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Two-Unit Residential Income Property

1622 N 40TH Avenue Stone Park, IL 60165

New
1622 N 40TH Avenue, Stone Park, IL, 60165
$319,900
For Sale
$319,900

MULTI_FAMILY - Stone Park, IL

Days on Market2

Property Features for 1622 N 40TH Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 4
Parking
1
Parking features
Garage
Standard status
Active
APN
15041160750000

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
7622

Utilities

Heating system
Steam, Baseboard

Building Details

Year built
1945
Building materials
Frame
Listing Agency T.K. Realty Inc
861 W. Lake Street, Addison, IL
Listed by Oralia Herrera · License #471000493
Added: Jul 17 Checked: Jul 18 at 1:06 pm
MLS# 12701140 Listing URL

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This two-unit apartment building offers residential income with two separate units: a spacious 3-bedroom unit and a comfortable 2-bedroom unit. The property also includes a 1-car garage, adding practical off-street convenience for residents.

The building is located at 1622 N 40TH Avenue in Stone Park, Illinois (Cook County). The seller’s remarks indicate the property is fully rented and has no history of vacancies.

As presented, the configuration is designed to support continued tenant occupancy, with both unit sizes providing leasing options across different household needs.

Key Highlights

  • 2‑unit apartment building built in 1945
  • 2‑bedroom and 3‑bedroom unit layout
  • Fully rented with a proven rental history and no history of vacancies reported

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Pet Grooming Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store Butcher (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit apartment building with one 3-bedroom unit and one 2-bedroom unit plus a 1-car garage.
Where is this duplex located?
The property is located at 1622 N 40TH Avenue Stone Park, IL.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: 2‑unit apartment building built in 1945; 2‑bedroom and 3‑bedroom unit layout; Fully rented with a proven rental history and no history of vacancies reported
Contact an agent
More about this property
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