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Renovated Two-Unit Brick Duplex
New
For Sale
Under Contract
$949,900

1633 W Olive Avenue, Chicago, IL 60660

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market4

Property Features for 1633 W Olive Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Basement, Bedroom 2, Bathroom 4, Den, Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 3, Bathroom 1
Parking 1
Parking features Garage, Open
Fencing Fenced
Basement Unfinished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions South of Peterson west of Ashland
Subdivision CHI - Edgewater
Standard status Active Under Contract
APN 14064120170000

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10590

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air

Amenities

in-unit laundry
landscaped yard

Building Details

Building materials Brick
Roof type Asphalt
Listing Agency: Jameson Sotheby's Intl Realty
Listed By: Luke Jorwic · License #475154050
Added: Aug 19 Changed: Aug 22 Last Checked: Aug 22 at 11:06PM
MLS# 12735514

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 brick duplex contains two distinct residences with updated interiors and practical separation of living spaces. The upper unit offers two bedrooms and two bathrooms, including a primary suite, custom kitchen with stainless appliances, in-unit laundry, hardwood floors, and newer HVAC. The lower residence includes two bedrooms, a den, one full and one half bathroom, a kitchen with stainless appliances, central HVAC, and private basement laundry. A full basement provides additional space, while enclosed rear stairs lead to a landscaped, fenced yard. The property also includes a 1.5-car garage and public sewer service.

Located at 1633 W Olive Avenue in Chicago's Andersonville area, the property is close to Clark Street restaurants and transportation, including Metra. The building has an asphalt roof, natural-gas forced-air heating, and open parking in addition to the garage.

Key Highlights

  • Two‑unit duplex with updated interiors and flexible residential layout
  • Upper residence includes 2 bedrooms, 2 bathrooms, newer HVAC, hardwood floors, and in‑unit laundry
  • Lower unit features 2 bedrooms, a den, 1.1 baths, central HVAC, and private basement laundry

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Catering Service (Bike/Boat/Book/etc) Store Butcher Home Appliance Store Law Firm 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.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,353
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Brick duplex with separate laundry, HVAC, basement space, and a fenced rear yard.
Where is this duplex located?
The property is located at 1633 W Olive Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: Two‑unit duplex with updated interiors and flexible residential layout; Upper residence includes 2 bedrooms, 2 bathrooms, newer HVAC, hardwood floors, and in‑unit laundry; Lower unit features 2 bedrooms, a den, 1.1 baths, central HVAC, and private basement laundry
More about this property
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