Newer Two-Unit Residential
For Sale
Contact for pricing
Pending
1051 N Springfield Avenue, Chicago, IL 60651
Two recently built units with in-unit laundry, updated kitchens, and a 2-car garage on a double lot.
Property SizeContact for details
Days on Market79
Property Features for 1051 N Springfield Avenue
General Information
Standard status
Pending
Class
A
Property subtype
Multifamily
Occupancy
100%
Building Details
Year Built
2025
Buildings
1
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
Executive Realty Group LLC
Listed By:
Ed Kress · License #IL
Source:
Crexi
Added: Jun 5
Changed: Aug 8
Last Checked: Jul 24 at 10:14AM
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 Executive Realty Group LLC
Investment Insights
Based on property information with market context.
This newer two-unit residential property is set up as a duplex down on the first floor and a separate unit on the second floor. The first-floor unit features four bedrooms and two bathrooms, while the second-floor unit has two bedrooms and one bathroom. Both units include designer shaker kitchen cabinetry, a large peninsula, quartz countertops, stainless steel appliances, and hardwood flooring throughout. Additional conveniences include in-unit laundry, along with exterior living space via a two-story back porch.
The property is located on a double lot with one PIN, with a newer two-car garage plus an additional parking pad. The garage is currently not rented. The first-floor unit is leased through 6-1-2027, while the second-floor unit operates on a month-to-month basis.
For buyers seeking a turn-key income property, the combination of newer construction and consistent interior finishes may appeal to tenants looking for modern living. The existing lease on the first unit provides near-term occupancy, and the current month-to-month structure on the second unit offers flexibility. Parking on-site and the additional garage space can support everyday tenant needs.
The property is located on a double lot with one PIN, with a newer two-car garage plus an additional parking pad. The garage is currently not rented. The first-floor unit is leased through 6-1-2027, while the second-floor unit operates on a month-to-month basis.
For buyers seeking a turn-key income property, the combination of newer construction and consistent interior finishes may appeal to tenants looking for modern living. The existing lease on the first unit provides near-term occupancy, and the current month-to-month structure on the second unit offers flexibility. Parking on-site and the additional garage space can support everyday tenant needs.
Key Highlights
- Two‑unit property built in 2025 on a double lot (one PIN) with a newer 2‑car garage and additional parking pad
- 1st‑floor unit: 4 bedrooms and 2 bathrooms with hardwood floors, in‑unit laundry, and a designer kitchen with shaker cabinets, quartz counters, and stainless appliances
- 2nd‑floor unit: 2 bedrooms and 1 bathroom with the same updated kitchen package (shaker cabinets, quartz counters, stainless appliances)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,005
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two recently built units with in-unit laundry, updated kitchens, and a 2-car garage on a double lot.
Where is this duplex located?
The property is located at 1051 N Springfield Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $679,900.
What are key features of this property?
This property features: Two‑unit property built in 2025 on a double lot (one PIN) with a newer 2‑car garage and additional parking pad; 1st‑floor unit: 4 bedrooms and 2 bathrooms with hardwood floors, in‑unit laundry, and a designer kitchen with shaker cabinets, quartz counters, and stainless appliances; 2nd‑floor unit: 2 bedrooms and 1 bathroom with the same updated kitchen package (shaker cabinets, quartz counters, stainless appliances)
