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Rehabbed Brick Duplex with Parking
New
For Sale
$550,000

2345 N Lockwood Avenue, Chicago, IL 60639

Two-unit brick property with updated interiors, separate heating systems, basement storage, and a two-vehicle rear parking pad.

Property SizeContact for details
Days on Market2

Property Features for 2345 N Lockwood Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi-Family

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units 2

Amenities

Natural Gas
Forced Air
Asphalt

Building Details

Year Built 1925
Buildings 1
Construction brick
Listing Agency: Betancourt Realty
Listed By: Joseph Betancourt · License #471008095
Source: Kw
Added: Sep 4 Last Checked: Sep 4 at 2:12PM

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 Betancourt Realty

Investment Insights

Based on property information with market context.

Built in 1925, this brick duplex includes two distinct residential units with refreshed finishes and separate gas forced-air heating systems. The first-floor residence provides 3 bedrooms, 1 bathroom, six rooms, hardwood flooring, a large living room, formal dining area, and a renovated kitchen with quartz counters, stainless steel appliances, a undermount sink, under-cabinet lighting, and 42-inch cabinetry. Its bathroom has a glass-enclosed shower. The second-floor unit offers 2 bedrooms, 1 bathroom, five rooms, hardwood floors, updated kitchen and bath finishes, and an enclosed porch.

Additional property features include a large unfinished basement, two recently installed air conditioners, a spacious backyard, and a rear parking pad for two vehicles. The property is located near schools, shopping, parks, public transportation, and expressways at 2345 N Lockwood Avenue in Chicago.

Key Highlights

  • Two‑unit brick duplex built in 1925
  • First‑floor unit with 3 bedrooms, 1 bathroom, and six rooms
  • Second‑floor unit with 2 bedrooms, 1 bathroom, and five rooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store Gym & Fitness 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.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,552
Businesses Nearby

Demographics for 60639, IL

89,543
Population
28,656
Households
3.1
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
5.0 sq mi
ZIP Area
17,909
Density / Sq Mi
$59,710
Median Household Income
$34,846
Median Earnings
$1,212
Median Rent
$289,000
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-unit brick property with updated interiors, separate heating systems, basement storage, and a two-vehicle rear parking pad.
Where is this duplex located?
The property is located at 2345 N Lockwood Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two‑unit brick duplex built in 1925; First‑floor unit with 3 bedrooms, 1 bathroom, and six rooms; Second‑floor unit with 2 bedrooms, 1 bathroom, and five rooms
More about this property
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