Own a classic Chicago greystone two-flat in East Garfield Park, where new development is actively reshaping the neighborhood and values are climbing fast. Walk the block and see it for yourself. The building features iconic bay window architecture and solid masonry construction. Unit 2 offers three bedrooms, one bath, and original hardwood floors. Unit 1 offers two bedrooms, one bath, and a flexible layout. The semi-finished basement, with a living room, bedroom, full bath, half-bath, and rough plumbing for a future kitchen, is primed for a duplex-down conversion or in-law suite! Here is the upside: both units are tenant-occupied on month-to-month leases at below-market rents. Raise rents to market rate, convert the basement, or house-hack and let your tenants cover your mortgage. The path to strong returns is already paved. Roof, HVAC, and windows refreshed approximately 12 years ago. Brand-new water heater in 2025. Minutes from the Illinois Medical District, Little Italy, Garfield Park, and Cinespace Chicago Studios. The $7 billion United Center 1901 Project is just five minutes away! Easy access to I-290 and CTA Blueline. Stable income today. Massive upside tomorrow. Schedule your tour now, before the market catches up. Seller is a licensed real estate broker in the State of Illinois
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For more information about 2714 W Lexington, Chicago, IL 60612 contact Corcoran Urban Real Estate.
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