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Two-Unit Greystone Duplex
For Sale
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4226 West Washington Boulevard, Chicago, IL 60624

Two three-bedroom units support rental use or an owner-occupant arrangement with additional basement space.

Property Size4,500 SF
Lot Size0.10 Acres
Price / SF$87.89
Days on Market9

Property Features for 4226 West Washington Boulevard

General Information

Standard status Active
Size 4,500 SF
Lot size 0.10 Acres
Property subtype Multifamily
Zoning Multi-Family
Investment Type Value Add

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Building Details

Year Built 1912
Buildings 1
Units 3
Construction Greystone
Listing Agency: Coldwell Banker Commercial NRT Chicago
Listed By: Shantell Lumpkins · License #475208961
Source: Crexi
Added: Aug 12 Changed: Aug 18 Last Checked: Aug 18 at 2:24AM

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 Coldwell Banker Commercial NRT Chicago

Investment Insights

Based on property information with market context.

Built in 1912, this Chicago duplex contains 2,474 sft across two residential units, each configured with 3 bedrooms and 1 bath. The building sits on a 4,500 sft parcel and includes a basement with 7-foot ceilings. Its Greystone exterior and spacious floor plans provide a substantial restoration project, and the property is being sold AS-IS.

The building is located at 4226 West Washington Boulevard in Chicago’s West Garfield Park. The property information notes access to downtown Chicago, expressways, public transportation, shopping, dining, schools, and neighborhood amenities, including the new Health and Community Hub on Madison Street. The upstairs unit will be vacant at closing, while the two-unit layout allows for either rental use or occupancy of one unit with the other rented. Zoning is Multi-Family.

Key Highlights

  • 2,474 sft Chicago duplex on a 4,500 sft parcel
  • Two units, each with 3 bedrooms and 1 bath
  • Greystone building constructed in 1912

Property Analytics

Current Use

Ranto After Watching ... Gym & Fitness Center

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

1,037
Businesses Nearby

Demographics for 60624, IL

37,547
Population
16,250
Households
2.3
Avg Household Size
34
Median Age
13%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
10,728
Density / Sq Mi
$32,607
Median Household Income
$30,924
Median Earnings
$1,152
Median Rent
$223,200
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 three-bedroom units support rental use or an owner-occupant arrangement with additional basement space.
Where is this duplex located?
The property is located at 4226 West Washington Boulevard Chicago, IL.
What is the asking price?
The asking price for this property is $395,500.
What are key features of this property?
This property features: 2,474 sft Chicago duplex on a 4,500 sft parcel; Two units, each with 3 bedrooms and 1 bath; Greystone building constructed in 1912
More about this property
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