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Two-Unit Duplex Property
New
For Sale
$344,900

514 W 117th St, Chicago, IL 60628

Separate three- and four-bedroom floors include eat-in kitchens, dining rooms, and updated bathrooms.

Property SizeContact for details
Days on Market3

Property Features for 514 W 117th St

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1888
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Tadd Realty
Listed By: Bobby Grilli
Source: Grillimurphyrealestate
Added: Sep 15 Changed: Sep 17 Last Checked: Sep 16 at 6:53PM

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 Tadd Realty

Investment Insights

Based on property information with market context.

This two-unit duplex, built in 1888, has a three-bedroom first-floor unit and a four-bedroom second-floor unit. Each level includes an eat-in kitchen and dining room, while the property also provides two full bathrooms and a full basement. Recent work includes a newly constructed enclosed back porch, interior paint, bathroom updates, replacement hot water heaters, and installation of a privacy fence. The property is being sold as-is.

Located at 514 W 117th St in Chicago’s West Pullman area, the site includes substantial back and side yard space along with the enclosed porch. The basement adds flexible interior area for storage or other buyer-planned use, subject to applicable requirements.

Key Highlights

  • Two‑unit duplex with three bedrooms on the first floor and four bedrooms on the second
  • Two full bathrooms and a full basement
  • Eat‑in kitchen and dining room on each floor

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Bakery

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

544
Businesses Nearby

Demographics for 60628, IL

62,832
Population
28,736
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
87%
High-School Grad
11.0 sq mi
ZIP Area
5,712
Density / Sq Mi
$49,719
Median Household Income
$35,974
Median Earnings
$1,168
Median Rent
$158,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Separate three- and four-bedroom floors include eat-in kitchens, dining rooms, and updated bathrooms.
Where is this duplex located?
The property is located at 514 W 117th St Chicago, IL.
What is the asking price?
The asking price for this property is $344,900.
What are key features of this property?
This property features: Two‑unit duplex with three bedrooms on the first floor and four bedrooms on the second; Two full bathrooms and a full basement; Eat‑in kitchen and dining room on each floor
More about this property
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