Building Details

Tenancy Multi

Listing Agency: KM Realty Group

Listed By: Tammy Jackson · License #471.020151 Show Phone

Source: Crexi

Added: Apr 11 Changed: Aug 28 Last Checked: Sep 5 at 10:47AM

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Investment Insights

Based on property information with market context.

This two-unit residential income building has been well maintained and is positioned for a new owner, with updates needed. Room count and sizes will need to be verified. The property includes a walkout basement with one bedroom on the lower level.

The basement unit is not described as a legal unit. The property is being sold as-is where-is, and there are no showings until Monday, June 12.

Key Highlights

• 2‑unit building that has been well maintained
• Walkout basement includes one bedroom on the lower level
• Basement unit is not a legal unit

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Skin Care Clinic Acupuncture HVAC 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

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

1,331

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - Well-maintained two-unit building with a walkout basement containing a bedroom, sold as-is where-is.

Where is this duplex located?

The property is located at 1543 S Drake Ave Chicago, IL.

What are key features of this property?

This property features: 2‑unit building that has been well maintained; Walkout basement includes one bedroom on the lower level; Basement unit is not a legal unit