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Duplex with Finished Lower-Level Apartment
For Sale
$550,000

6144 W School Street, Chicago, IL 60634

Updated two-unit property with a finished lower-level apartment, separate utilities, a detached garage, and flexible occupancy options.

Property SizeContact for details
Days on Market16

Property Features for 6144 W School Street

General Information

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

Units

Unit Mix 1 x 3BR/1BA, 1 x 3BR/2BA, 1 x 1BR/1BA
Multifamily Units 3

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $7,190

Amenities

balcony
laundry area

Building Details

Year Built 1922
Buildings 1
Listing Agency: Exit Realty Redefined
Listed By: Kinga Korpacz
Source: Allinonerealestateco
Added: Aug 5 Changed: Aug 16 Last Checked: Aug 19 at 2:59PM

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 Exit Realty Redefined

Investment Insights

Based on property information with market context.

Built in 1922, this MULTI-zoned duplex includes two principal residences and a finished lower-level in-law apartment. The first-floor unit provides approximately 1,000 square feet with 3 bedrooms, 1 full bathroom, and hardwood floors; it was updated in 2014. The second-floor residence offers approximately 1,100 square feet, 3 bedrooms, 2 full bathrooms, hardwood flooring, and 2016 updates. A private 12' x 16' balcony extends the second-floor living area.

The lower level was fully updated in 2024 and includes a 1-bedroom, 1-bathroom apartment with luxury vinyl plank flooring and access to shared laundry. Property improvements include a 2016 roof, detached 2-car garage, replacement of both HVAC systems in 2016, vinyl replacement windows, and Hardie siding. The first- and second-floor units have separately metered gas and electric service, while the basement has a separate electric meter. Located at 6144 W School Street in Chicago, the property also offers the option to occupy one unit while renting other space.

Key Highlights

  • Two principal units plus a finished lower‑level in‑law apartment
  • First‑floor unit: approximately 1,000 square feet, 3 bedrooms, and 1 full bathroom
  • Second‑floor unit: approximately 1,100 square feet, 3 bedrooms, and 2 full bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Tech Support Center Catering Service Skin Care Clinic Nursing Home (Bike/Boat/Book/etc) Store

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

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,019
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
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Frequently Asked Questions

What type of property is this?
Duplex - Updated two-unit property with a finished lower-level apartment, separate utilities, a detached garage, and flexible occupancy options.
Where is this duplex located?
The property is located at 6144 W School Street Chicago, IL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two principal units plus a finished lower‑level in‑law apartment; First‑floor unit: approximately 1,000 square feet, 3 bedrooms, and 1 full bathroom; Second‑floor unit: approximately 1,100 square feet, 3 bedrooms, and 2 full bathrooms
More about this property
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