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Two-Unit Brick Duplex
For Sale
$510,000

7314 S Crandon Avenue, Chicago, IL 60649

Residential Income, Chicago, IL

Property SizeContact for details
Lot Size0.10 Acres
Days on Market30

Property Features for 7314 S Crandon Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Utility Room, Bathroom 3, Laundry Room, Bedroom 5, Bathroom 2, Bedroom 1, Bedroom 7, Bedroom 2, Basement, Bedroom 3, Bedroom 4, Bedroom 6
Parking 3
Parking features Garage
Basement Full, Exterior Entry, Finished
Elementary school district 299
Middle school district 299
High school district 299
Directions Yates N/S to 73rd St W to Crandon Avenue S to property
Subdivision CHI - South Shore
Standard status Active
APN 20252180190000
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3791

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Amenities

front sunporches
enclosed rear porches
stainless steel appliances
separate heating and cooling
laundry hookup

Building Details

Year built 1912
Building materials Brick
Roof type Rubber
Listing Agency: Trademarks & Associates
Listed By: Tamika Marks · License #471006293
Added: Sep 6 Changed: Oct 2 Last Checked: Oct 5 at 8:06AM
MLS# 12752801

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.

Built in 1912, this brick duplex contains two residences. The upper unit has three bedrooms and one full bath, stainless steel appliances, separate heating and cooling, and a laundry hookup. The lower residence extends into the basement level and offers four bedrooms and three full baths, along with stainless steel appliances, separate climate systems, and its own laundry hookup. Front sunporches and enclosed rear porches add usable space to both levels. The property also includes a garage and sits on a 0.1-acre lot.

The Chicago property is near Lake Michigan, Rainbow Beach, the South Shore Cultural Center, and Jackson Park. Metra Electric and CTA service, neighborhood shopping and dining, and major commuter routes are also nearby. Zoning is designated MULTI.

Key Highlights

  • Two residential units in a brick building constructed in 1912
  • Upper residence: 3 bedrooms and 1 full bath
  • Lower duplex residence: 4 bedrooms and 3 full baths

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Building Supply Dental Office Locksmith Storage Facility (Bike/Boat/Book/etc) Store

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

1,327
Businesses Nearby

Demographics for 60649, IL

48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Each residence has its own laundry hookup and separate heating and cooling.
Where is this duplex located?
The property is located at 7314 S Crandon Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Two residential units in a brick building constructed in 1912; Upper residence: 3 bedrooms and 1 full bath; Lower duplex residence: 4 bedrooms and 3 full baths
More about this property
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