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Duplex with Finished Attic
For Sale
$395,000

2541 S Springfield Ave, Chicago, IL 60623

Two residential units feature two-bedroom layouts, eat-in kitchens, living rooms, storage areas, and porch access.

Property SizeContact for details
Days on Market43

Property Features for 2541 S Springfield Ave

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1908
Listing Agency: Realty of America
Listed By: Angel Castillo · License #471021975
Source: Saladinosells
Added: Jul 24 Changed: Aug 30 Last Checked: Sep 4 at 8:52AM

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 Realty of America

Investment Insights

Based on property information with market context.

Built in 1908, this brick duplex contains two residential units, each arranged with two bedrooms, an eat-in kitchen, a living room, storage rooms, and porch access. The finished attic adds usable space, while a separate coach house provides additional space. Both apartments have updated furnaces and electrical systems, and the rear porch was completed in 2010.

The property includes a two-car garage and a rear driveway with 6-7 parking spaces. Long-term month-to-month tenants are currently in place, and the building is being offered as-is.

Key Highlights

  • Two‑unit brick duplex built in 1908
  • Finished attic and separate coach house provide additional space
  • Each unit includes 2 bedrooms, eat‑in kitchen, living room, storage rooms, and porch access

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

2,092
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units feature two-bedroom layouts, eat-in kitchens, living rooms, storage areas, and porch access.
Where is this duplex located?
The property is located at 2541 S Springfield Ave Chicago, IL.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Two‑unit brick duplex built in 1908; Finished attic and separate coach house provide additional space; Each unit includes 2 bedrooms, eat‑in kitchen, living room, storage rooms, and porch access
More about this property
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