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Rehabbed Multi-Unit Residential Property
For Sale
$515,000
Pending

3134 West 42nd Street, Chicago, IL 60632

Two fully updated residential units each offer two bedrooms, plus a finished attic level with additional bedroom, bath, and kitchen.

Property SizeContact for details
Days on Market107

Property Features for 3134 West 42nd Street

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Two to Four Units / 2 Story Unit/S

Taxes and HOA fees

Annual Taxes $4,582

Building Details

Year Built 1924
Listing Agency: Chi Real Estate Group LLC
Listed By: Wing Ho · License #471017833
Source: Compass
Added: May 25 Changed: Aug 8 Last Checked: Jul 24 at 1:41PM

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 Chi Real Estate Group LLC

Investment Insights

Based on property information with market context.

This beautifully rehabbed, fully updated multi-unit property offers two residential units and a spacious attic level. Each of the two units features two bedrooms, comfortable living areas, and kitchens with brand-new appliances. An additional attic level adds extra usable space and flexibility, including a large bedroom, a full bathroom, and a kitchen with new appliances.

The property includes a 2-car garage and is conveniently located near shopping, dining, parks, schools, and public transportation, with easy access to downtown Chicago and surrounding neighborhoods.

Overall, the layout provides functional, updated living spaces across the two units and the attic level, supporting multiple ways to use the additional interior space.

Key Highlights

  • 1924‑built multi‑unit property with 2 residential units, each featuring 2 bedrooms and updated living areas.
  • Fully updated in 2025 with kitchens in both units that include brand‑new appliances.
  • Finished attic level adds extra usable space with a huge bedroom, full bathroom, and a kitchen with new appliances.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Daycare Center Accounting Firm (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

881
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two fully updated residential units each offer two bedrooms, plus a finished attic level with additional bedroom, bath, and kitchen.
Where is this duplex located?
The property is located at 3134 West 42nd Street Chicago, IL.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: 1924‑built multi‑unit property with 2 residential units, each featuring 2 bedrooms and updated living areas.; Fully updated in 2025 with kitchens in both units that include brand‑new appliances.; Finished attic level adds extra usable space with a huge bedroom, full bathroom, and a kitchen with new appliances.
More about this property
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