3655 W Lexington Street
Chicago, IL 60624

Sold

Sold for $550,000 on Feb 18, 2025

Description

Fantastic propertie 6 apts + 1 Garden Unit. Remodeled in 2012- new electrical, plumbing, bathrooms, kitchen renovations, etc. Easy access to the city from I-290. Minutes from downtown.

Features

• Property Type: Commercial
• Sub Type: Multi Family 5+
• Listing Status: Closed
• Listing Price: $550,000
• County/Area: Cook County
• Zip Code: 60624
• Year Built: 1927
• Stories: 3
• Units: 7 units
• Approximate Age: Older
• Built Before 1978 (Y/N): Yes
• Cooling: Window Unit(s)
• Directions: I-290 exit on Independence Blvd. turn left, left on Polk St, left on Central Park Ave, left on Lexington St.
• Electric Expense: 1828
• Gross Income: 101760
• Gross Rent Multiplier: 5.41
• Gross Scheduled Income: 101760
• Heat/Ventilation: Forced Air
• Information: 48-Hr Notice Required
• Insurance Expense: 3546
• Main Type: Commercial Sale
• Maintenance Expense: 4200
• Operating Expense: 29486
• Tax Annual Amount: 15410.21
• Tax Year: 2023
• Total Annual Expense Source: Actual
• Total Monthly Income: 8480
• Township: West Chicago
• Trash Expense: 1860
• Type Multi-Family: Corridor-Interior Entrance
• Water Sewer Expense: 2642