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2-Unit Duplex with Rear Parking

7038 S Honore St, Chicago, IL 60622

For Sale
$340,000

Updated interiors include separate living and dining rooms, eat-in kitchens, and shared basement laundry.

Property SizeContact for details
Days on Market12

Property Features for 7038 S Honore St

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income

Site & Location

Neighborhood West Englewood

Units

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

Taxes and HOA fees

Annual Taxes $250

Amenities

shared basement laundry area
privacy fence

Building Details

Buildings 1
Listing Agency: Rae Lynn Realty LLC
Listed By: Rae Caulton · License IL #471021579
Source: Exprealty
Added: Oct 29 Changed: Nov 7 Last Checked: Nov 8 at 10:42AM

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 Rae Lynn Realty LLC

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Investment Insights

Based on property information with market context.

This renovated two-flat contains two distinct residences. The first unit has 3 bedrooms and 2 full bathrooms, along with a living room, separate dining room, and eat-in kitchen with a large pantry. Its finished duplex-down basement adds a family room, ceramic tile flooring, and a walkout exit. The second unit has 2 bedrooms, 1 bathroom, a living room, separate dining room, and an eat-in kitchen with a large pantry closet. Updated features include kitchens, bathrooms, windows, doors, light fixtures, luxury vinyl flooring, and kitchen appliances in both units.

A shared basement laundry area, privacy fence, and 2 rear parking spaces are also included. The property is identified as eligible for Chicago Homegrown Zone B and Cook County Land Bank grants; Cook County Land Bank requirements call for the buyer to occupy the property as an owner.

Key Highlights

  • Two residences: one with 3 bedrooms and 2 full baths, the other with 2 bedrooms and 1 bath
  • Finished duplex‑down basement with family room, ceramic tile flooring, and walkout exit
  • Renovated kitchens and bathrooms, with new kitchen appliances in both units

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

494
Businesses Nearby

Demographics for 60622, IL

55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value
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Market

Properties on Market for Duplexes in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Updated interiors include separate living and dining rooms, eat-in kitchens, and shared basement laundry.
Where is this duplex located?
The property is located at 7038 S Honore St Chicago, IL.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Two residences: one with 3 bedrooms and 2 full baths, the other with 2 bedrooms and 1 bath; Finished duplex‑down basement with family room, ceramic tile flooring, and walkout exit; Renovated kitchens and bathrooms, with new kitchen appliances in both units
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