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Rehabilitated Two-Unit Brick Duplex
For Sale
$519,900
Pending

2345 N Lockwood Avenue, Chicago, IL 60639

MULTI_FAMILY - Chicago, IL

Days on Market53

Property Features for 2345 N Lockwood Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Basement, Bedroom 1, Bathroom 1, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 2
Parking 2
Basement Unfinished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions Fullerton west of Laramie south to Lockwood
Subdivision CHI - Belmont Cragin
Standard status Pending
APN 13331030080000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 7235

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1925
Building materials Brick
Roof type Asphalt
Listing Agency: Betancourt Realty
Listed By: Joseph Betancourt · License #471008095
Added: Jun 10 Changed: Jul 29 Last Checked: Aug 1 at 7:06PM
MLS# 12674679

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This recently rehabbed brick duplex is move-in ready and offers two separate residential units with distinct gas forced-heating systems. The first-floor unit features 3 bedrooms and 1 bathroom, with six spacious rooms, freshly sanded hardwood floors throughout, and a super-large living room plus formal dining room. The gourmet kitchen includes quartz countertops, stainless steel appliances, an undermount sink, under-cabinet lighting, and 42-inch cabinetry with crown molding. The modern bathroom includes a glass-enclosed shower, and elegant crown molding extends through the living room, dining room, and kitchen. The second-floor unit provides 2 bedrooms and 1 bathroom, five rooms, hardwood floors, fresh paint, an updated modern bathroom, a gourmet kitchen with abundant cabinetry, and an enclosed porch. The property also includes a super-large, freshly painted unfinished basement for storage or future expansion, a spacious backyard, and a rear parking pad for two vehicles. Two brand new air conditioners have been installed.

Located near schools, shopping, parks, public transportation, and expressways, the home offers convenient everyday access for residents and tenants.

With both units updated and separately heated, this property is well suited to owner-occupants looking to live in one unit while renting the other, as well as investors seeking a turnkey two-flat with strong on-site utility and practical outdoor space.

Key Highlights

  • Brick 2‑flat built in 1925 with public water and public sewer.
  • First‑floor unit: 3 bedrooms, 1 bath, six rooms, freshly sanded hardwood floors, large living room and formal dining room.
  • First‑floor kitchen upgrades: quartz countertops, stainless steel appliances, undermount sink, under‑cabinet lighting, and 42 in cabinets with crown molding.

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
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,401
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Turnkey 2-flat with renovated interiors, separate heating, a large basement, and rear parking for two vehicles.
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 $519,900.
What are key features of this property?
This property features: Brick 2‑flat built in 1925 with public water and public sewer.; First‑floor unit: 3 bedrooms, 1 bath, six rooms, freshly sanded hardwood floors, large living room and formal dining room.; First‑floor kitchen upgrades: quartz countertops, stainless steel appliances, undermount sink, under‑cabinet lighting, and 42 in cabinets with crown molding.
More about this property
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