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Updated Two-Unit Duplex
New
For Sale
$655,000

5631 N Parkside Ave, Chicago, IL 60646

Well-maintained residential income property with refreshed interiors, private laundry, basement flexibility, and outdoor space.

Property SizeContact for details
Days on Market4

Property Features for 5631 N Parkside Ave

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1923
Listing Agency: Coldwell Banker Realty
Listed By: Thomas Bezanes · License #471018395
Source: Highriseschicago
Added: Sep 7 Changed: Sep 10 Last Checked: Sep 10 at 5:28AM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

Built in 1923, this Chicago duplex contains two 2-bedroom, 1-bathroom residences with updated kitchens, contemporary fixtures, comfortable living areas, and in-unit laundry. An enclosed rear stairwell connects to the backyard, while the basement includes an in-law-style living area that adds functional flexibility for extended family, guests, or office use. Any additional rental use remains subject to applicable zoning and municipal requirements.

The property is located at 5631 N Parkside Ave in Chicago, near bus transportation with connections toward the Blue Line. A nearby forest preserve provides access to walking trails, green space, and outdoor recreation. The combination of two residential units, refreshed interiors, laundry within each unit, and supplemental lower-level space supports a range of household and ownership arrangements.

Key Highlights

  • Two 2‑bedroom, 1‑bathroom units
  • Updated kitchens and modern fixtures in both residences
  • In‑unit laundry provided in each unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Daycare Center 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.

Location Intelligence

Trade Area within ½ mile

621
Businesses Nearby

Demographics for 60646, IL

28,383
Population
11,636
Households
2.4
Avg Household Size
44
Median Age
58%
College-Educated
95%
High-School Grad
4.4 sq mi
ZIP Area
6,451
Density / Sq Mi
$111,115
Median Household Income
$66,105
Median Earnings
$1,241
Median Rent
$493,600
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
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained residential income property with refreshed interiors, private laundry, basement flexibility, and outdoor space.
Where is this duplex located?
The property is located at 5631 N Parkside Ave Chicago, IL.
What is the asking price?
The asking price for this property is $655,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom units; Updated kitchens and modern fixtures in both residences; In‑unit laundry provided in each unit
More about this property
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