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Updated Brick Duplex
New
For Sale
$450,000

3014 W Walnut Street, Chicago, IL 60612

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market2

Property Features for 3014 W Walnut Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bathroom 3, Bedroom 4, Bedroom 5, Bedroom 2, Bathroom 2, Basement, Bedroom 1, Bathroom 1
Parking 2
Parking features Garage
Basement Full, Finished
Elementary school South Loop Elementary School
Middle school South Loop Elementary School
High school Phillips Academy High School
Elementary school district 299
Middle school district 299
High school district 299
Directions WESTERN TO WALNUT, WEST TO PROPERTY
Subdivision CHI - East Garfield Park
Standard status Active
APN 16123090240000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 5999

Utilities

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

Amenities

shared laundry

Building Details

Building materials Brick
Roof type Flat
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: Scott Newman · License #471009246
Added: Aug 27 Last Checked: Aug 28 at 9:06AM
MLS# 12743557

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 brick duplex contains two distinct residences with a duplex-down lower unit offering 3 bedrooms and 2 baths, plus a second-floor simplex with 2 bedrooms and 1 bath. Both apartments include hardwood flooring, newer kitchen cabinetry, granite countertops, and stainless steel appliances. A shared laundry area is located on the lower level, while forced-air natural-gas heating serves the property. Gas and electric utilities are separately metered for each unit.

The building is located in Chicago’s East Garfield Park and is within a short walk of the Kedzie Green Line station, providing access toward downtown Chicago. Both residences are occupied under month-to-month leases. Additional property features include a garage, public water, public sewer, and a flat roof.

Key Highlights

  • Two‑unit brick building with a 3‑bedroom, 2‑bath duplex‑down and a 2‑bedroom, 1‑bath simplex
  • Both units feature hardwood floors, newer kitchen cabinets, granite countertops, and stainless steel appliances
  • Separate gas and electric meters for each residence

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Grooming Service Nursing Home 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
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,016
Businesses Nearby

Demographics for 60612, IL

34,402
Population
16,763
Households
2.1
Avg Household Size
34
Median Age
41%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
9,298
Density / Sq Mi
$60,457
Median Household Income
$46,582
Median Earnings
$1,330
Median Rent
$331,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two tenant-occupied units feature separate gas and electric metering, shared lower-level laundry, and garage parking.
Where is this duplex located?
The property is located at 3014 W Walnut Street Chicago, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two‑unit brick building with a 3‑bedroom, 2‑bath duplex‑down and a 2‑bedroom, 1‑bath simplex; Both units feature hardwood floors, newer kitchen cabinets, granite countertops, and stainless steel appliances; Separate gas and electric meters for each residence
More about this property
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