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Rehabilitated 2-Flat Building
New
For Sale
$974,900

3230 N Keating Avenue, Chicago, IL 60641

Each residence has dedicated HVAC, in-unit laundry, tankless water heating, and a separate electrical panel.

Property SizeContact for details
Days on Market2

Property Features for 3230 N Keating Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income
Zoning MULTI

Site & Location

Neighborhood North Side
Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Multifamily Units 2
Individually Metered Utilities gas, electricity

Taxes and HOA fees

Annual Taxes $7,932

Amenities

Balcony

Building Details

Year Built 1921
Buildings 1
Listing Agency: HomeSmart Connect LLC
Listed By: Brent McDonald
Source: Fishmangroup
Added: Oct 23 Last Checked: Oct 23 at 3:33PM

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 HomeSmart Connect LLC

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Investment Insights

Based on property information with market context.

This Chicago 2-flat, built in 1921, has undergone a comprehensive rehabilitation. Both residences feature exposed brick, visible ductwork, hardwood floors, open layouts, and designer-finished kitchens and baths. Each unit has its own HVAC system, washer and dryer, tankless water heater, and electrical panel. A heated rear porch provides additional interior space. Building upgrades include a new roof and windows, tuckpointing, rear siding, and updated plumbing, electrical, and HVAC systems. Three gas meters and four electrical panels serve the property, including a separate panel for common areas.

The property is at 3230 N Keating Avenue, near I-90/94, the Grayland Metra stop, the 77 bus line, Kilbourn Park, and the 6 Corners shopping district. The lot includes a rear yard, and permit street parking is available nearby.

Key Highlights

  • Legal 2‑flat with a comprehensive rehabilitation
  • Each unit has dedicated HVAC, in‑unit washer and dryer, and a tankless water heater
  • Four electrical panels, including a separate common‑area panel, and 3 new gas meters

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,607
Businesses Nearby

Demographics for 60641, IL

69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has dedicated HVAC, in-unit laundry, tankless water heating, and a separate electrical panel.
Where is this duplex located?
The property is located at 3230 N Keating Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $974,900.
What are key features of this property?
This property features: Legal 2‑flat with a comprehensive rehabilitation; Each unit has dedicated HVAC, in‑unit washer and dryer, and a tankless water heater; Four electrical panels, including a separate common‑area panel, and 3 new gas meters
More about this property
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