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Two-Unit Duplex with Basement
New
For Sale
$399,000

1939 N Keystone Ave, Chicago, IL 60639

Both apartments have forced-air heat, and the property includes a garage currently rented to a neighbor.

Property SizeContact for details
Days on Market3

Property Features for 1939 N Keystone Ave

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Neighborhood Hermosa

Units

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

Additional Details

Tenant in Place Yes

Amenities

washer/dryer hookup

Building Details

Year Built 1894
Buildings 1
Listing Agency: Exp Realty
Listed By: Thomas Bezanes · License #471018395
Source: Highriseschicago
Added: Oct 30 Changed: Oct 31 Last Checked: Oct 30 at 2:51PM

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 Exp Realty

Rey
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Investment Insights

Based on property information with market context.

This two-unit duplex in Chicago’s Hermosa neighborhood has a two-bedroom apartment with one bathroom and a three-bedroom apartment with one bathroom. Hardwood floors run throughout both units, and each is served by forced-air heat. The building dates to 1894.

A partially finished basement adds a full bathroom and washer and dryer hookups. The property also includes a 1.5-car garage. Both apartments are occupied by long-term tenants on month-to-month leases; the tenants have been in place for five and eight years. The units show wear, and interior photos depict their condition before the current tenants moved in.

Key Highlights

  • Two apartments: one with 2 bedrooms and 1 bathroom, the other with 3 bedrooms and 1 bathroom
  • Partially finished basement with a full bathroom and washer and dryer hookups
  • 1.5‑car garage rented to a neighbor

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,883
Businesses Nearby

Demographics for 60639, IL

89,543
Population
28,656
Households
3.1
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
5.0 sq mi
ZIP Area
17,909
Density / Sq Mi
$59,710
Median Household Income
$34,846
Median Earnings
$1,212
Median Rent
$289,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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 - Both apartments have forced-air heat, and the property includes a garage currently rented to a neighbor.
Where is this duplex located?
The property is located at 1939 N Keystone Ave Chicago, IL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Two apartments: one with 2 bedrooms and 1 bathroom, the other with 3 bedrooms and 1 bathroom; Partially finished basement with a full bathroom and washer and dryer hookups; 1.5‑car garage rented to a neighbor
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