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Duplex with Two Detached Garages
For Sale
$229,900

197 N Cleveland Avenue, Bradley, IL 60915

Two separate residences with detached garages and basements, offering a turnkey setup with existing renters.

Property SizeContact for details
Days on Market106

Property Features for 197 N Cleveland Avenue

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Business Included Yes
Multifamily Units 2

Amenities

Natural Gas
Listing Agency: LaMore Realty
Listed By: Gina LaMore · License #471019428
Source: Kw
Added: Jun 22 Changed: Oct 4 Last Checked: Oct 4 at 8:41AM

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 LaMore Realty

Investment Insights

Based on property information with market context.

This duplex includes two distinct detached homes, each with its own basement and detached garage. The main residence features an open-concept living room, a large kitchen, two bedrooms, two bathrooms, and access to a detached 2-car garage. The second home provides one bedroom, one bathroom, a basement, and a dedicated detached 1-car garage.

Located at 197 N Cleveland Avenue in Bradley, IL 60915, the property is configured to support either shared ownership or rental use across both units. Public remarks indicate the current renters would like to stay, which can help reduce near-term uncertainty for an owner-operator or investor.

Recent improvements include a new roof and gutters. Additional updates are in progress, with a couple of new windows coming soon. With separate unit layouts and independent garages, the property can appeal to buyers seeking an owner-occupied arrangement alongside rental income, or to investors looking for a duplex structure already set up for occupied use.

Key Highlights

  • Two separate residences on one property, each with its own detached garage and basement
  • Main home features 2 bedrooms, 2 bathrooms, an open‑concept living room, large kitchen, full basement, and access to a detached 2‑car garage
  • Second home features 1 bedroom, 1 bathroom, a basement, and a dedicated detached 1‑car garage

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Carpet & Flooring Store (Bike/Boat/Book/etc) Store 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
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

568
Businesses Nearby

Demographics for 60915, IL

10,128
Population
4,274
Households
2.4
Avg Household Size
38
Median Age
9%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
2,979
Density / Sq Mi
$55,773
Median Household Income
$37,979
Median Earnings
$1,106
Median Rent
$143,100
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences with detached garages and basements, offering a turnkey setup with existing renters.
Where is this duplex located?
The property is located at 197 N Cleveland Avenue Bradley, IL.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Two separate residences on one property, each with its own detached garage and basement; Main home features 2 bedrooms, 2 bathrooms, an open‑concept living room, large kitchen, full basement, and access to a detached 2‑car garage; Second home features 1 bedroom, 1 bathroom, a basement, and a dedicated detached 1‑car garage
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