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Updated Duplex
For Sale
$999,880

220 S Hoyne Avenue, Chicago, IL 60612

Two occupied units feature matching layouts and updated kitchens with stainless steel appliances.

Property SizeContact for details
Days on Market96

Property Features for 220 S Hoyne Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY
Occupancy 100%

Taxes and HOA fees

Annual Taxes $11,009

Building Details

Year Built 1995
Buildings 1
Tenancy Multi
Listing Agency: Concentric Realty, Inc
Listed By: Yvonne Yen · License #475118747
Source: Harkinsandassociates
Added: May 18 Changed: Aug 18 Last Checked: Aug 21 at 10:12AM

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 Concentric Realty, Inc

Investment Insights

Based on property information with market context.

This two-unit residential income property was built in 1995 and includes matching floor plans. Each unit has an updated kitchen with stainless steel appliances, maple cabinetry, and granite countertops. Newer flooring and sidewalks are also part of the property improvements.

Both units are occupied by tenants, and the sale is offered in AS-IS condition. The property is within a 10-minute walk of the United Center. Showings require buyer-agent accompaniment, and tenants should not be disturbed.

Key Highlights

  • Two‑unit building with identical floor plans
  • Updated kitchens with stainless steel appliances, maple cabinets, and granite countertops
  • Both units are occupied by tenants

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Accounting Firm (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Restaurant Carpet & Flooring 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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

6,495
Businesses Nearby

Demographics for 60612, IL

34,402
Population
16,763
Households
2.1
Avg Household Size
34
Median Age
41%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
9,298
Density / Sq Mi
$60,457
Median Household Income
$46,582
Median Earnings
$1,330
Median Rent
$331,600
Median Home Value

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 occupied units feature matching layouts and updated kitchens with stainless steel appliances.
Where is this duplex located?
The property is located at 220 S Hoyne Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $999,880.
What are key features of this property?
This property features: Two‑unit building with identical floor plans; Updated kitchens with stainless steel appliances, maple cabinets, and granite countertops; Both units are occupied by tenants
More about this property
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