Bridgeport Two-Flat on Double
843 W 34th Place Chicago, IL 60608
843 W 34th Place, Chicago, IL, 60608
$575,000
For Sale
Under Contract
$575,000
MULTI_FAMILY - Other - Chicago, IL
Property Size2,728 SF
Price / SF$210.78
Days on Market57
Property Features for 843 W 34th Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MULTI
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 2, Basement, Bathroom 1, Bedroom 1, Bedroom 5, Bedroom 4, Utility Room, Bathroom 3, Bathroom 2, Laundry Room, Bedroom 3
- Parking
- 2
- Parking features
- Garage
- Window features
- Screens
- Fencing
- Fenced
- Basement
- Finished, Full
- Standard status
- Active Under Contract
- APN
- 17322270130000
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 12542
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1964
- Building materials
- Brick
- Roof type
- Asphalt
- Architectural style
- Other
Listing Agency
RE/MAX 10 in the Park
(708) 923-0900
9658 W 131st Street., Oak Lawn, IL
Listed by
Thomas Domasik · License #475129362
(708) 857-1500
Added: May 23 Checked: Jul 18 at 7:06 am
MLS# 12653403
Listing URL
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 Bridgeport two-flat presents an exceptional opportunity in a growing Chicago neighborhood. The solid structure features two oversized units, a full basement, and a rare double lot with a side-load 2-car brick garage. The building offers approximately 2,728 square feet above grade, not including the basement, providing tremendous potential for investors or owner-occupants. The main-level unit features an eat-in kitchen that opens to a spacious living/dining room combo, along with 2 generously sized bedrooms and 1 full bathroom. The 2nd-floor unit offers a similar layout but with 3 bedrooms and 1 bathroom, providing flexible living options. A finished basement adds valuable extra living space complete with an additional bathroom plus a large utility/storage room with individual storage lockers. Both units are equipped with separate forced-air gas furnaces, central air conditioning, and separate water heaters. This estate sale is being offered "as-is."
Key Highlights
- Brick Bridgeport 2‑flat built in 1964 with a full basement and fenced property
- Approximately 2,728 SF above grade (not including the basement), offering two oversized units
- Two separate units: main level has eat‑in kitchen, living/dining combo, 2 bedrooms, and 1 full bath
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.7k | $25.20 |
| − Vacancy | −$3.8k | −$1.39 |
| EGI | $65.0k | $23.81 |
| − OpEx | −$19.5k | −$7.14 |
| NOI | $45.5k | $16.67 |
2,728 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$649.6K
$568.4K – $757.9K
NOI $45,475 @ 7.0% cap · market cap 7.91%
Second Best
Apartment 5plus
$597.4K
$522.7K – $697.0K
NOI $41,818 @ 7.0% cap · market cap 7.27%
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M
NOI $90,037 @ 7.0% cap · market cap 15.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Spacious two-flat in booming Bridgeport neighborhood with double lot.
Where is this duplex located?
The property is located at 843 W 34th Place Chicago, IL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Brick Bridgeport 2‑flat built in 1964 with a full basement and fenced property; Approximately 2,728 SF above grade (not including the basement), offering two oversized units; Two separate units: main level has eat‑in kitchen, living/dining combo, 2 bedrooms, and 1 full bath
