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Updated Two-Unit Duplex
New
For Sale
$320,000

5452 W Race Ave, Chicago, IL 60644

Each residence offers three bedrooms, in-unit laundry, separate heat, and a remodeled kitchen with stainless steel appliances.

Property SizeContact for details
Days on Market3

Property Features for 5452 W Race Ave

General Information

Standard status Active
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence the second floor requires an exterior porch to be installed, and the first-floor porch needs to be replaced

Units

Unit Mix 2 x 3BR
Multifamily Units 2

Amenities

in-unit laundry
basement
attic
Listing Agency: RE/MAX Action
Listed By: Thomas Bezanes
Source: Highriseschicago
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 11 at 6:38AM

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 Action

Investment Insights

Based on property information with market context.

This two-unit duplex contains two three-bedroom residences, each with its own heat source and in-unit laundry. Recent remodeling includes hardwood flooring, updated bathrooms, and kitchens appointed with granite counters, white shaker cabinetry, backsplash finishes, stainless steel appliances, and range hoods. A basement and attic provide additional storage space.

The exterior porches require attention: the second-floor porch has yet to be installed, and the first-floor porch needs replacement. Financing options identified for the property include FHA 203K, cash, or conventional financing.

Key Highlights

  • Two three‑bedroom units
  • Separate heat in each unit
  • In‑unit laundry in both residences

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Dental Office Acupuncture

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

1,026
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Each residence offers three bedrooms, in-unit laundry, separate heat, and a remodeled kitchen with stainless steel appliances.
Where is this duplex located?
The property is located at 5452 W Race Ave Chicago, IL.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Two three‑bedroom units; Separate heat in each unit; In‑unit laundry in both residences
More about this property
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