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Two-Unit Residential Duplex

154 N Lamon Avenue, Chicago, IL 60644

For Sale
$611,000

Two occupied residences offer separate layouts, updated kitchens, and a two-car garage.

Property SizeContact for details
Days on Market49

Property Features for 154 N Lamon Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype MULTI_FAMILY
Occupancy 100%

Financials

Gross Income $60,000
Average Monthly Rent $2,500

Units

Unit Mix 1 x 4BR/2BA, 1 x 3BR/2BA
Multifamily Units 2

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $4,227

Amenities

in-unit laundry
backyard

Building Details

Year Built 1918
Buildings 1
Tenancy Multi
Listing Agency: Coldwell Banker Realty
Listed By: Patrick Teague
Source: Bradlippitz
Added: Sep 22 Changed: Nov 8 Last Checked: Nov 8 at 4:58PM

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 Coldwell Banker Realty

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Investment Insights

Based on property information with market context.

At 154 N Lamon Avenue in Chicago, this 1918 residential duplex contains two occupied units. The lower residence extends into the basement and has four bedrooms, two full bathrooms, living and dining rooms, a den, a recreation room, and in-unit laundry. The upper unit includes three bedrooms, two full bathrooms, and a sunroom or den.

Both residences have refinished hardwood flooring, stainless steel kitchen appliances, quartz countertops, and updated lighting. The property also includes a two-car garage and a backyard. Tenancies are month-to-month.

Key Highlights

  • Two units: a four‑bedroom lower duplex and a three‑bedroom upper residence
  • Both units include two full bathrooms
  • Lower unit has in‑unit laundry, a den, and a recreation room

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

972
Businesses Nearby

Demographics for 60644, IL

47,239
Population
20,619
Households
2.3
Avg Household Size
36
Median Age
11%
College-Educated
85%
High-School Grad
3.5 sq mi
ZIP Area
13,497
Density / Sq Mi
$37,952
Median Household Income
$31,304
Median Earnings
$1,096
Median Rent
$238,300
Median Home Value
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Market

Properties on Market for Duplexes in Chicago

Jul
Aug
Sep
Oct

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 - Two occupied residences offer separate layouts, updated kitchens, and a two-car garage.
Where is this duplex located?
The property is located at 154 N Lamon Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $611,000.
What are key features of this property?
This property features: Two units: a four‑bedroom lower duplex and a three‑bedroom upper residence; Both units include two full bathrooms; Lower unit has in‑unit laundry, a den, and a recreation room
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