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Chicago Brick 2-Flat
For Sale
$649,900
Pending

4342 North Lowell Avenue, Chicago, IL 60641

Well-maintained two-flat features original woodwork, hardwood floors, and a finished full basement with separate entrance.

Property SizeContact for details
Days on Market61

Property Features for 4342 North Lowell Avenue

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Two to Four Units / 2 Flat

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $9,879

Amenities

hardwood floors
original woodwork
built-ins
finished basement

Building Details

Year Built 1915
Construction brick
Tenancy Multi
Listing Agency: Wenzel Select Properties, Ltd.
Listed By: Lisa Wenzel · License #471004304
Source: Compass
Added: Jul 10 Changed: Aug 8 Last Checked: Jul 24 at 2:49PM

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 Wenzel Select Properties, Ltd.

Investment Insights

Based on property information with market context.

Chicago brick 2-flat is well cared for and currently offers two occupied units. Interior highlights include hardwood floors, original woodwork, and built-ins in several rooms. The property also includes a full finished basement, along with a separate entrance that is partially finished and would need stairs installed.

The finished basement and separate entry create flexibility for potential expansion concepts, including the opportunity for a third unit, a duplex configuration, or other ideas, subject to current city code. The units are occupied by long-time tenants who cover some of their own utilities.

This is an income-oriented residential property with established tenancy, complemented by interior and basement finishes and maintained original character elements.

Key Highlights

  • Chicago brick 2‑flat built in 1915
  • Original woodwork and hardwood floors with built‑ins in several rooms
  • Finished full basement

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Tanning Salon Bed & Breakfast Butcher Hotel & Motel

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,446
Businesses Nearby

Demographics for 60641, IL

69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
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 - Well-maintained two-flat features original woodwork, hardwood floors, and a finished full basement with separate entrance.
Where is this duplex located?
The property is located at 4342 North Lowell Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Chicago brick 2‑flat built in 1915; Original woodwork and hardwood floors with built‑ins in several rooms; Finished full basement
More about this property
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