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Brick Two-Unit Duplex
New
For Sale
$849,000

4538 N Artesian Avenue, Chicago, IL 60625

Both apartments are leased, with basement laundry and enclosed rear porches serving the units.

Property SizeContact for details
Lot Size0.09 Acres
Days on Market3

Property Features for 4538 N Artesian Avenue

General Information

Standard status Active
Total Parking Spaces 3
Lot size 0.09 Acres
Property subtype Residential Income
Zoning MULTI
Occupancy 100%

Site & Location

Neighborhood Ravenswood
Public Transit Yes
Utilities to Site Yes

Additional Details

Multifamily Units 2
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $12,274

Amenities

fully enclosed back porch
laundry room
window air conditioners

Building Details

Year Built 1915
Buildings 1
Construction all brick
Tenancy Multi
Listing Agency: Baird & Warner
Listed By: Martha Turner · License #475178874
Source: Fishmangroup
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 23 at 3:12PM

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 Baird & Warner

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Investment Insights

Based on property information with market context.

Built in 1915, this brick duplex contains two rental apartments, both currently occupied. Each unit has an enclosed rear porch and two window air conditioners. The basement includes a laundry room, and the property has two hot water heaters installed in 2021. The building is offered as-is and is zoned MULTI.

The parcel measures 30 by 125.3 feet and includes a backyard and two parking spaces behind the building. In Lincoln Square, the property is two blocks from the Lawrence Avenue Brown Line station and is within the Waters School district.

Key Highlights

  • Brick two‑flat built in 1915
  • Both apartments currently rented
  • 30 by 125.3‑foot lot with backyard and two parking spaces

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,500
Businesses Nearby

Demographics for 60625, IL

76,525
Population
33,932
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
87%
High-School Grad
3.8 sq mi
ZIP Area
20,138
Density / Sq Mi
$85,299
Median Household Income
$48,314
Median Earnings
$1,455
Median Rent
$396,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both apartments are leased, with basement laundry and enclosed rear porches serving the units.
Where is this duplex located?
The property is located at 4538 N Artesian Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Brick two‑flat built in 1915; Both apartments currently rented; 30 by 125.3‑foot lot with backyard and two parking spaces
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