Search
Updated Two-Unit Duplex
For Sale
$475,000

2320 S Albany Avenue, Chicago, IL 60623

Residential Income, Chicago, IL

Property SizeContact for details
Lot Size0.07 Acres
Days on Market203

Property Features for 2320 S Albany Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Basement, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Game Room, Bathroom 1, Bedroom 5
Parking 2
Parking features Offsite
Patio and Porch features Patio, Porch, Deck
Basement Exterior Entry, Full, Unfinished
Elementary school district 299
Middle school district 299
High school district 299
Directions From Kedzie Ave., head west to Cermak Ave., then continue south on Albany until you reach the property.
Subdivision CHI - South Lawndale
Standard status Active
APN 16251080300000
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 4018

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Amenities

in-unit laundry

Building Details

Year built 1885
Building materials Aluminum Siding, Vinyl Siding, Frame
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: Andres Olaez · License #475180182
Added: Feb 20 Changed: Sep 4 Last Checked: Sep 11 at 2:06AM
MLS# 12571741

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 two-unit duplex includes five bedrooms and three full bathrooms, with separate laundry space provided for each residence. The property has received several interior updates, along with a new roof and new siding. Exterior features include a patio, deck, and porch, while the structure incorporates aluminum siding, vinyl siding, and frame construction.

Built in 1885, the property sits on a 0.07-acre lot and is designated MULTI zoning. Natural gas heating and public sewer serve the building. Parking is listed as offsite, and the property is located at 2320 S Albany Avenue in Chicago, Illinois.

Key Highlights

  • Two‑unit duplex with 5 bedrooms and 3 full bathrooms
  • Separate laundry space provided for each unit
  • New roof and new siding

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Hotel & Motel Skin Care Clinic Daycare Center

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

Location Intelligence

Trade Area within ½ mile

1,967
Businesses Nearby

Demographics for 60623, IL

87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Income-producing residential property with refreshed exterior elements, interior improvements, and private laundry areas for both units.
Where is this duplex located?
The property is located at 2320 S Albany Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two‑unit duplex with 5 bedrooms and 3 full bathrooms; Separate laundry space provided for each unit; New roof and new siding
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message