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3704 W Lexington St
Multi-Family
New
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$609,000

3704 W Lexington St, Chicago

48% below median
9 bd·6 ba·0 sqft
Built 2008East Garfield Park

3704 W Lexington St, Chicago, IL

9 bd · 6 ba · 0 sqft Multi-Family listed at $609,000, built in 2008 in the East Garfield Park neighborhood.

About this home

Exceptional investment opportunity! Legal 3-unit building offering strong, stable income potential. Built in 2008, this newer construction all-brick property combines durability, low maintenance, and modern design throughout. Each unit features an open-concept layout with hardwood floors, 3 spacious bedrooms, and 2 full bathrooms, along with in-unit laundry and private entrances-no shared common areas, providing added privacy and strong tenant appeal. The top-floor unit stands out with soaring ceilings and a beautiful open staircase. Two units are currently occupied by long-term tenants, ensuring immediate and consistent cash flow. The third unit was previously rented for $1,850/month, offering excellent income potential. Additional revenue is generated from on-site parking. Ideally located in a highly desirable area with convenient access to downtown Chicago, public transportation, shopping, and dining. Turnkey investment-perfect for both seasoned investors and owner-occupants!

Property details

Price
$609,000
Bedrooms
9
Bathrooms
6
Year built
2008
Type
Multi-Family
Days on market
24
Est. property tax
$12,667/yr · $1,056/mo · 2.08% IL avg
Last sold
$300,000 · Mar 2022

Estimated monthly payment

Down payment20% ($121,800)
Interest rate6.75%
Principal & Interest$3,160
Property Tax$558
Insurance$150
Total$3,868/mo

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Price history

▼ 3.1%Most recent change on 2026-04-26: $609,000 → $589,900.

$640K$455K$269K$300K on Mar 22 (Sold)$609K on Apr 26 (Initial list)$590K on Apr 26 (Price change)
$300K · Mar 22$590K · Apr 26
  1. Apr 26, 2026$589,900Price change
  2. Apr 1, 2026$609,000Initial list price
  3. Mar 22, 2022$300,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Location

Map of 3704 W Lexington St, Chicago
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Home Intelligence

Neighborhood (zip 60624)

This neighborhood is primarily renter-occupied (28% owner-occupied). Median age is 34.8; 8% hold a bachelor's degree; median household income is $31,768.

Median income
$31,768
Median age
34.8
Owner-occupied
27.9%
Bachelor's degree
8.0%
Census median home value
$223,700

Source: US Census Bureau American Community Survey 5-year estimates.

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