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Two-Unit Duplex with New Siding
For Sale
$205,000

10240 S Indiana Avenue, Chicago, IL 60628

Two residential units offer matching layouts, open kitchens, and flexible occupancy options.

Property SizeContact for details
Days on Market57

Property Features for 10240 S Indiana Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $673

Building Details

Year Built 1908
Buildings 1
Listing Agency: Rayma Realty Inc.
Listed By: Raul Camacho · License #471016784
Source: Cavanaghrealty
Added: Jul 5 Changed: Aug 29 Last Checked: Jul 20 at 4:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rayma Realty Inc.

Investment Insights

Based on property information with market context.

Built in 1908, this two-unit duplex includes two bedrooms and one bathroom in each residence, along with a combined living and dining area. Both kitchens have an open configuration, while the property also provides an unfinished attic and basement for storage or future improvements. Recent work includes interior painting, new flooring, and new siding.

The second-floor unit is occupied by a long-term tenant, while the first-floor residence is vacant. The property sits on a large lot with substantial outdoor space and is being sold as-is. Located at 10240 S Indiana Avenue in Chicago, the layout supports owner occupancy with additional rental use or continued operation as a two-unit property.

Key Highlights

  • Two‑unit duplex built in 1908
  • Each unit includes 2 bedrooms, 1 bathroom, and a living/dining room combination
  • Second‑floor unit occupied; first‑floor unit vacant

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Building Supply Skin Care Clinic Kitchen & Bath Showroom

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

524
Businesses Nearby

Demographics for 60628, IL

62,832
Population
28,736
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
87%
High-School Grad
11.0 sq mi
ZIP Area
5,712
Density / Sq Mi
$49,719
Median Household Income
$35,974
Median Earnings
$1,168
Median Rent
$158,500
Median Home Value

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 - Two residential units offer matching layouts, open kitchens, and flexible occupancy options.
Where is this duplex located?
The property is located at 10240 S Indiana Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1908; Each unit includes 2 bedrooms, 1 bathroom, and a living/dining room combination; Second‑floor unit occupied; first‑floor unit vacant
More about this property
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