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Brick Two-Unit Property
For Sale
$175,555
Pending

3501 W 61ST Place, Chicago, IL 60629

Separate front and rear residences provide distinct layouts within this Chicago multifamily asset.

Property SizeContact for details
Days on Market661

Property Features for 3501 W 61ST Place

General Information

Standard status Pending
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $10,130

Building Details

Year Built 1926
Listing Agency: Superior R.E. Services, Inc.
Listed By: Silverio Nodal · License #475147621
Source: Exitrealty
Added: Nov 13, 2024 Changed: Aug 30 Last Checked: Aug 30 at 3:41AM

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 Superior R.E. Services, Inc.

Investment Insights

Based on property information with market context.

This brick duplex, built in 1926, includes a front Chicago bungalow with three levels of living space and a separate rear residence. The front unit offers 4 bedrooms, a kitchen, formal dining room, living room, and a finished basement with two full bathrooms, family room, exercise room, and office space. The rear unit contains 2 bedrooms, an eat-in kitchen, and a living room.

Located at 3501 W 61ST Place in Chicago’s Chicago Lawn area, the property is offered in as-is condition. City violations are associated with the property, and the sale requires attention to the stated property condition and municipal matters.

Key Highlights

  • Two‑unit brick property at 3501 W 61ST Place
  • Built in 1926
  • Front residence offers three levels and 4 bedrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Skin Care Clinic Gym & Fitness Center Hotel & Motel Garden Center Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

995
Businesses Nearby

Demographics for 60629, IL

114,453
Population
36,283
Households
3.2
Avg Household Size
33
Median Age
14%
College-Educated
74%
High-School Grad
7.0 sq mi
ZIP Area
16,350
Density / Sq Mi
$58,813
Median Household Income
$34,635
Median Earnings
$1,106
Median Rent
$236,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Separate front and rear residences provide distinct layouts within this Chicago multifamily asset.
Where is this duplex located?
The property is located at 3501 W 61ST Place Chicago, IL.
What is the asking price?
The asking price for this property is $175,555.
What are key features of this property?
This property features: Two‑unit brick property at 3501 W 61ST Place; Built in 1926; Front residence offers three levels and 4 bedrooms
More about this property
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