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Updated Two-Unit Duplex Property
New
For Sale
$1,250,000

1507 W Hollywood Avenue, Chicago, IL 60660

Residential Income, Chicago, IL

Property SizeContact for details
Lot Size0.09 Acres
Days on Market1

Property Features for 1507 W Hollywood Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 5
Full bathrooms 5
Rooms Utility Room, Bedroom 1, Bathroom 2, Laundry Room, Bathroom 1, Bedroom 2, Bedroom 6, Bedroom 7, Bedroom 3, Bedroom 4, Basement, Bathroom 4, Bathroom 3, Bedroom 5, Bathroom 5
Parking 2
Parking features Open, Garage
Window features Screens
Patio and Porch features Porch
Fencing Fenced
Basement Full, Walk-Out Access, Finished
Elementary school Peirce Elementary School Intl St
High school Senn Achievement Academy High Sc
Elementary school district 299
Middle school district 299
High school district 299
Directions Clark St. to Hollywood (one way east) 1/2 block to address.
Subdivision CHI - Edgewater
Standard status Active
APN 14053260100000
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 12985

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air

Amenities

in-unit laundry
enclosed sunroom
wet bar

Building Details

Year built 1918
Building materials Brick
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: Diane Zavala
Added: Aug 26 Last Checked: Aug 26 at 9:06PM
MLS# 12718147

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This brick two-flat, built in 1918, contains two distinct residences with separate utilities, central heat and air, in-unit laundry, engineered hardwood flooring, granite countertops, stainless steel appliances, and enclosed rear sunrooms. The vacant first-floor duplex-down includes four bedrooms, three bathrooms, an open living arrangement, a finished lower level with wet bar, and substantial storage. The upper residence provides three bedrooms and two bathrooms and is leased through next year.

The property occupies an oversized 30-by-136-foot lot with a two-car garage, enclosed fencing, and public sewer service. Its setting places the building near Andersonville retail and dining, while the Red Line, Lake Shore Drive, and Foster Beach are each less than 1 mile away.

Key Highlights

  • Two‑unit brick property built in 1918
  • Vacant first‑floor duplex‑down with 4 bedrooms, 3 baths, finished lower level, wet bar, and storage
  • Second‑floor 3‑bedroom, 2‑bath unit leased through next year

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Catering Service Home Appliance Store Tattoo & Piercing Shop Barber Shop Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,165
Businesses Nearby

Demographics for 60660, IL

42,534
Population
23,508
Households
1.8
Avg Household Size
38
Median Age
57%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
32,718
Density / Sq Mi
$66,206
Median Household Income
$46,871
Median Earnings
$1,286
Median Rent
$287,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Separate residences offer independent utilities, central HVAC, and in-unit laundry.
Where is this duplex located?
The property is located at 1507 W Hollywood Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two‑unit brick property built in 1918; Vacant first‑floor duplex‑down with 4 bedrooms, 3 baths, finished lower level, wet bar, and storage; Second‑floor 3‑bedroom, 2‑bath unit leased through next year
More about this property
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