2920 N LAKEWOOD Avenue Chicago, IL ^$ 899,000

2920 N LAKEWOOD Avenue

^$ 899,000

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2920 N LAKEWOOD Avenue

Chicago, IL, 60657

^$ 899,000

Bedrooms5 Baths3.0 Sq 2,797

Monthly Estimate*

^$ 5,676

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Multi-Family Home for sale in Chicago, IL

for $899,000 with 5 bedrooms and 3 full baths. This 2,797 square foot home was built in 1890.

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.

Multi-Family Contingent

Price

^$ 899,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,478

Style

Year Built

1890

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12635414

Features

General

Sewer Public Sewer

Heating Natural Gas Forced Air

Possession Closing

Zoning MULTI

Construction Materials Brick

Year Built 1890

Township North Chicago

Tax Year 2024

Ownership Fee Simple

Gross Income 25200

County Cook

Net Operating Income 17000

Insurance Expense 1400

New Construction N

Property Type Residential Income Two to Four Units

Contingency Attorney/Inspection

Total Rooms 12

Status Contingent

Directions LINCOLN N OR S TO LAKEWOOD

City Chicago

High School District 299

MLS Area CHI - Lake View

Tax Annual Amount 5478.49

Additional Parcels Y/N N

Standard Status Active Under Contract

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Finished Full

Total Bedrooms 5

Room Type Sun Room

Total Baths 3

Bedrooms Possible 5

Bathroom Double Sink

Full Baths Building 3

Half Baths Building 0

Total Number of Units 2

Exterior

Lot Features Irregular Lot

Water Source Lake Michigan

Total Parking 0

Lot Dimensions 25X75

Waterfront Y/N N

Other Equipment TV-Cable TV-Dish CO Detectors Ceiling Fan(s) Sump Pump

* Excluded Features

List By

Baird & Warner

Broker

alifia.zotoff@bairdwarner.com

Affordability Calculator

$6,133

Per Month

Monthly Principal & Interest: $5,676
Monthly Property Taxes: $457
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$618,447

Percent of Sale Price 31%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/11/2026	$899,000		Listed Price

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2920 N LAKEWOOD Avenue, Chicago, IL, 60657 is a Multi-Family Home for sale at $899,000 with 2,797 sqft. 2920 N LAKEWOOD Avenue has 5 bedrooms, 3.0 baths, and was built in 1890. The property's zip code is 60657 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 7/3/2026.

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2920 N LAKEWOOD Avenue

Multi-Family Home for sale in Chicago, IL

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