2920 N LAKEWOOD AVE Chicago, IL 60657 Open Sat 11AM-1PM

UPDATED: 05/11/2026 04:14 PM ON MARKET: New on market today

$899,000

5 Beds3 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

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.


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