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Renovated Two-Flat Building
New
For Sale
$974,900

3230 N Keating Avenue, Chicago, IL 60641

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market3
Rey
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Property Features for 3230 N Keating Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 2, Bedroom 2, Basement, Bathroom 3
Parking 2
Parking features Garage
Patio and Porch features Deck, Patio
Exterior features Balcony
Fencing Fenced
Basement Finished, Full
Middle school Falconer Elementary School
Elementary school district 299
Middle school district 299
High school district 299
Directions Cicero to School, East to Keating, South on Keating to 3230
Subdivision CHI - Portage Park
Standard status Active
APN 13223190150000

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7932

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1921
Building materials Brick
Roof type Asphalt
Additional Structures Gazebo
Listing Agency: HomeSmart Connect LLC · HomeSmart International
Listed By: Brent McDonald
Added: Oct 13 Changed: Oct 15 Last Checked: Oct 15 at 1:06PM
MLS# 12784394

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 two-flat at 3230 N Keating Avenue underwent a comprehensive gut renovation. The building has a new roof, windows, tuckpointing, rear siding, and landscaping, along with updated plumbing, HVAC, and other mechanical systems. Each residence includes its own HVAC system, washer and dryer, tankless water heater, and electrical panel. Interior details include exposed brick, hardwood floors, and open-plan kitchens and baths. A finished garden-level unit is also present; its legal status as an ADU is not represented by the listing agent.

The property is near the Grayland Metra stop, the 77 bus line, I-90/94, and Kilbourn Park. Permit street parking is noted, and the property also has a garage, deck, patio, and fenced yard. The building was constructed in 1921 and has public water and sewer service.

Key Highlights

  • Legal two‑flat with comprehensive gut renovation
  • Three new gas meters and four new electrical panels, including a separate panel for the common area
  • New roof, windows, tuckpointing, rear siding, and landscaping

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Acupuncture (Bike/Boat/Book/etc) Store Home Appliance Store Bed & Breakfast Nursing Home

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
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 - Both residences have dedicated HVAC, in-unit laundry, and tankless water heaters.
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 two‑flat with comprehensive gut renovation; Three new gas meters and four new electrical panels, including a separate panel for the common area; New roof, windows, tuckpointing, rear siding, and landscaping
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