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Duplex with Finished Basement
New
For Sale
$475,000

3923 N Newcastle Avenue, Chicago, IL 60634

Two-unit income property with fenced outdoor space, a detached garage, and separate utility responsibilities by floor.

Property SizeContact for details
Days on Market4

Property Features for 3923 N Newcastle Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi-Family

Additional Details

Public Transit Yes
Multifamily Units 2

Amenities

privacy fenced yard
Natural Gas
Forced Air
Porch, Asphalt

Building Details

Year Built 1913
Listing Agency: Hometown Real Estate Group
Listed By: Gary Machnik · License #475093313
Source: Kw
Added: Sep 4 Last Checked: Sep 6 at 7:05PM

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 Hometown Real Estate Group

Investment Insights

Based on property information with market context.

This Chicago duplex, built in 1913, contains two residential units with three bedrooms per unit. The first-floor residence includes a finished basement with a family room, full bathroom, and additional bedroom. A privacy-fenced yard, porch, asphalt exterior, and 2-car garage provide useful supporting features. The property has natural gas and forced-air systems, with a furnace approximately 7 years old. Updates include newer kitchen cabinets on the second floor, newer stove and refrigerator on the first floor, and a newer garage door opener.

Tenancies are month-to-month. The owner covers heat and water, along with gas and electric for the first-floor unit and basement; the second-floor tenant pays gas and electric for that unit. Schools, a park, shopping, and public transportation are within walking distance.

Key Highlights

  • Two‑unit duplex with 3 bedrooms in each residence
  • Finished basement includes a family room, full bath, and 1 bedroom
  • Privacy‑fenced yard with porch and 2‑car garage

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Acupuncture (Bike/Boat/Book/etc) Store Gym & Fitness Center Food Market

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

Location Intelligence

Trade Area within ½ mile

977
Businesses Nearby

Demographics for 60634, IL

75,694
Population
29,344
Households
2.6
Avg Household Size
41
Median Age
27%
College-Educated
87%
High-School Grad
7.1 sq mi
ZIP Area
10,661
Density / Sq Mi
$84,997
Median Household Income
$46,694
Median Earnings
$1,271
Median Rent
$333,900
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 - Two-unit income property with fenced outdoor space, a detached garage, and separate utility responsibilities by floor.
Where is this duplex located?
The property is located at 3923 N Newcastle Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two‑unit duplex with 3 bedrooms in each residence; Finished basement includes a family room, full bath, and 1 bedroom; Privacy‑fenced yard with porch and 2‑car garage
More about this property
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