Two-Unit Brick
For Sale
$725,000
1223 W Gunnison St, Chicago, IL 60640
Two residential units offer separate bedroom layouts, formal dining rooms, dens, and access to an unfinished basement.
Property SizeContact for details
Days on Market50
Property Features for 1223 W Gunnison St
General Information
Standard status
Active
Property subtype
Multi-Family
Site & Location
Neighborhood
Uptown
Public Transit
Yes
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
2
Building Details
Year Built
1905
Construction
brick
Listing Agency:
Exit Strategy Realty / Ema Management
Listed By:
Thomas Bezanes · License #471018395
(312) 622-2850
Source:
Highriseschicago
Added: Sep 5
Changed: Oct 23
Last Checked: Oct 23 at 6:54AM
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 Exit Strategy Realty / Ema Management
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Investment Insights
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Built in 1905, this brick duplex contains two residential apartments with distinct layouts. The first-floor unit has two bedrooms, one bathroom, hardwood floors, a living room, formal dining room, rear den, and wood crown molding. Upstairs, the second-floor apartment provides three bedrooms and one bathroom along with comparable living, dining, and den areas. Both units feature vintage built-in hallway cupboards and access to the unfinished basement, which offers storage space and potential for future improvements.
The property is located at 1223 W Gunnison St in Chicago, less than 5 miles from Montrose Beach and near restaurants and public transportation. The first-floor unit is owner-occupied and expected to remain occupied through closing; the second-floor unit is vacant. The property is being sold as-is.
The property is located at 1223 W Gunnison St in Chicago, less than 5 miles from Montrose Beach and near restaurants and public transportation. The first-floor unit is owner-occupied and expected to remain occupied through closing; the second-floor unit is vacant. The property is being sold as-is.
Key Highlights
- Two‑unit brick duplex built in 1905
- First‑floor unit has 2 bedrooms, 1 bathroom, and hardwood floors
- Second‑floor unit includes 3 bedrooms and 1 bathroom; currently vacant
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,398
Businesses Nearby
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Business Placement
Demographics for 60640, IL
65,941
Population
40,850
Households
1.6
Avg Household Size
38
Median Age
63%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
27,475
Density / Sq Mi
$71,030
Median Household Income
$59,264
Median Earnings
$1,374
Median Rent
$363,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer separate bedroom layouts, formal dining rooms, dens, and access to an unfinished basement.
Where is this duplex located?
The property is located at 1223 W Gunnison St Chicago, IL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Two‑unit brick duplex built in 1905; First‑floor unit has 2 bedrooms, 1 bathroom, and hardwood floors; Second‑floor unit includes 3 bedrooms and 1 bathroom; currently vacant
