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Two-Unit Duplex with Garage
New
For Sale
$199,900

1438 W 49th Place, Chicago, IL 60609

The two residences offer distinct bedroom configurations, with one arranged on the ground level and the other above.

Property SizeContact for details
Days on Market5

Property Features for 1438 W 49th Place

General Information

Standard status Active
Total Parking Spaces 2
Property subtype MULTI_FAMILY

Site & Location

Neighborhood Back of the Yards

Units

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

Taxes and HOA fees

Annual Taxes $848

Building Details

Year Built 1885
Year Renovated 2020
Stories 2
Listing Agency: RE/MAX Mi Casa
Listed By: Ubaldo Garcia · License #471001599
Source: Harkinsandassociates
Added: Oct 19 Changed: Oct 21 Last Checked: Oct 23 at 3:54PM

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 RE/MAX Mi Casa

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Investment Insights

Based on property information with market context.

This duplex contains two residences: a ground-floor unit with two bedrooms and an upper-level unit with three. A two-car garage is included. The property is being sold in as-is condition.

Rehabilitation work completed in 2020 included plumbing, electrical, and roof improvements. The ground-floor residence is expected to be vacant at closing, allowing access for showings.

Key Highlights

  • Two residences: one with 2 bedrooms and one with 3
  • Two‑car garage
  • Plumbing, electrical, and roof work completed in 2020

Property Analytics

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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

Frequently Asked Questions

What type of property is this?
Duplex - The two residences offer distinct bedroom configurations, with one arranged on the ground level and the other above.
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 $199,900.
What are key features of this property?
This property features: Two residences: one with 2 bedrooms and one with 3; Two‑car garage; Plumbing, electrical, and roof work completed in 2020
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