3518 W Lexington Street, Chicago, IL 60624
Cook County
Key Facts
Description
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!
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
2006
Lot Dimensions
25X125
Parking Spaces
3
Ownership
Fee Simple
Days on Market
60
MLS® Listing#
12613361
Property Features
Heating
Basement
Construction
Sewer
Water Source
Financial Details
Annual Taxes
$7,156
Tax year 2023
Parcel Number
16144040460000
Directions
Keep left, heading toward Aurora / Eisenhower Expy Exit 26B, head right on the ramp for W Congress Pkwy toward Homan Ave Turn left onto S Homan Ave Turn right onto W Lexington St At the roundabout, take the 2nd exit Arrive at W Lexington St The last intersection before your destination is S Saint Louis Ave
Affordability Calculator
$107,000
Estimated monthly payment
$2,847/mo
Principal $428,000 · Est. interest $597,098 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Chicago, IL
- $387,475
- Median Listing Price
- 32
- Median Days on Market
- 1,406
- Median Sq Ft
- $283
- Median Price / Sq Ft
- 4,255
- Active Listings
- This home’s price is 38% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.
Location
Getting Around
Points of Interest in Chicago, IL
Showing the Chicago area map.
Nearby Schools
Saic at Homan Square
School · 0.2 mi away
Gregory Math & Sci Elementary Academy
Elementary · 0.3 mi away
DRW College Prep
Secondary School · 0.3 mi away
Power House High School
Secondary · 0.3 mi away
Leif Ericson Scholastic Academy
School · 0.3 mi away
Learn Charter School
Elementary · 0.4 mi away
Providence St Mel School
School · 0.5 mi away
Alain Locke Charter School
School · 0.6 mi away
Marshall Metropolitan High School
Secondary · 0.6 mi away
Lawndale Community Academy
School · 0.6 mi away
Jensen Elementary Scholastic Academy
Elementary · 0.6 mi away
Chicago Public Schools
School · 0.6 mi away
Chicago Public Schools
School · 0.6 mi away
Faraday Elementary School
Elementary · 0.6 mi away
Chicago Public Schools
School · 0.7 mi away
Webster Elementary School
Elementary · 0.7 mi away
Kellman Corporate Community Elementary
Elementary · 0.7 mi away
Altus Academy
School · 0.7 mi away
Chicago Public Schools
School · 0.7 mi away
Genevieve Melody Stem School
Elementary · 0.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 6018 S Eberhart Avenue, Chicago, IL | $374,900 | 8 | 3 | — |
| 1116 S California Avenue, Chicago, IL | $375,000 | 9 | 6 | — |
| 3309 W 38th Place, Chicago, IL | $375,000 | 8 | 3 | — |
| 1418 S Saint Louis Avenue, Chicago, IL | $379,999 | 8 | 2 | — |
| 6712 S Wabash Avenue, Chicago, IL | $384,000 | 9 | 5 | — |
| 912 W 95th Street, Chicago, IL | $386,000 | 8 | 3 | — |
Moving Cost Estimate
EXIT Agents in Chicago
Listing Courtesy: KM Realty Group, LLC - (312) 283-0794
Last Updated: 2026-04-08