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Brick Duplex with Basement
For Sale
$125,000

4911 W Van Buren Street, Chicago, IL 60644

Two residential units require substantial rehabilitation and are offered AS-IS.

Property SizeContact for details
Days on Market31

Property Features for 4911 W Van Buren Street

General Information

Standard status Active
Property subtype Multi-Family

Property Condition

Severity Major Repairs Needed
Evidence fire damage

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 1 x 2BR, 1 x 3BR
Multifamily Units 2

Amenities

Natural Gas
Forced Air

Building Details

Year Built 1909
Buildings 1
Construction solid brick
Listing Agency: Baird & Warner
Listed By: Sebastian Hernandez · License #471018054
Source: Kw
Added: Aug 4 Changed: Aug 29 Last Checked: Sep 1 at 2:45PM

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

Investment Insights

Based on property information with market context.

Built in 1909, this brick duplex includes a two-bedroom first-floor apartment and a three-bedroom second-floor apartment. An unfinished basement provides additional space and connects to the exterior through a gangway. The property has fire damage, requires significant rehabilitation, and is offered AS-IS. Natural gas and forced-air systems are present, and there is no garage on the site.

The property is located at 4911 W Van Buren Street in Chicago’s Austin neighborhood near the Oak Park border. I-290 access is less than 2 minutes away, while downtown Chicago is approximately a 15-minute drive. CTA Blue Line Laramie Station is 2 blocks from the property, with bus routes #7 and #57 also accessible. Austin Blvd and the Oak Park border are approximately 1 mile east.

Key Highlights

  • 1909‑built brick duplex with 2‑bedroom and 3‑bedroom units
  • Unfinished basement with exterior gangway access
  • Fire damage; significant rehabilitation required

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Dental Office (Bike/Boat/Book/etc) 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

1,008
Businesses Nearby

Demographics for 60644, IL

47,239
Population
20,619
Households
2.3
Avg Household Size
36
Median Age
11%
College-Educated
85%
High-School Grad
3.5 sq mi
ZIP Area
13,497
Density / Sq Mi
$37,952
Median Household Income
$31,304
Median Earnings
$1,096
Median Rent
$238,300
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 residential units require substantial rehabilitation and are offered AS-IS.
Where is this duplex located?
The property is located at 4911 W Van Buren Street Chicago, IL.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 1909‑built brick duplex with 2‑bedroom and 3‑bedroom units; Unfinished basement with exterior gangway access; Fire damage; significant rehabilitation required
More about this property
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