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Duplex Building with Basement Space
New
For Sale
$300,000

10538-10540 S Vincennes Avenue, Chicago, IL 60643

Two occupied residences offer flexible month-to-month tenancy and separate utility responsibility.

Property SizeContact for details
Days on Market3

Property Features for 10538-10540 S Vincennes Avenue

General Information

Standard status Active
Property subtype Residential Income
Occupancy 100%

Site & Location

Highway Access Yes
Public Transit Yes

Units

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

Taxes and HOA fees

Annual Taxes $4,838

Building Details

Year Built 1903
Buildings 1
Tenancy Multi
Listing Agency: Real People Realty
Listed By: Carolyn Barnes · License #471019533
Source: Birdrealtysells
Added: Aug 10 Changed: Aug 11 Last Checked: Aug 11 at 5:17AM

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 Real People Realty

Investment Insights

Based on property information with market context.

This two-unit residential income property includes matching layouts with 2 bedrooms, 1 full bath, a living room, separate dining area, and eat-in kitchen in each residence. The first-floor unit extends into the basement, adding usable living area. The building was constructed in 1903 and is being offered as-is.

Both units are occupied under month-to-month leases, and each tenant pays their own utilities. An additional lot on the north side of the property is included. The property is located near a Metra station and I-57, with access to the surrounding Chicago area.

Key Highlights

  • Two‑unit building at 10538‑10540 S Vincennes Avenue, Chicago, IL 60643
  • Each unit includes 2 bedrooms, 1 full bath, living room, dining room, and eat‑in kitchen
  • First‑floor residence is duplexed to the basement for additional living space

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply HVAC Service Skin Care Clinic Electrical Service

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
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

528
Businesses Nearby

Demographics for 60643, IL

47,831
Population
19,541
Households
2.4
Avg Household Size
44
Median Age
39%
College-Educated
93%
High-School Grad
7.4 sq mi
ZIP Area
6,464
Density / Sq Mi
$83,015
Median Household Income
$53,155
Median Earnings
$1,359
Median Rent
$233,900
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 occupied residences offer flexible month-to-month tenancy and separate utility responsibility.
Where is this duplex located?
The property is located at 10538-10540 S Vincennes Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two‑unit building at 10538‑10540 S Vincennes Avenue, Chicago, IL 60643; Each unit includes 2 bedrooms, 1 full bath, living room, dining room, and eat‑in kitchen; First‑floor residence is duplexed to the basement for additional living space
More about this property
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