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    2345 N Lockwood Ave Chicago, IL 60639

    New
    Picture of Duplexes at N Lockwood Ave 2345, Chicago, IL
    Pending
    For Sale
    $278,000

    Residential Income - Chicago, IL

    Days on Market:
    4
    Last Refresh:
    Dec 14 at 12:06 am

    Property Features for 2345 N Lockwood Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    APN
    13331030080000
    Parking
    2

    Utilities

    Heating system
    Natural Gas, Other (Heating), Steam

    Building Details

    Year built
    1925
    Architectural style
    Other

    Betancourt Realty (773) 342-7241 x1 [email protected]

    Listing agent Joseph Betancourt (773) 342-7211 License #471008095

    Listing date Dec 11, 2025

    MLS# 12451377 Listing URL

    Copyright © 2025 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.

    Overview

    Chicago Brick 2-Flat in Belmont

    This classic brick 2-flat, located in the Belmont Cragin neighborhood of Chicago, Illinois, presents an opportunity for investors or owner-occupants seeking rental income. Each of the two units features 2 bedrooms, an open living and dining room layout, and hardwood floors. The property includes a full, unfinished basement that offers additional space and possibilities. The property is being sold as-is.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7582437
    Latitude
    41.923572

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    FAQs

    What type of property is this?
    Duplex - Classic Chicago 2-flat with income potential in Belmont Cragin.
    Where is this duplex located?
    The property is located at 2345 N Lockwood Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $278,000.
    What are key features of this property?
    This property features: - Two separate units, each with 2 bedrooms, offering rental income potential or owner-occupancy with rental income.; - Hardwood floors throughout both units.; - Full, unfinished basement provides additional space for storage or future development.
    (773) 342-7211
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    Chicago, IL 60639
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2345 N Lockwood Ave Chicago, IL 60639
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