2714 W LEXINGTON Street

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2714 W LEXINGTON Street

Chicago, IL 60612
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located in Chicago, Illinois.
  • Property situated at 2714 W Lexington Street in 60612.
  • Asset serves as a residential income property for investors.
  • Located within a dense and established urban residential market.
  • Supports consistent rental demand in the Chicago metropolitan area.

What's Special

Investors seeking to expand their residential holdings will find this multifamily apartment building at 2714 W Lexington Street a functional addition to a Chicago portfolio. Situated in a well-established urban neighborhood, the property serves as a stable asset for those focused on rental income and long-term capital preservation in the Illinois market. Chicago maintains a diverse economy with deep roots in logistics, finance, and professional services, providing a consistent demand for quality rental housing across its varied neighborhoods. The location offers proximity to regional transit networks, allowing tenants efficient access to the broader metropolitan area. This property configuration suits owner-operators or portfolio managers looking to capitalize on the steady rental demand characterizing this section of the city. With its established positioning in a dense residential environment, the asset provides a practical framework for maintaining occupancy through proactive management and strategic property oversight.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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