2920 N LAKEWOOD Avenue
Chicago, IL, 60657
$899,000
5 Beds
3 Baths
0 SqFt
0 Acres
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MLS #MRD12635414 image #0
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.

Property Details

Price:
$899,000
MLS #:
MRD12635414
Status:
Active Under Contract
Beds:
5
Baths:
3
Type:
Multi Family
Neighborhood:
chilakeview
Listed Date:
May 11, 2026
Year Built:
1890
Chi – Lake ViewChilakeview

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Schools

School District:
299

Interior

Heating
Natural Gas, Forced Air

Exterior

Construction Materials
Brick
Fencing
Fenced
Lot Features
Irregular Lot

Financial

Net Operating Income
$17,000
Tax Year
2024
Taxes
$5,478

Map

Community

Market Summary

Current real estate data for Multi Family in Chicago as of Jun 14, 2026
1,398
Multi Family Listed
80
Avg DOM
$529,071
Avg List Price

Property Summary

    2920 N LAKEWOOD Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60657. It is listed for $899,000

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