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Duplex with Three-Car Garage
New
For Sale
$349,900

5843 W Iowa Street, Chicago, IL 60651

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market2

Property Features for 5843 W Iowa Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 3, Basement, Bedroom 1, Bathroom 1
Parking 3
Parking features Garage, Open
Window features Screens
Fencing Fenced
Basement Finished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions Austin N/S to Iowa, Iowa East to address
Subdivision CHI - Austin
Standard status Active
APN 16054250020000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 4581

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air

Amenities

enclosed rear porch
PVC-fenced yard
patio area

Building Details

Year built 1903
Building materials Aluminum Siding
Roof type Asphalt
Listing Agency: Keller Williams Preferred Rlty · Keller Williams Realty
Listed By: Nikia Evans · License #471018862
Added: Aug 25 Changed: Aug 26 Last Checked: Aug 26 at 1:06PM
MLS# 12742373

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This owner-occupied duplex includes a first-floor residence that extends into a finished basement, creating additional living space and flexibility. The main level has a newer kitchen with granite countertops, stainless steel appliances, a breakfast bar, and room for a table. An updated bathroom and a room currently used as a library add further functionality. The lower level requires cosmetic repairs following prior water damage near the baseboard area.

The second unit provides additional living space and may accommodate related living, extended family, or rental use, subject to applicable requirements. An enclosed rear porch serves the building, while the exterior includes a PVC-fenced yard, patio, and three-car garage. The property has aluminum siding, asphalt roofing, natural gas forced-air heat, and public sewer. Built in 1903, it is zoned MULTI and offered in AS-IS condition at 5843 W Iowa Street in Chicago, near Oak Park.

Key Highlights

  • Duplex with Unit 1 extending into a finished basement
  • 3‑car garage, patio, PVC‑fenced yard, and enclosed rear porch
  • Newer kitchen with granite counters, stainless appliances, and breakfast bar

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Garden Center 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

1,668
Businesses Nearby

Demographics for 60651, IL

62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
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 - Owner-occupied two-unit property with finished lower-level living space, enclosed rear porch, fenced yard, and updating potential.
Where is this duplex located?
The property is located at 5843 W Iowa Street Chicago, IL.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Duplex with Unit 1 extending into a finished basement; 3‑car garage, patio, PVC‑fenced yard, and enclosed rear porch; Newer kitchen with granite counters, stainless appliances, and breakfast bar
More about this property
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