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Two-Unit Duplex with Full Basement
New
For Sale
$97,900

5649 S Shields Avenue, Chicago, IL 60621

Two residential units offer matching living layouts with bedrooms, kitchens, and dedicated breakfast areas.

Property SizeContact for details
Days on Market6

Property Features for 5649 S Shields Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Property Condition

Severity Repairs Needed
Evidence needs TLC

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 2 x 2BR
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,292

Building Details

Year Built 1888
Listing Agency: Capital Investment Realty Group Inc
Listed By: Otis Lazich · License #471009343
Source: Harkinsandassociates
Added: Sep 4 Changed: Sep 8 Last Checked: Sep 8 at 2:39PM

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 Capital Investment Realty Group Inc

Investment Insights

Based on property information with market context.

Built in 1888, this duplex contains two residential units with a consistent layout in each: two bedrooms, a living room, and a kitchen with a breakfast area. A full basement adds space but requires rehabilitation before it can serve as livable area. The property is offered in as-is condition and will require renovation work.

The home is located at 5649 S Shields Avenue in Chicago, with access to I-90/94, bus routes, and the Red Line. Sherwood Park and Washington Park are also identified in the surrounding area. This configuration provides a defined two-unit residential income property for buyers evaluating a renovation project.

Key Highlights

  • Two‑unit duplex with two bedrooms in each unit
  • Each unit includes a living room and kitchen with breakfast area
  • Full basement requiring rehabilitation for livable use

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Bakery (Bike/Boat/Book/etc) Store Real Estate Agency Building Supply

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

543
Businesses Nearby

Demographics for 60621, IL

29,570
Population
15,348
Households
1.9
Avg Household Size
36
Median Age
12%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
7,782
Density / Sq Mi
$33,235
Median Household Income
$29,961
Median Earnings
$1,017
Median Rent
$161,900
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 residential units offer matching living layouts with bedrooms, kitchens, and dedicated breakfast areas.
Where is this duplex located?
The property is located at 5649 S Shields Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $97,900.
What are key features of this property?
This property features: Two‑unit duplex with two bedrooms in each unit; Each unit includes a living room and kitchen with breakfast area; Full basement requiring rehabilitation for livable use
More about this property
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