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Two-Unit Brick Income Property
New
For Sale
$498,000

3028 W 53rd Place, Chicago, IL 60632

MULTI_FAMILY - Chicago, IL

Lot Size0.25 Acres
Days on Market6

Property Features for 3028 W 53rd Place

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 2, Bathroom 1
Parking 2
Parking features Carport, Garage
Basement Full, Unfinished
Elementary school Sawyer Elementary School
Middle school Sawyer Elementary School
High school Curie Metropolitan High School
Elementary school district 299
Middle school district 299
High school district 299
Directions From S Kedzie Ave, turn East onto W 53rd Pl. Continue East to 3028 W 53rd Pl.
Subdivision CHI - Gage Park
Standard status Active
APN 19123170330000
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3243

Utilities

Sewer type Public Sewer
Heating system Steam

Amenities

hardwood floors
high ceilings
original wood trim
spacious living and dining rooms
cozy enclosed porches

Building Details

Year built 1923
Building materials Brick
Listing Agency: Chicagoland Brokers Inc.
Listed By: Ruben Orozco · License #475122420
Added: Jul 27 Changed: Jul 29 Last Checked: Aug 1 at 12:06PM
MLS# 12716064

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 solid brick two-unit property includes a full unfinished basement and multiple interior and layout features. Each unit offers hardwood floors, high ceilings, original wood trim, and spacious living and dining rooms, along with enclosed porches.

Set on an oversized lot, the property also provides on-site parking flexibility with a two-car garage and an additional carport.

Zoned for multi-family use, the building presents a straightforward income-oriented configuration for an owner seeking to renovate and improve the existing structure.

Key Highlights

  • Brick 2‑unit property built in 1923 with steam heating and public sewer
  • Unfinished basement offers additional space and renovation options
  • Units feature classic hardwood floors, high ceilings, and original wood trim

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage Acupuncture 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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

664
Businesses Nearby

Demographics for 60632, IL

92,237
Population
28,860
Households
3.2
Avg Household Size
33
Median Age
13%
College-Educated
69%
High-School Grad
7.4 sq mi
ZIP Area
12,464
Density / Sq Mi
$60,576
Median Household Income
$35,203
Median Earnings
$1,057
Median Rent
$240,600
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 - Solid brick 2-unit building with an unfinished basement, enclosed porches, and garage plus carport parking.
Where is this duplex located?
The property is located at 3028 W 53rd Place Chicago, IL.
What is the asking price?
The asking price for this property is $498,000.
What are key features of this property?
This property features: Brick 2‑unit property built in 1923 with steam heating and public sewer; Unfinished basement offers additional space and renovation options; Units feature classic hardwood floors, high ceilings, and original wood trim
More about this property
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