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Two-Unit Brick Duplex with Garage
New
For Sale
$359,000

3240 S Parnell Avenue, Chicago, IL 60616

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market3

Property Features for 3240 S Parnell Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 2
Parking 2
Parking features Garage
Patio and Porch features Deck
Elementary school district 299
Middle school district 299
High school district 299
Directions 31ST STREET, EAST OF HALSTED TO PARNELL, SOUTH TO PROPERTY
Subdivision CHI - Bridgeport
Standard status Active
APN 17331120350000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 7595

Utilities

Heating system Natural Gas

Amenities

deck
enclosed back porch

Building Details

Year built 1883
Building materials Brick
Roof type Asphalt
Listing Agency: Chicagoland Brokers, Inc.
Listed By: Jack Stempien · License #475122921
Added: Aug 26 Changed: Aug 28 Last Checked: Aug 28 at 11:06AM
MLS# 12743395

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.

Built in 1883, this brick duplex contains two residential units with matching two-bedroom layouts. Each residence includes separate living and dining rooms, a kitchen, and a bathroom. An enclosed rear porch offers the potential for conversion into an office or an additional bedroom, while the second floor includes a deck.

The property also includes a two-car garage and uses natural-gas heating. An asphalt roof completes the existing improvements. Located on a quiet residential street in Chicago’s Bridgeport area, the building is a short walk from Comiskey Park, home of the White Sox. The property is offered as-is and requires renovation.

Key Highlights

  • Two‑unit duplex with 2 bedrooms in each residence
  • Brick construction completed in 1883
  • Two‑car garage included

Property Analytics

Current Use

Piraino Enterprises Marketing & Advertising

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical Service Skin Care Clinic

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
Paved road access

Location Intelligence

Trade Area within ½ mile

1,407
Businesses Nearby

Demographics for 60616, IL

54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
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 - Each residence provides two bedrooms, distinct living and dining areas, a kitchen, and a full bathroom.
Where is this duplex located?
The property is located at 3240 S Parnell Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms in each residence; Brick construction completed in 1883; Two‑car garage included
More about this property
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