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Two-Unit Duplex with Separate Utilities
For Sale
$75,900

34 3rd St, Savanna, IL 61074

Two independently configured units offer separate gas and electric service, private entrances, and distinct living spaces.

Property SizeContact for details
Days on Market8

Property Features for 34 3rd St

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Utilities to Site Yes

Amenities

built-in firepit area
covered patio
built-in bookshelves
updated bathroom with walk-in tiled shower
decorative fireplace
central air
window A/C unit
private entrance
bar-style dining area
separate gas and electric service
two separate water heaters
front deck

Building Details

Year Built 1883
Stories 2
Tenancy Multi
Listing Agency: Premier Chicago Real Estate
Listed By: The Luxe Home Team
Source: Theluxehometeam
Added: Sep 15 Changed: Sep 21 Last Checked: Sep 21 at 7:04AM

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 Premier Chicago Real Estate

Investment Insights

Based on property information with market context.

Built in 1883, this duplex includes a lower-level one-bedroom unit and a second-floor two-bedroom unit. The lower residence features a galley kitchen, dining room with built-in shelving, living room, central air, and an updated bathroom with a tiled walk-in shower and built-in bench. The upstairs unit has an open living, dining, and kitchen arrangement, two bedrooms with closets, a hallway bathroom with tiled shower, and window A/C.

Outdoor features include a covered patio, built-in firepit area, fenced backyard, and front deck. Each unit has separate gas and electric service, while the property shares one water meter and includes two water heaters. The property is located at 34 3rd St in Savanna, IL 61074.

Key Highlights

  • Duplex with one 1‑bedroom unit and one 2‑bedroom unit
  • Separate gas and electric service for each unit
  • One shared water meter and two separate water heaters

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply Auto Repair Shop HVAC Service Big Box & Wholesale Store Pharmacy Real Estate Agency

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

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

216
Businesses Nearby

Demographics for 61074, IL

4,023
Population
2,344
Households
1.7
Avg Household Size
48
Median Age
15%
College-Educated
85%
High-School Grad
73.5 sq mi
ZIP Area
55
Density / Sq Mi
$48,387
Median Household Income
$35,033
Median Earnings
$807
Median Rent
$93,900
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two independently configured units offer separate gas and electric service, private entrances, and distinct living spaces.
Where is this duplex located?
The property is located at 34 3rd St Savanna, IL.
What is the asking price?
The asking price for this property is $75,900.
What are key features of this property?
This property features: Duplex with one 1‑bedroom unit and one 2‑bedroom unit; Separate gas and electric service for each unit; One shared water meter and two separate water heaters
More about this property
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