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Rebuilt Two-Unit Residential Income
For Sale
Contact for pricing
Pending

1507 W Hollywood Ave, Chicago, IL 60660

Rebuilt 2017 two-unit building with in-unit laundry, separate utilities, and an enclosed rear porch/sunroom for each unit.

Property SizeContact for details
Days on Market151

Property Features for 1507 W Hollywood Ave

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: @properties Christie's International Real Estate
Listed By: Maureen Murnane · License #IL
Source: Crexi
Added: Apr 11 Changed: Aug 25 Last Checked: Sep 8 at 4:58AM

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 @properties Christie's International Real Estate

Investment Insights

Based on property information with market context.

This rebuilt two-unit residential income property was completed in 2017 with new windows, updated electrical and plumbing, and a high ceiling dug-out basement. Each unit features enclosed, insulated back porches that can be used as sunrooms, along with in-unit washer/dryer. Utilities are separately billed.

The first-floor unit includes four bedrooms (two up and two down) with three full baths, an open living/dining/kitchen layout, and a walk-out lower level with additional bedroom, full bath, family room, and office or entertainment area with a wet bar and beverage fridge. The second-floor unit offers three bedrooms and two full baths, with open kitchen, living, and dining areas, and is rented through 6/2023.

The kitchens include stainless appliances (with cabinet-front refrigerators), granite counters, and engineered hardwood flooring throughout, with ample storage throughout the home. The property sits on a large 30 by 136 lot with room for a wide home, a generous back yard, and a two-car garage.

Key Highlights

  • Rebuilt in 2017 two‑unit building with new windows, electric, plumbing, and high‑ceiling dug‑out basement
  • Each unit has an enclosed rear porch/sunroom, in‑unit washer/dryer (WD), and separately billed utilities
  • 1st‑floor unit includes 4 bedrooms (2 up, 2 down), 3 full baths, open living/dining/kitchen, and walk‑out lower‑level family room

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Catering Service Home Appliance Store Tattoo & Piercing Shop Barber Shop Locksmith

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

3,165
Businesses Nearby

Demographics for 60660, IL

42,534
Population
23,508
Households
1.8
Avg Household Size
38
Median Age
57%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
32,718
Density / Sq Mi
$66,206
Median Household Income
$46,871
Median Earnings
$1,286
Median Rent
$287,500
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 - Rebuilt 2017 two-unit building with in-unit laundry, separate utilities, and an enclosed rear porch/sunroom for each unit.
Where is this duplex located?
The property is located at 1507 W Hollywood Ave Chicago, IL.
What are key features of this property?
This property features: Rebuilt in 2017 two‑unit building with new windows, electric, plumbing, and high‑ceiling dug‑out basement; Each unit has an enclosed rear porch/sunroom, in‑unit washer/dryer (WD), and separately billed utilities; 1st‑floor unit includes 4 bedrooms (2 up, 2 down), 3 full baths, open living/dining/kitchen, and walk‑out lower‑level family room
More about this property
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