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Duplex with Garage
New
For Sale
$215,000

1438 W 49th Place, Chicago, IL 60609

Two distinct residential units include a vacant first-floor apartment and a private garage.

Property SizeContact for details
Days on Market7

Property Features for 1438 W 49th Place

General Information

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

Units

Unit Mix 1 x 2BR, 1 x 3BR
Multifamily Units 2

Building Details

Year Built 1885
Year Renovated 2020
Buildings 1
Listing Agency: Dickerson & Nieman Realtors - Peru
Listed By: Nate Evans Group
Source: Illinoishomesearch
Added: Sep 30 Changed: Oct 6 Last Checked: Oct 5 at 5:56PM

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 Dickerson & Nieman Realtors - Peru

Investment Insights

Based on property information with market context.

This two-unit duplex, built in 1885, has a two-bedroom apartment on the first floor and a three-bedroom unit above. The first-floor apartment is vacant, and the property includes a two-car garage. Plumbing, electrical systems, and the roof were updated during a 2020 rehabilitation. The property is offered in as-is condition.

Key Highlights

  • Two‑unit duplex with a two‑bedroom first‑floor unit and three‑bedroom upper unit
  • First‑floor unit is vacant
  • Two‑car garage

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic HVAC Service Tech Support Center Gym & Fitness Center

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

1,067
Businesses Nearby

Demographics for 60609, IL

65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two distinct residential units include a vacant first-floor apartment and a private garage.
Where is this duplex located?
The property is located at 1438 W 49th Place Chicago, IL.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Two‑unit duplex with a two‑bedroom first‑floor unit and three‑bedroom upper unit; First‑floor unit is vacant; Two‑car garage
More about this property
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