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Two-Unit Duplex with Full Basement

5649 S Shields Avenue, Chicago, IL 60621

For Sale
$97,900

Both residences have two bedrooms, a living room, and a kitchen with a breakfast area.

Property SizeContact for details
Days on Market65

Property Features for 5649 S Shields Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Property Condition

Severity Repairs Needed
Evidence The property needs TLC

Site & Location

Neighborhood Englewood
Highway Access Yes
Public Transit Yes

Additional Details

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: Themovagroup
Added: Sep 4 Changed: Nov 5 Last Checked: Nov 7 at 10:31AM

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

Rey
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Investment Insights

Based on property information with market context.

This duplex contains two residential units, each arranged with two bedrooms, a living room, and a kitchen with a breakfast area. A full basement is part of the property and requires work before it can be used as livable space. Built in 1888, the building is being sold in its current as-is condition and needs rehabilitation.

The property is on a residential block with access to I-90/94, bus routes, and the Red Line. Sherwood Park and Washington Park are also nearby.

Key Highlights

  • Two units, each with two bedrooms
  • Each unit includes a living room and kitchen with breakfast area
  • Full basement requires work to become livable space

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Duplexes in Chicago

Jul
Aug
Sep
Oct

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 - Both residences have two bedrooms, a living room, and a kitchen with a breakfast area.
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 units, each with two bedrooms; Each unit includes a living room and kitchen with breakfast area; Full basement requires work to become livable space
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