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Two-Flat Residential Income Property
For Sale
$425,000

5028 W Adams Street, Chicago, IL 60644

Well-maintained two-flat with finished basement and multiple recent system and interior upgrades since 2021.

Property SizeContact for details
Days on Market35

Property Features for 5028 W Adams Street

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,360

Building Details

Year Built 1925
Year Renovated 2026
Listing Agency: Professional Brokers Realty
Listed By: Dominique Lowery · License #471020404
Source: Birdrealtysells
Added: Jul 20 Changed: Aug 23 Last Checked: Jul 25 at 11:06AM

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 Professional Brokers Realty

Investment Insights

Based on property information with market context.

This well-maintained two-flat residential income property features two units plus a finished basement. Updates include new windows installed in 2023, copper plumbing run from the street to the building in 2021, and basement finishing completed in 2023. The roof was replaced in 2021, and the garage floor received new concrete in Spring 2024. Exterior tuckpointing was completed in 2026.

Interior improvements include kitchen renovations on both floors. The second-floor unit kitchen was updated with new cabinets and countertops in 2025, and the first-floor unit kitchen received similar cabinet and countertop renovations in 2026. The property also includes low-maintenance landscaping.

The overall layout supports straightforward two-unit operation while offering an additional finished basement space, which the seller notes as a possible option for related living. The property is offered for sale at 5028 West Adams Street, Chicago, IL 60644.

Key Highlights

  • Well‑maintained two‑flat built in 1925 with a finished basement
  • New windows added in 2023
  • Copper plumbing pipes from the street to the building replaced in 2021

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Gym & Fitness Center (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

1,036
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 - Well-maintained two-flat with finished basement and multiple recent system and interior upgrades since 2021.
Where is this duplex located?
The property is located at 5028 W Adams Street Chicago, IL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Well‑maintained two‑flat built in 1925 with a finished basement; New windows added in 2023; Copper plumbing pipes from the street to the building replaced in 2021
More about this property
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