3518 W Lexington St Chicago, IL 60624
Homan Square NeighborhoodEstimated payment $3,469/month
About This Home
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!
Listing Agent
KM Realty Group, LLC Brokerage Phone: (312) 283-0794 License #471020151 Listed on: 04/08/2026
Co-Listing Agent
KM Realty Group, LLC Brokerage Phone: (312) 283-0794 License #475201774
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,156
Year Built
- Built in 2006
Lot Details
- Lot Dimensions are 25x125
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 6 Bathrooms
Parking
- 3 Parking Spaces
- Parking Available
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 3 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,156 | $38,000 | $5,256 | $32,744 |
| 2024 | $7,156 | $38,000 | $5,256 | $32,744 |
| 2023 | $8,874 | $33,802 | $4,259 | $29,543 |
| 2022 | $8,874 | $43,000 | $4,259 | $38,741 |
| 2021 | $8,675 | $42,999 | $4,259 | $38,740 |
| 2020 | $4,622 | $20,678 | $4,259 | $16,419 |
| 2019 | $4,737 | $23,498 | $4,259 | $19,239 |
| 2018 | $4,657 | $23,498 | $4,259 | $19,239 |
| 2017 | $4,813 | $22,281 | $3,806 | $18,475 |
| 2016 | $4,861 | $24,270 | $3,806 | $20,464 |
| 2015 | $4,447 | $24,270 | $3,806 | $20,464 |
| 2014 | $3,734 | $20,127 | $3,625 | $16,502 |
| 2013 | $3,790 | $20,840 | $3,625 | $17,215 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/18/2026 05/18/26 | Price Changed | $535,000 | -4.5% | -- |
| 04/08/2026 04/08/26 | For Sale | $560,000 | -- | -- |
About the Listing Agent
Managing Broker at KM Realty Group LLC, Tammy Jackson is Chicago’s premier strategist for homeowners who want to move smarter. With over 20 years of experience, Tammy doesn’t just list homes - she dominates the local market through advanced digital visibility and high-impact marketing. If you want a responsive partner who turns your property into the most-viewed listing in the neighborhood, Tammy is the expert you call to get it sold.
Tammy's Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12613361
APN: 16144040460000
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Ask me questions while you tour the home.