Townhouse-Style Duplex with
1132 E 44th Street Chicago, Chicago, IL 60653
New
Duplex with two independent units, separate utility metering, and a dedicated side-yard easement for added outdoor flexibility.
Type:Two to Four Units
Property size:
3,300 SFPrice / SF:
$196/SF- Added:
- Jul 3, 2026
- Days on Market:
- 5
- Last Refresh:
- Jul 4 at 3:43 am
Property Features for 1132 E 44th Street Chicago
General Information
- Standard status
- Active
- Size
- 3,300 SF
- Property subtype
- Two to Four Units
Building Details
- Year Built
- 1888
Listing office (847) 558-6808
Listing date Jul 3, 2026
Source Remaxadream
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 Jorge Trujillo
HighLights
- Townhouse‑style duplex with 2 units and a vertical layout (multi‑level living).
- 4 total baths, 5 total bedrooms, with 1.5‑bedroom income suite design for flexible living/office use.
- Dedicated property easement with guaranteed side‑yard buffer and private access for added outdoor flexibility.
- Basement includes an unfinished full basement with separate egress through a public room from the garden level.
- Separate metered electric utilities; shared radiator system and gas for utility management.
- Corner lot (.03 acres) built in 1888, with public water service.
Overview
This townhouse-style duplex is arranged on multiple levels to support two distinct residences within a vertical configuration. The building includes an Owner’s Suite with multi-level living and entertaining areas, multiple bedrooms, and garden-level space featuring a living room, laundry, utility room, bathroom, bedroom, and office, with separate egress through a public room from the garden level. The income suite offers a flexible 1.5-bedroom layout with a functional kitchen, bright living area, and an independent private entry aimed at resident privacy.
The property is next to Kennicott Park, with park views from the building. A legal property easement provides a guaranteed side-yard buffer that can be used for outdoor space and includes an emphasis on accessibility and natural light on the west side. Separate metered electric utilities are in place, while the shared radiator system and gas support efficient day-to-day operations.
Designed for an owner-occupant or investor, the layout provides separate living space for each unit with independent entry for the income suite. With multi-level functionality, dedicated outdoor space via the easement, and utility metering that can help simplify management, the property fits buyers seeking a residential income asset in the Kenwood area close to park amenities and established transportation access.
The property is next to Kennicott Park, with park views from the building. A legal property easement provides a guaranteed side-yard buffer that can be used for outdoor space and includes an emphasis on accessibility and natural light on the west side. Separate metered electric utilities are in place, while the shared radiator system and gas support efficient day-to-day operations.
Designed for an owner-occupant or investor, the layout provides separate living space for each unit with independent entry for the income suite. With multi-level functionality, dedicated outdoor space via the easement, and utility metering that can help simplify management, the property fits buyers seeking a residential income asset in the Kenwood area close to park amenities and established transportation access.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $83.2k | $25.20 |
| − Vacancy | −$4.6k | −$1.39 |
| EGI | $78.6k | $23.81 |
| − OpEx | −$23.6k | −$7.14 |
| NOI | $55.0k | $16.67 |
3,300 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$785.9K
$687.6K – $916.8K
NOI $55,010 @ 7.0% cap · market cap 8.46%
Second Best
Apartment 5plus
$722.7K
$632.3K – $843.1K
NOI $50,586 @ 7.0% cap · market cap 7.78%
Theoretical Best
Office A
$1.56M
$1.36M – $1.82M
NOI $108,916 @ 7.0% cap · market cap 16.76%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.5980782
- Latitude
- 41.814815
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Duplex with two independent units, separate utility metering, and a dedicated side-yard easement for added outdoor flexibility.
Where is this duplex located?
The property is located at 1132 E 44th Street Chicago Chicago, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Townhouse‑style duplex with 2 units and a vertical layout (multi‑level living).; 4 total baths, 5 total bedrooms, with 1.5‑bedroom income suite design for flexible living/office use.; Dedicated property easement with guaranteed side‑yard buffer and private access for added outdoor flexibility.
