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Renovated Four-Unit Duplex Building
For Sale
$1,500,000
Pending

2245 W Shakespeare Avenue Chicago, Chicago, IL 60647

Brick apartment property with occupied duplex residences, in-unit laundry, and a private fenced yard near Holstein Park.

Property SizeContact for details
Days on Market56

Property Features for 2245 W Shakespeare Avenue Chicago

General Information

Standard status Pending
Property subtype Two to Four Units
Zoning MULTI
Occupancy 100%

Units

Unit Mix 4 x 2BR/2BA
Multifamily Units 4

Additional Details

Gross Income $118,800
Public Transit Yes

Taxes and HOA fees

Annual Taxes $16,921

Amenities

private fenced back yard
washer/dryer
8
11
4
Public
(708) 206-3003
25X105
0.05
No

Building Details

Year Built 1895
Buildings 1
Construction brick
Listing Agency:
Listed By: Debbie Hundal
Source: Remaxadream
Added: Jul 8 Changed: Aug 31 Last Checked: Aug 31 at 2:01AM

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 Debbie Hundal

Investment Insights

Based on property information with market context.

Built in 1895, this all-brick quadplex contains four duplex apartments, each configured with two bedrooms and two bathrooms. The building and residences have undergone renovations over the last 9 years, including replacement windows, exterior doors, plumbing, HVAC systems, and water heaters. Each unit includes a washer and dryer, while the appliances are in excellent condition. The property also offers a private fenced backyard and easy street parking.

All four apartments are currently occupied. The building is located in Chicago’s Bucktown and Holstein Park area, near the “L,” shops, restaurants, and parks. Holstein Park, directly across from the property at 3 acres, includes outdoor recreation facilities, two gymnasiums, an assembly hall, and a volleyball court. Zoning is MULTI.

Key Highlights

  • Four 2‑bedroom, 2‑bathroom duplex units
  • All‑brick building constructed in 1895
  • Building and units renovated over the last 9 years

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Butcher Clothing & Fashion Store Fish Market Accounting Firm

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

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,102
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Brick apartment property with occupied duplex residences, in-unit laundry, and a private fenced yard near Holstein Park.
Where is this quadplex located?
The property is located at 2245 W Shakespeare Avenue Chicago Chicago, IL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Four 2‑bedroom, 2‑bathroom duplex units; All‑brick building constructed in 1895; Building and units renovated over the last 9 years
More about this property
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