Search
Two-Unit Duplex with Rear Deck
For Sale
Contact for pricing
Pending

7243 S Perry Avenue, Chicago, IL 60621

Legally recognized duplex with two kitchens, an unfinished basement, and a rear deck serving the upper unit.

Property SizeContact for details
Days on Market567

Property Features for 7243 S Perry Avenue

General Information

Standard status Pending
Property subtype Multifamily

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 2

Amenities

rear deck

Building Details

Year Built 1893
Buildings 1
Construction Greystone
Listing Agency: GenStone Realty
Listed By: Eric Egeland · License #471008764
Source: Crexi
Added: Feb 15, 2025 Changed: Sep 2 Last Checked: Sep 1 at 9:24PM

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 GenStone Realty

Investment Insights

Based on property information with market context.

This 1893 Greystone is legally recognized by the City of Chicago as a two-unit duplex. The property was previously used as a single-family residence, with a kitchen on each level. The second-floor unit includes a rear deck reached from the kitchen, while the unfinished basement has exterior access and may support additional living area subject to applicable requirements.

The lot includes a spacious backyard that backs to the alley and previously contained a detached garage. Public transportation and major interstates are located nearby. The property is situated in Chicago’s Greater Grand Crossing area and requires renovation.

Key Highlights

  • Legally recognized by the City of Chicago as a 2‑unit property
  • 1893 Greystone with a kitchen on each level
  • Second‑floor unit includes a rear deck with stairs from the kitchen

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Skin Care Clinic Gym & Fitness Center Kitchen & Bath Showroom

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

915
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
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 - Legally recognized duplex with two kitchens, an unfinished basement, and a rear deck serving the upper unit.
Where is this duplex located?
The property is located at 7243 S Perry Avenue Chicago, IL.
What are key features of this property?
This property features: Legally recognized by the City of Chicago as a 2‑unit property; 1893 Greystone with a kitchen on each level; Second‑floor unit includes a rear deck with stairs from the kitchen
(847) 337-7090 Call to check price and availability
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