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Residential Income Duplex
For Sale
$495,000
Pending

1627 North Washtenaw Avenue, Chicago, IL 60647

For sale duplex and residential income property on North Washtenaw Avenue in Chicago.

Property SizeContact for details
Days on Market90

Property Features for 1627 North Washtenaw Avenue

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Two to Four Units / 2 Flat
Zoning MULTI

Taxes and HOA fees

Annual Taxes $11,225

Building Details

Year Built 1903
Listing Agency: RE/MAX LOYALTY
Listed By: Jaime Campos · License #475157922
Source: Compass
Added: Jun 11 Changed: Aug 8 Last Checked: Jul 24 at 1:54PM

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 LOYALTY

Investment Insights

Based on property information with market context.

This duplex and residential income property is being offered for sale. The asset is classified as a residential income multifamily duplex within the provided property types, making it suitable for buyers looking for an income-oriented housing structure.

The property is located at 1627 North Washtenaw Avenue in Chicago, Illinois (60647).

Key Highlights

  • Duplex and residential income property for sale on North Washtenaw Avenue in Chicago
  • Year built: 1903

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm HVAC Service Big Box & Wholesale Store Skin Care Clinic

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

2,034
Businesses Nearby

Demographics for 60647, IL

85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
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
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Frequently Asked Questions

What type of property is this?
Duplex - For sale duplex and residential income property on North Washtenaw Avenue in Chicago.
Where is this duplex located?
The property is located at 1627 North Washtenaw Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Duplex and residential income property for sale on North Washtenaw Avenue in Chicago; Year built: 1903
More about this property
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