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2-Unit Brick Duplex
For Sale
$150,000

7237 S Stony Island Avenue, Chicago, IL 60649

Each residence has two bedrooms, individual heat, and its own hot water tank.

Property SizeContact for details
Days on Market18

Property Features for 7237 S Stony Island Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income

Property Condition

Severity Repairs Needed
Evidence The building needs some work

Site & Location

Neighborhood South Shore
Public Transit Yes

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,079

Building Details

Year Built 1893
Buildings 1
Construction brick
Listing Agency: Real People Realty
Listed By: Maurine Moore
Source: Crossdavidson
Added: Oct 8 Changed: Oct 23 Last Checked: Oct 23 at 3:38PM

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 Real People Realty

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Investment Insights

Based on property information with market context.

Built in 1893, this brick two-flat contains two-bedroom residences with spacious living rooms, fireplaces, and high ceilings. Each unit has separate heat and a dedicated hot water tank. The kitchens include walk-in pantries, and one formal dining room features a built-in china cabinet. Newer windows and an updated three-panel electrical system are among the building’s improvements. The property needs work and is being sold as is.

The building is near the lakefront, Hyde Park shopping, public transportation, and the Obama Presidential Center, with access to downtown Chicago.

Key Highlights

  • Brick two‑flat built in 1893
  • Two bedrooms in each unit
  • Fireplaces and high ceilings in the living rooms

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,281
Businesses Nearby

Demographics for 60649, IL

48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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 - Each residence has two bedrooms, individual heat, and its own hot water tank.
Where is this duplex located?
The property is located at 7237 S Stony Island Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Brick two‑flat built in 1893; Two bedrooms in each unit; Fireplaces and high ceilings in the living rooms
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