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Two-Unit Multifamily Property
For Sale
$475,000

2320 S Albany Avenue, Chicago, IL 60623

Two-unit property with updated interiors and new roof.

Property SizeContact for details
Days on Market151

Property Features for 2320 S Albany Avenue

General Information

Standard status Active
Property subtype Multi-Family

Amenities

Natural Gas
Deck, Patio, Porch

Building Details

Year Built 1885
Listing Agency: Keller Williams Chicago ONEChicago
Listed By: Andres Olaez · License #475180182
Source: Kw
Added: Mar 27 Changed: Aug 23 Last Checked: Aug 24 at 3:12PM

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 Keller Williams Chicago ONEChicago

Investment Insights

Based on property information with market context.

This two-unit multifamily property features spacious interiors. The property includes a new roof and siding, along with several interior updates. There are a total of 5 bedrooms and 3 full bathrooms. Each unit is equipped with its own laundry space. The property is presented as an investment opportunity.

Key Highlights

  • Two‑unit multifamily property - ideal investment opportunity.
  • New roof and siding.
  • Spacious and beautiful interiors.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Hotel & Motel Skin Care Clinic Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,967
Businesses Nearby

Demographics for 60623, IL

87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
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?
Duplex - Two-unit property with updated interiors and new roof.
Where is this duplex located?
The property is located at 2320 S Albany Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two‑unit multifamily property - ideal investment opportunity.; New roof and siding.; Spacious and beautiful interiors.
More about this property
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