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Duplex Package With Renovation Needs
For Sale
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420 W 65th Place, Chicago, IL 60621

Two adjoining residences are being sold together and require complete gut renovation.

Property SizeContact for details
Days on Market198

Property Features for 420 W 65th Place

General Information

Standard status Active
Property subtype Multifamily

Property Condition

Severity Major Repairs Needed
Evidence complete gut renovation

Additional Details

Public Transit Yes
Multifamily Units 4

Building Details

Year Built 1895
Buildings 2
Listing Agency: HomeSmart Realty Group
Listed By: Nicole Blow · License #475183677
Source: Crexi
Added: Feb 17 Changed: Aug 29 Last Checked: Aug 29 at 10:12PM

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 HomeSmart Realty Group

Investment Insights

Based on property information with market context.

This offering combines the two-flat residences at 418 and 420 W 65th Place in one package. Both properties date to 1895 and require complete gut renovation, making the condition central to any acquisition or repositioning plan. The buildings are offered in their current condition and are limited to cash or renovation financing transactions.

The properties are in Chicago, Illinois, near public transportation and schools. The package may suit an investor, rehabber, or developer evaluating renovation, rental, or redevelopment plans; zoning and intended use should be independently verified.

Key Highlights

  • Package includes side‑by‑side two‑flat residences at 418 and 420 W 65th Place
  • Both properties require complete gut renovation
  • 1895 construction year

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Spa & Massage Center Kitchen & Bath Showroom 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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,024
Businesses Nearby

Demographics for 60621, IL

29,570
Population
15,348
Households
1.9
Avg Household Size
36
Median Age
12%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
7,782
Density / Sq Mi
$33,235
Median Household Income
$29,961
Median Earnings
$1,017
Median Rent
$161,900
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 adjoining residences are being sold together and require complete gut renovation.
Where is this duplex located?
The property is located at 420 W 65th Place Chicago, IL.
What is the asking price?
The asking price for this property is $199,999.
What are key features of this property?
This property features: Package includes side‑by‑side two‑flat residences at 418 and 420 W 65th Place; Both properties require complete gut renovation; 1895 construction year
(872) 368-8272 Call to check price and availability
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