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Duplex With Attached Garages
For Sale
$199,900

405-407 N Shady Lane, Girard, IL 62640

Two matching units offer back decks, in-unit laundry, and open-concept living areas.

Property SizeContact for details
Days on Market25

Property Features for 405-407 N Shady Lane

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $3,563

Amenities

in-unit laundry
back deck
garden shed

Building Details

Year Built 1991
Units 2
Tenancy Multi
Listing Agency: Tarrant and Harman Real Estate and Auction Co
Listed By: Jenna Millard
Source: Century21laclede
Added: Jul 15 Changed: Aug 3 Last Checked: Aug 8 at 11:38AM

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 Tarrant and Harman Real Estate and Auction Co

Investment Insights

Based on property information with market context.

Built in 1991, this duplex contains two matching residential units, each with 2 bedrooms, 1.5 bathrooms, in-unit laundry, and an attached 1-car garage. Open-concept interiors include generously sized bedrooms and ample living areas, while each unit adds a back deck for outdoor use. A separate garden shed includes electrical service and water. Major mechanical systems were replaced within the past two years, providing updated building infrastructure.

The property is located at 405-407 N Shady Lane in Girard, Illinois, within walking distance of parks and a school. Its two-unit configuration supports separate residential occupancy, with each side offering a consistent layout and set of features.

Key Highlights

  • Two matching units, each with 2 bedrooms and 1.5 bathrooms
  • Attached 1‑car garage serving each unit
  • In‑unit laundry and open‑concept layouts

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Hair Salon Electrical Service Pharmacy Storage Facility Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

125
Businesses Nearby

Demographics for 62640, IL

3,446
Population
1,577
Households
2.2
Avg Household Size
46
Median Age
15%
College-Educated
90%
High-School Grad
74.6 sq mi
ZIP Area
46
Density / Sq Mi
$64,438
Median Household Income
$34,794
Median Earnings
$786
Median Rent
$165,500
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 - Two matching units offer back decks, in-unit laundry, and open-concept living areas.
Where is this duplex located?
The property is located at 405-407 N Shady Lane Girard, IL.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Two matching units, each with 2 bedrooms and 1.5 bathrooms; Attached 1‑car garage serving each unit; In‑unit laundry and open‑concept layouts
More about this property
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