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Two-Unit Duplex with Detached Garage
For Sale
$465,000

5212 N Ludlam Avenue, Chicago, IL 60630

Two legal residential units feature hardwood floors, with a detached garage and nonconforming basement unit.

Property SizeContact for details
Days on Market8

Property Features for 5212 N Ludlam Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $10,392

Building Details

Year Built 1923
Listing Agency: Redfin Corporation
Listed By: Niki Syllantavos
Source: Dawnmckennagroup
Added: Aug 5 Changed: Aug 11 Last Checked: Aug 11 at 6:40AM

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 Redfin Corporation

Investment Insights

Based on property information with market context.

Built in 1923, this duplex contains two legal residential units, each arranged with two bedrooms and one bathroom. Hardwood flooring extends throughout the primary units. The property also includes a nonconforming basement unit that can serve as additional living or storage space, subject to applicable requirements.

A detached garage is part of the property and is currently rented to a non-resident tenant. The building is being offered in its present AS-IS condition.

Key Highlights

  • Two legal residential units, each with 2 bedrooms and 1 bath
  • Hardwood floors throughout the two primary units
  • Nonconforming basement unit included

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Cafe & Coffee Shop Grocery & Convenience Store Acupuncture Barber Shop (Bike/Boat/Book/etc) Store Food Market

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

1,288
Businesses Nearby

Demographics for 60630, IL

54,064
Population
23,393
Households
2.3
Avg Household Size
40
Median Age
44%
College-Educated
91%
High-School Grad
4.7 sq mi
ZIP Area
11,503
Density / Sq Mi
$97,134
Median Household Income
$54,576
Median Earnings
$1,357
Median Rent
$362,900
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 legal residential units feature hardwood floors, with a detached garage and nonconforming basement unit.
Where is this duplex located?
The property is located at 5212 N Ludlam Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Two legal residential units, each with 2 bedrooms and 1 bath; Hardwood floors throughout the two primary units; Nonconforming basement unit included
More about this property
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