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Two-Unit Residential Income Property
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1251 S Kolin Avenue, Chicago, IL 60623

Spacious duplex-style multifamily with two units, each featuring three bedrooms and one full bath.

Days on Market11

Property Features for 1251 S Kolin Avenue

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 2

Building Details

Year Built 1913
Tenancy Multi
Listing Agency: HomeSmart Realty Group
Listed By: Tameka Lewis-Madkins
Source: Crexi
Added: Jul 23 Changed: Jul 28 Last Checked: Aug 1 at 6:22AM

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 HomeSmart Realty Group

Investment Insights

Based on property information with market context.

This multifamily duplex property offers two separate residential units. Each unit includes three bedrooms, a full bathroom, and generous living space.

The home includes an unfinished basement that provides additional storage, along with a spacious backyard. The property is being sold as-is.

Located near shopping, schools, public transportation, and the expressway, the layout is well-suited for occupancy of one unit and rental of the other.

Key Highlights

  • 1913‑built duplex‑style multifamily with 2 units
  • Each unit has 3 bedrooms and 1 full bathroom
  • Unfinished basement offers ample storage space

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Computer & Electronic Repair Gym & Fitness Center Acupuncture

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
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

812
Businesses Nearby

Demographics for 60623, IL

87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
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 - Spacious duplex-style multifamily with two units, each featuring three bedrooms and one full bath.
Where is this duplex located?
The property is located at 1251 S Kolin Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 1913‑built duplex‑style multifamily with 2 units; Each unit has 3 bedrooms and 1 full bathroom; Unfinished basement offers ample storage space
More about this property
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