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Masonry Two-Flat
For Sale
$749,000

6311 N lakewood Avenue, Chicago, IL 60660

Two residential units offer three-bedroom layouts, a full basement, garage parking, and an extra-wide lot.

Property SizeContact for details
Days on Market11

Property Features for 6311 N lakewood Avenue

General Information

Standard status Active
Total Parking Spaces 3
Property subtype MULTI_FAMILY

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $1,830

Amenities

shared washer and dryer

Building Details

Year Built 1908
Buildings 1
Construction masonry
Tenancy Multi
Listing Agency: Century 21 Realty Associates
Listed By: Cinny Chui
Source: Dawnmckennagroup
Added: Jul 30 Changed: Aug 8 Last Checked: Aug 9 at 11:38AM

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 Century 21 Realty Associates

Investment Insights

Based on property information with market context.

Built in 1908, this masonry two-flat contains two residential units, each arranged with 3 bedrooms and 1 bathroom. The property includes a full basement with shared laundry, a 2-car garage, and one additional exterior parking space. It is being offered in as-is condition, providing an existing two-unit layout for renovation or continued use as a duplex.

The property is in Edgewater with access to the CTA Red Line, bus routes, Lake Shore Drive, and I-94. Loyola University Chicago, beaches, parks, restaurants, cafes, and shopping are also identified nearby. Potential configurations described for the property include a duplex-down owner’s unit, a 3-unit conversion, or a single-family residence; all improvements and conversions remain subject to zoning and city approval.

Key Highlights

  • Two‑unit legal 2‑flat with 3 bedrooms and 1 bathroom per unit
  • 1908 masonry building on an extra‑wide lot
  • Full basement with shared washer and dryer

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Home Appliance Store Catering Service Locksmith (Bike/Boat/Book/etc) Store Auto Parts 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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,714
Businesses Nearby

Demographics for 60660, IL

42,534
Population
23,508
Households
1.8
Avg Household Size
38
Median Age
57%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
32,718
Density / Sq Mi
$66,206
Median Household Income
$46,871
Median Earnings
$1,286
Median Rent
$287,500
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 three-bedroom layouts, a full basement, garage parking, and an extra-wide lot.
Where is this duplex located?
The property is located at 6311 N lakewood Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Two‑unit legal 2‑flat with 3 bedrooms and 1 bathroom per unit; 1908 masonry building on an extra‑wide lot; Full basement with shared washer and dryer
More about this property
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