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2-Unit Duplex with Finished Basement
New
For Sale
$499,900

5438 S Spaulding Avenue, Chicago, IL 60632

Each residence has two bedrooms and one bathroom, with finished basement space providing additional bedrooms and a bath.

Property SizeContact for details
Days on Market6

Property Features for 5438 S Spaulding Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Site & Location

Neighborhood Gage Park

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $7,507

Building Details

Year Built 1921
Listing Agency: RE/MAX Mi Casa
Listed By: Miguel Bermudez · License #475138224
Source: Dawnmckennagroup
Added: Oct 20 Changed: Oct 23 Last Checked: Oct 25 at 2:15AM

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 RE/MAX Mi Casa

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Investment Insights

Based on property information with market context.

This duplex contains two separate residences, each configured with two bedrooms and one bathroom. The finished basement adds two bedrooms and another bathroom, extending the property's existing residential layout.

Located in Chicago's Gage Park neighborhood, the property is close to transportation, schools, and stores.

Key Highlights

  • Two separate residential units, each with 2 bedrooms and 1 bathroom
  • Finished basement with 2 additional bedrooms and 1 bathroom
  • Located in Chicago's Gage Park neighborhood

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

723
Businesses Nearby

Demographics for 60632, IL

92,237
Population
28,860
Households
3.2
Avg Household Size
33
Median Age
13%
College-Educated
69%
High-School Grad
7.4 sq mi
ZIP Area
12,464
Density / Sq Mi
$60,576
Median Household Income
$35,203
Median Earnings
$1,057
Median Rent
$240,600
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

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has two bedrooms and one bathroom, with finished basement space providing additional bedrooms and a bath.
Where is this duplex located?
The property is located at 5438 S Spaulding Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two separate residential units, each with 2 bedrooms and 1 bathroom; Finished basement with 2 additional bedrooms and 1 bathroom; Located in Chicago's Gage Park neighborhood
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