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$ 899,000
Est. payment /mo
Active Under Contract
2920 N LAKEWOOD AVE Chicago, IL 60657
5 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12635414
Bedrooms 5
Year Built 1890
Annual Tax Amount $5,478
Tax Year 2024
Lot Dimensions 25X75
Property Sub-Type Two to Four Units
Property Description
Rare Lakeview 2-unit building offering a prime owner-occupant opportunity with built-in income potential.**This move-in ready building features a spacious 3-bedroom, 2-bath DUPLEX that lives like a single-family home, PLUS a 2-bedroom, 1-bath top-floor unit that can generate $2,500-$4,000/month in rental income. Current owner Airbnb's out the lower level of the duplex which grossed over $17K in 2025 (at 65% capacity). **Whether you're looking to offset your mortgage or build long-term wealth, this property delivers the kind of versatility buyers and investors are actively seeking.**Situated on a quiet, parking-friendly street and just steps from public transportation, this home offers both everyday convenience and strong investment upside in one of Chicago's most desirable neighborhoods.
Location
State IL
County Cook
Area Chi - Lake View
Zoning MULTI
Rooms
Basement Finished, Full
Interior
Heating Natural Gas, Forced Air
Equipment TV-Cable, TV-Dish, CO Detectors, Ceiling Fan(s), Sump Pump
Fireplace N
Building
Lot Description Irregular Lot
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Alifia Zotoff of Baird & Warner
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