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Updated Two-Unit Duplex
New
For Sale
$850,000

2265 W Diversey Avenue, Chicago, IL 60647

Both residences have three bedrooms, two full bathrooms, and in-unit laundry; the property also includes a detached garage and parking pad.

Property SizeContact for details
Days on Market5

Property Features for 2265 W Diversey Avenue

General Information

Standard status Active
Total Parking Spaces 3
Property subtype MULTI_FAMILY

Site & Location

Highway Access Yes
Public Transit Yes

Units

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

Taxes and HOA fees

Annual Taxes $11,064

Amenities

in-unit laundry
fully fenced yard

Building Details

Year Built 1908
Buildings 1
Listing Agency: Compass
Listed By: Tim Lorimer · License #475175866
Source: Cnetproperties
Added: Sep 23 Changed: Sep 26 Last Checked: Sep 26 at 2:54PM

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 Compass

Investment Insights

Based on property information with market context.

This legal two-flat was built in 1908 and is vacant. Each unit contains three bedrooms, two full bathrooms, updated kitchens and bathrooms, new flooring, and in-unit laundry. The unfinished basement offers additional space, while the fenced yard, two-car garage, and exterior parking pad add to the property’s physical features. The roof was replaced in 2025, and the porches and decks were rebuilt in 2023.

The property is at 2265 W Diversey Avenue in Chicago, with access to public transportation and the expressway. Shopping and dining options, Target, and Costco are also identified nearby.

Key Highlights

  • Legal two‑flat with two vacant units
  • Each unit has 3 bedrooms, 2 full bathrooms, updated kitchens and baths, and in‑unit laundry
  • Roof replaced in 2025; porches and decks updated in 2023

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Nursing Home Butcher Clothing & Fashion Store HVAC Service

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,202
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
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 - Both residences have three bedrooms, two full bathrooms, and in-unit laundry; the property also includes a detached garage and parking pad.
Where is this duplex located?
The property is located at 2265 W Diversey Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Legal two‑flat with two vacant units; Each unit has 3 bedrooms, 2 full bathrooms, updated kitchens and baths, and in‑unit laundry; Roof replaced in 2025; porches and decks updated in 2023
More about this property
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