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Updated Two-Flat with Garage
For Sale
$675,000

5802 W Grace Street, Chicago, IL 60634

Corner-lot property with two tenant-occupied residences and an unfinished basement.

Property SizeContact for details
Days on Market12

Property Features for 5802 W Grace Street

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income
Zoning MULTI

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $8,639

Building Details

Year Built 1910
Buildings 1
Listing Agency: Keller Williams ONEChicago
Listed By: Patrick Dodd · License #475182708
Source: Birdrealtysells
Added: Aug 12 Changed: Aug 21 Last Checked: Aug 22 at 1:46PM

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 Keller Williams ONEChicago

Investment Insights

Based on property information with market context.

Located at 5802 W Grace Street in Chicago’s Portage Park, this two-flat was built in 1910 and occupies an oversized corner lot. Both apartments are tenant-occupied and configured with 2 BR/1 bathroom layouts. Modern updates complement original interior features, including wood trim and a built-in wood-and-glass hutch.

The unfinished basement contains a setup for an additional bedroom and bathroom. The space may support conversion into an in-law unit or a duplex-down arrangement from the first floor, subject to applicable requirements. Exterior features include a 2-car garage and privacy fence. The property is zoned MULTI.

Key Highlights

  • Two tenant‑occupied apartments, each with a 2 BR/1 bathroom layout
  • Oversized corner lot in Portage Park
  • Unfinished basement with setup for an additional bedroom and bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Hotel & Motel Skin Care Clinic Catering Service Cafe & Coffee Shop Tech Support 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.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,324
Businesses Nearby

Demographics for 60634, IL

75,694
Population
29,344
Households
2.6
Avg Household Size
41
Median Age
27%
College-Educated
87%
High-School Grad
7.1 sq mi
ZIP Area
10,661
Density / Sq Mi
$84,997
Median Household Income
$46,694
Median Earnings
$1,271
Median Rent
$333,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Corner-lot property with two tenant-occupied residences and an unfinished basement.
Where is this duplex located?
The property is located at 5802 W Grace Street Chicago, IL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Two tenant‑occupied apartments, each with a 2 BR/1 bathroom layout; Oversized corner lot in Portage Park; Unfinished basement with setup for an additional bedroom and bathroom
More about this property
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