Search
Renovated Duplex with Expansion Potential
For Sale
$383,000

6432 S Kilpatrick Avenue, Chicago, IL 60629

Recently renovated duplex on a large lot with development potential.

Property SizeContact for details
Days on Market369

Property Features for 6432 S Kilpatrick Avenue

General Information

Standard status Active
Property subtype Multi-Family

Amenities

Natural Gas
Asphalt

Building Details

Year Built 1922
Listing Agency: Corcoran Urban Real Estate
Listed By: Stefanie Krause
Source: Kw
Added: Aug 26, 2025 Changed: Aug 15 Last Checked: Aug 26 at 3:52PM

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 Corcoran Urban Real Estate

Investment Insights

Based on property information with market context.

This property, situated on a large lot, presents opportunities for expansion or development, subject to city permits. It is suitable for investors or multi-generational living. The unfinished basement offers the potential to be converted into an additional unit (ADU), subject to city approval, or used for storage or a home office. Each unit features two bedrooms and one bathroom, both recently renovated with contemporary finishes. The first-floor kitchen has undergone minor rehabilitation, while the second-floor kitchen has been completely renovated. Both bathrooms have been upgraded. A privacy fence with security cameras and keypad entry has been installed. Rents in the area range from $1200 to $1600. The property can generate income whether owner-occupied or rented out. Street parking is readily available. The roof was replaced in 2024, and new plumbing has been installed.

Key Highlights

  • Significant income potential from two renovated units, with rents in the area between $1200-$1600 per unit.
  • Potential for additional income‑generating ADU in the unfinished basement (subject to city approval).
  • Large lot with potential for expansion or development (subject to city permits).

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Skin Care Clinic Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Cosmetic 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.

Location Intelligence

Trade Area within ½ mile

555
Businesses Nearby

Demographics for 60629, IL

114,453
Population
36,283
Households
3.2
Avg Household Size
33
Median Age
14%
College-Educated
74%
High-School Grad
7.0 sq mi
ZIP Area
16,350
Density / Sq Mi
$58,813
Median Household Income
$34,635
Median Earnings
$1,106
Median Rent
$236,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Recently renovated duplex on a large lot with development potential.
Where is this duplex located?
The property is located at 6432 S Kilpatrick Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $383,000.
What are key features of this property?
This property features: Significant income potential from two renovated units, with rents in the area between $1200-$1600 per unit.; Potential for additional income‑generating ADU in the unfinished basement (subject to city approval).; Large lot with potential for expansion or development (subject to city permits).
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message