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Two-Unit Duplex Property
For Sale
$130,000

6342 S Parnell Avenue, Chicago, IL 60621

Features one three-bedroom unit and one two-bedroom unit, with one bathroom in each.

Property SizeContact for details
Days on Market52

Property Features for 6342 S Parnell Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Units

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

Taxes and HOA fees

Annual Taxes $964

Building Details

Year Built 1885
Listing Agency: Visions Manifested Realty LLC
Listed By: Rochelle Millsapp · License #471020739
Source: Dawnmckennagroup
Added: Jul 1 Changed: Aug 16 Last Checked: Aug 20 at 11:45AM

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 Visions Manifested Realty LLC

Investment Insights

Based on property information with market context.

This duplex property contains two residential units with distinct layouts. One unit offers three bedrooms and one bathroom, while the other includes two bedrooms and one bathroom. The building dates to 1885 and currently has tenants in place.

The property is located at 6342 S Parnell Avenue in Chicago, Illinois 60621. Its existing two-unit configuration provides a straightforward residential income property format for an investor, rehabber, or owner occupant.

Key Highlights

  • Two‑unit duplex configuration
  • Three‑bedroom, one‑bathroom unit
  • Two‑bedroom, one‑bathroom unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service Bakery Gym & Fitness Center (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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,029
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

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 - Features one three-bedroom unit and one two-bedroom unit, with one bathroom in each.
Where is this duplex located?
The property is located at 6342 S Parnell Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Two‑unit duplex configuration; Three‑bedroom, one‑bathroom unit; Two‑bedroom, one‑bathroom unit
More about this property
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