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Two-Unit Duplex
New
For Sale
$385,000

1409 W Grand Avenue, Chicago, IL 60642

The property is zoned B1-2 and is being sold in its current condition.

Property SizeContact for details
Days on Market5

Property Features for 1409 W Grand Avenue

General Information

Standard status Active
Property subtype Multi-Family
Zoning B1-2

Property Condition

Severity Teardown
Evidence TEAR DOWN

Amenities

Natural Gas
Asphalt
Listing Agency: Avenue 1 Realty Group
Listed By: Ronald Ohr · License #475103671
Source: Kw
Added: Sep 28 Changed: Sep 30 Last Checked: Oct 1 at 9:36AM

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 Avenue 1 Realty Group

Investment Insights

Based on property information with market context.

This two-unit duplex is zoned B1-2 and is offered in its current condition. Natural gas is listed among the interior features, and the exterior feature is asphalt.

Key Highlights

  • Two‑unit property
  • Zoned B1‑2
  • Sold as‑is

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Nursing Home Restaurant Carpet & Flooring Store Adult Day Care

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

5,109
Businesses Nearby

Demographics for 60642, IL

21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - The property is zoned B1-2 and is being sold in its current condition.
Where is this duplex located?
The property is located at 1409 W Grand Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Two‑unit property; Zoned B1‑2; Sold as‑is
More about this property
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