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Brick Two-Unit Residential Duplex
For Sale
$145,000
Pending

5308 S Bishop St, Chicago, IL 60609

Classic brick two-unit duplex with two 2-bedroom, 1-bath layouts plus enclosed rear porches.

Property SizeContact for details
Days on Market97

Property Features for 5308 S Bishop St

General Information

Standard status Pending
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1917
Construction brick
Listing Agency: Trademarks & Associates
Listed By: Tamika Marks · License #471006293
Source: Illianahomesource
Added: Jun 4 Changed: Sep 8 Last Checked: Aug 25 at 6:54AM

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 Trademarks & Associates

Investment Insights

Based on property information with market context.

This classic brick two-unit duplex offers two separate residences, with each unit featuring 2 bedrooms, 1 bath, a living room, and a formal dining room. An enclosed rear porch adds additional usable space to both units. The property will require renovation and improvement to bring it to its intended condition.

Located in Chicago’s Back of the Yards/New City area, the property provides access to neighborhood parks, shopping, dining, and public transportation. It is also described as being near Sherman Park and Cornell Square Park, with retail and restaurant options along Ashland Avenue and 47th Street, and access to major transportation routes for commuting.

The existing configuration makes the property well suited for an owner-occupant seeking a multi-unit setup or an investor looking for a renovation-focused residential income opportunity.

Key Highlights

  • Built in 1917 classic brick 2‑unit duplex with timeless exterior character
  • Each unit offers 2 bedrooms, 1 bath, plus a living room and formal dining room
  • Enclosed rear porch adds additional usable space to the duplex

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

575
Businesses Nearby

Demographics for 60609, IL

65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
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 - Classic brick two-unit duplex with two 2-bedroom, 1-bath layouts plus enclosed rear porches.
Where is this duplex located?
The property is located at 5308 S Bishop St Chicago, IL.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Built in 1917 classic brick 2‑unit duplex with timeless exterior character; Each unit offers 2 bedrooms, 1 bath, plus a living room and formal dining room; Enclosed rear porch adds additional usable space to the duplex
More about this property
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