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Oversized Frame 2-Flat with Garages
For Sale
$1,175,000

3322-26-28 S Parnell Avenue, Chicago, IL 60616

Oversized frame 2-flat with two 3-bed, 1-bath units and a garage for each unit.

Property SizeContact for details
Days on Market924

Property Features for 3322-26-28 S Parnell Avenue

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $13,149

Building Details

Year Built 1890
Listing Agency: Richland Global Inc
Listed By: Rowena Cheng · License #475135022
Source: Exitrealty
Added: Jan 29, 2024 Changed: Aug 8 Last Checked: Jul 21 at 4:13AM

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 Richland Global Inc

Investment Insights

Based on property information with market context.

This oversized frame 2-flat offers two separate residential units, with each unit featuring 3 bedrooms and 1 bathroom, along with a garage. The property is presented as including two vacant lots identified as 3326 and 3322 S Parnell, per the listing details and map.

The address is listed as 3322-26-28 S Parnell Avenue in Chicago, with walking distance to Guaranteed Rate Field and Armor Square Park.

The listing notes that the purchase structure may allow buying the 2-unit apartments separately, or purchasing the 2 units together with both vacant lots all at once, depending on how the transaction is arranged.

Key Highlights

  • Oversized frame 2‑flat built in 1890 with two separate residential units
  • Two 3‑bedroom, 1‑bath units (one garage per unit)
  • Walking distance to Guaranteed Rate Field

Property Analytics

Current Use

Duplexes

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

1,405
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 - Oversized frame 2-flat with two 3-bed, 1-bath units and a garage for each unit.
Where is this duplex located?
The property is located at 3322-26-28 S Parnell Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Oversized frame 2‑flat built in 1890 with two separate residential units; Two 3‑bedroom, 1‑bath units (one garage per unit); Walking distance to Guaranteed Rate Field
More about this property
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