Age
8,600
Population Density (per sq. mile)
45%
College Educated
$44,538
Estimated Median Income
3,770
Estimated Total Home Owners
9,430
Estimated Total Renters
29% / 71%
Estimated Owner / Renter Divide
2
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.

3100 W Lexington Street Monthly Cost

$
$ %
%
$
$
Randall Fowlkes
* 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.

3100 W Lexington Street Market Data

Based on the last 30 days in this zip code

$595,193
Average List Price
$390
Average Price per Square Foot
18
Properties Sold
93
Average Days on Market
77
Properties for Sale
Calculations provided by Reliance Network

3100 W Lexington Street History

Date Event Value Agent
6/13/2026Source: MRED Status Change
Active
6/8/2026Source: MRED Price Reduction
$1,115,000 -5.4%
6/8/2026Source: MRED Status Change
Price Change
5/23/2026Source: MRED Status Change
Active
5/18/2026Source: MRED Price Reduction
$1,179,000 -0.4%
5/18/2026Source: MRED Status Change
Price Change
4/15/2026Source: MRED Status Change
Active
4/10/2026Source: MRED Price Reduction
$1,184,000 -0.4%
4/10/2026Source: MRED Status Change
Price Change
2/5/2026Source: MRED Status Change
Active
1/31/2026Source: MRED Price Increase
$1,189,000 900.0%
1/31/2026Source: MRED Status Change
Price Change
1/31/2026Source: MRED Added to Database
January 31, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022
6/20/2022Source: MRED Added to Database
January 27, 2022