Search
Two-Unit Duplex with Garage
For Sale
$319,900

1622 N 40TH Avenue, Stone Park, IL 60165

Residential Income, Stone Park, IL

Property SizeContact for details
Days on Market48

Property Features for 1622 N 40TH Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 3
Parking 1
Parking features Garage
Elementary school district 88
Middle school district 88
High school district 209
Directions MANNHIEM TO DIVISION E TO 40TH N TO PROPERTY
Subdivision Stone Park
Special listing conditions Short Sale
Standard status Active
APN 15041160750000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 7622

Utilities

Heating system Baseboard, Steam

Building Details

Year built 1945
Building materials Frame
Listing Agency: T.K. Realty Inc · Century 21 Real Estate
Listed By: Oralia Herrera · License #471000493
Added: Jul 17 Changed: Aug 23 Last Checked: Sep 2 at 6:06PM
MLS# 12701140

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.

Built in 1945, this frame duplex contains two residential units with a practical bedroom mix: one three-bedroom residence and one two-bedroom residence. The property includes a one-car garage, while heating is provided by steam and baseboard systems.

Both units are currently rented, and the property has no reported history of vacancies. The building is located at 1622 N 40TH Avenue in Stone Park, Illinois, within Cook County and ZIP code 60165.

Key Highlights

  • Two‑unit duplex with one 3‑bedroom residence and one 2‑bedroom residence
  • Both units are currently rented with no reported history of vacancies
  • One‑car garage included

Property Analytics

Current Use

Duplexes

Suggested Use

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

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

685
Businesses Nearby

Demographics for 60165, IL

4,576
Population
1,364
Households
3.4
Avg Household Size
33
Median Age
8%
College-Educated
58%
High-School Grad
0.3 sq mi
ZIP Area
15,253
Density / Sq Mi
$75,165
Median Household Income
$34,744
Median Earnings
$1,222
Median Rent
$218,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Frame construction and an on-site garage support a residential income property with tenants already in place.
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: Two‑unit duplex with one 3‑bedroom residence and one 2‑bedroom residence; Both units are currently rented with no reported history of vacancies; One‑car garage included
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message