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Two-Unit Duplex Building with Adjacent Lot
For Sale
Contact for pricing
Pending

3316 S Western Ave, Chicago, IL 60608

Legal two-unit property with oversized apartments, hardwood floors, separate utilities, basement space, and a substantial attic.

Property SizeContact for details
Days on Market147

Property Features for 3316 S Western Ave

General Information

Standard status Pending
Property subtype Multifamily

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 2 x 3BR
Multifamily Units 2

Amenities

back porches
basement
attic

Building Details

Buildings 1
Listing Agency: @properties
Listed By: Jim Hankes · License #IL
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Sep 4 at 6:58AM

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 @properties

Investment Insights

Based on property information with market context.

This legal two-unit building contains two three-bedroom apartments, each exceeding 1,200 square feet. Both residences include large kitchens with pantries, dining and living rooms, generous closet storage, and rear porches. Original hardwood flooring runs throughout the building. The property also includes a full semi-finished basement with plumbing for a bathroom, along with a large attic and an adjacent city lot. First-floor heating is provided by a furnace, while the second-floor apartment uses a Siegler space heater. Gas and electric service are separately metered for each unit. The sale is offered AS IS.

The property is near I-55 and I-94 with access to public transportation. McKinley Park, the city boat launch, Chinatown, Pilsen, Little Italy, and the Loop are all identified as nearby destinations. The building offers an existing two-apartment configuration with additional basement and attic areas for future design work.

Key Highlights

  • Legal 2‑unit building with two 3‑bedroom apartments
  • Each apartment exceeds 1,200 sq ft
  • Adjacent city lot included with the property

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Nursing Home Florist Butcher Discount 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.

Lease Details

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,213
Businesses Nearby

Demographics for 60608, IL

75,770
Population
32,617
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
12,221
Density / Sq Mi
$70,704
Median Household Income
$42,211
Median Earnings
$1,208
Median Rent
$341,500
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 - Legal two-unit property with oversized apartments, hardwood floors, separate utilities, basement space, and a substantial attic.
Where is this duplex located?
The property is located at 3316 S Western Ave Chicago, IL.
What are key features of this property?
This property features: Legal 2‑unit building with two 3‑bedroom apartments; Each apartment exceeds 1,200 sq ft; Adjacent city lot included with the property
More about this property
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