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Move-In Ready Two-Unit Duplex
For Sale
Contact for pricing
Pending

1048 N Lawndale Avenue, Chicago, IL 60651

New 2023 construction duplex with in-unit laundry, central air, and two separate alarm systems.

Property SizeContact for details
Days on Market344

Property Features for 1048 N Lawndale Avenue

General Information

Standard status Pending
Property subtype Multifamily

Building Details

Year Built 2023
Listing Agency: Second City Real Estate
Listed By: Ronan McBrien · License #IL 475180667
Source: Crexi
Added: Sep 30, 2025 Changed: Aug 8 Last Checked: Jul 27 at 8:56AM

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 Second City Real Estate

Investment Insights

Based on property information with market context.

New construction 2-unit duplex built in 2023 and presented as move-in ready. The top floor includes 2 bedrooms and 1 bathroom. The lower portion comprises 2 additional levels with a total of 4 bedrooms and 2 bathrooms (duplex down configuration). Both units feature new shaker designer kitchen cabinets, quartz countertops, stainless steel appliances, and hardwood flooring. In-unit washer and dryer are provided for both units, along with new HE HVAC with central air and an in-unit alarm system.

The property sits on an extra-wide lot measuring 37.5 by 125, which supports strong natural light. A new 2-car garage plus an additional parking pad provides room for 3 cars, and there is a 2-story back porch.

The top-floor unit is currently owner occupied. The duplex is described as capable of contributing up to $3,000 in monthly rental income.

Key Highlights

  • New 2023 construction 2‑unit duplex, move‑in ready with zero deferred maintenance.
  • Extra‑wide 37.5 ft x 125 ft lot for extra natural lighting; includes 2‑story back porch.
  • Top‑floor unit: 2 bed / 1 bath; first two levels: 4 bed / 2 bath duplex‑down layout.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Locksmith (Bike/Boat/Book/etc) Store HVAC Service Carpet & Flooring 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.

Location Intelligence

Trade Area within ½ mile

1,074
Businesses Nearby

Demographics for 60651, IL

62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
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 - New 2023 construction duplex with in-unit laundry, central air, and two separate alarm systems.
Where is this duplex located?
The property is located at 1048 N Lawndale Avenue Chicago, IL.
What are key features of this property?
This property features: New 2023 construction 2‑unit duplex, move‑in ready with zero deferred maintenance.; Extra‑wide 37.5 ft x 125 ft lot for extra natural lighting; includes 2‑story back porch.; Top‑floor unit: 2 bed / 1 bath; first two levels: 4 bed / 2 bath duplex‑down layout.
More about this property
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