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Two-Unit Duplex with Roof Deck
New
For Sale
$599,900

2423 N Lawndale Ave, Chicago, IL 60647

Legal two-unit property with separate egresses, a rooftop deck, and a configuration that can accommodate an in-law unit.

Property SizeContact for details
Days on Market4

Property Features for 2423 N Lawndale Ave

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 1 x 3BR/1BA, 1 x 4BR/2BA
Multifamily Units 2

Amenities

rooftop deck
roof deck over garage

Building Details

Year Built 1888
Listing Agency: Woodhaven Lakes Realty Inc
Listed By: Nate Evans Group
Source: Illinoishomesearch
Added: Sep 7 Changed: Sep 10 Last Checked: Sep 10 at 6:12AM

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 Woodhaven Lakes Realty Inc

Investment Insights

Based on property information with market context.

This legal two-unit residential property was built in 1888 and includes a duplex-up arrangement with separate egresses. The upper configuration may also function as an independent in-law unit. A rooftop deck sits above the garage and connects to the main house by catwalk. The property is being sold as-is.

The main floor has gas forced-air heat and window air conditioners. HVAC serving the second floor is shared with the upper level. The roof is 20 years old and received a complete tear-off with new gutters. Other updates include windows that are 15 years old, three 100-amp circuit breaker panels, copper plumbing installed approximately 5 years ago, a main-floor water heater approximately 2 years old, and main-floor and attic heaters 3–4 years old. Located at 2423 N Lawndale Ave in Chicago, Illinois.

Key Highlights

  • Legal 2‑unit property with separate egresses
  • Duplex‑up layout with potential for a separate in‑law unit
  • Rooftop deck built over the garage in 1992

Property Analytics

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Current Use

Duplexes

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

2,032
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 - Legal two-unit property with separate egresses, a rooftop deck, and a configuration that can accommodate an in-law unit.
Where is this duplex located?
The property is located at 2423 N Lawndale Ave Chicago, IL.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Legal 2‑unit property with separate egresses; Duplex‑up layout with potential for a separate in‑law unit; Rooftop deck built over the garage in 1992
More about this property
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