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Two-Unit Duplex with Basement
New
For Sale
$300,000

10538-10540 S Vincennes Avenue, Chicago, IL 60643

MULTI_FAMILY - Chicago, IL

Days on Market2

Property Features for 10538-10540 S Vincennes Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Basement, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 1
Basement Full, Unfinished
Elementary school district 299
Middle school district 299
High school district 299
Directions East or West on 103rd to Vincennes, South to address
Subdivision CHI - Beverly
Standard status Active
APN 25171130510000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 4838

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1903
Building materials Vinyl Siding
Listing Agency: Real People Realty
Listed By: Carolyn Barnes · License #471019533
Added: Jul 31 Last Checked: Aug 1 at 3:06AM
MLS# 12709625

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 two-unit duplex offers two separate homes with practical layouts: each unit features 2 bedrooms, 1 full bath, a large living room, a separate dining room, and an eat-in kitchen. The first-floor unit is duplexed to the basement, providing additional living space within the unit’s configuration. Both units are tenant-occupied on month-to-month leases, which can support investor flexibility or future owner-occupancy plans. The property has been maintained and remains in good condition, with room for personal updates.

A second lot to the north of the property is included. The building is constructed with vinyl siding and heated with natural gas. Public water and public sewer serve the property. It’s located in Chicago’s Beverly neighborhood near the Metra station and I-57, supporting convenient commuting options.

Built in 1903, this duplex combines classic two-flat living with a basement connection on the first-floor unit and a lease structure that allows for changing needs over time.

Key Highlights

  • Tenant‑occupied two‑unit duplex with month‑to‑month leases
  • Each unit includes 2 bedrooms and 1 full bath
  • First‑floor unit is duplexed to the basement for added 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

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 - Tenant-occupied two-unit duplex with month-to-month leases, each unit has two bedrooms and 1 full bath.
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: Tenant‑occupied two‑unit duplex with month‑to‑month leases; Each unit includes 2 bedrooms and 1 full bath; First‑floor unit is duplexed to the basement for added living space
More about this property
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