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Duplex With Coach House
For Sale
$350,000

2702 S Spaulding Avenue, Chicago, IL 60623

Refreshed interiors and tenant-paid heat and electricity support the property's multi-unit operating profile.

Property SizeContact for details
Days on Market9

Property Features for 2702 S Spaulding Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,826

Building Details

Year Built 1898
Listing Agency: Forte Properties, Inc.
Listed By: John Warren · License #471020680
Source: Birdrealtysells
Added: Aug 13 Changed: Aug 18 Last Checked: Aug 20 at 2:24PM

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 Forte Properties, Inc.

Investment Insights

Based on property information with market context.

This legal two-unit property includes a main building with two 3-bedroom residences, each offering spacious living areas with abundant natural light. A separate coach house adds a 2-bedroom layout and additional living space, creating a broader residential configuration. The units and coach house have been updated within the past several years with new flooring, paint, countertops, and stainless steel appliances.

Recent property work includes tuckpointing and installation of a new sump pump in 2024. Tenants are responsible for their own heat and electricity. The property is situated near the 26th Street commercial corridor, where grocery stores, restaurants, shopping, and transportation options are nearby.

Key Highlights

  • Main building contains two 3‑bedroom units
  • Separate coach house with 2 bedrooms and additional living space
  • Interiors refreshed within the past several years

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store HVAC Service Hotel & Motel Garden 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

Location Intelligence

Trade Area within ½ mile

1,378
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 - Refreshed interiors and tenant-paid heat and electricity support the property's multi-unit operating profile.
Where is this duplex located?
The property is located at 2702 S Spaulding Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Main building contains two 3‑bedroom units; Separate coach house with 2 bedrooms and additional living space; Interiors refreshed within the past several years
More about this property
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