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Updated 2-Unit Duplex
For Sale
Contact for pricing
Pending

7314 S Crandon Ave, Chicago, IL 60649

Two residences offer separate climate control, laundry hookups, stainless steel appliances, and enclosed porch space.

Property SizeContact for details
Days on Market50

Property Features for 7314 S Crandon Ave

General Information

Standard status Pending
Property subtype Multifamily

Site & Location

Neighborhood South Shore
Public Transit Yes

Units

Unit Mix 3BR/1BA (upper), 4BR/3BA (lower)
Multifamily Units 2

Amenities

front sunporches
enclosed rear porches
stainless steel appliances
separate heating and cooling
laundry hookup
Listing Agency: Trademarks & Associates LLC
Listed By: Tamika Marks · License #IL 471006293
Source: Crexi
Added: Sep 7 Changed: Oct 25 Last Checked: Oct 24 at 4:20PM

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 Trademarks & Associates LLC

Rey
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Investment Insights

Based on property information with market context.

This updated duplex contains two distinct residences with separate heating and cooling systems, stainless steel appliances, and individual laundry hookups. Both levels include Chicago-style front sunporches, while enclosed rear porches add usable interior space.

The upper residence provides 3 bedrooms and 1 full bath. The lower residence extends into a duplex-down configuration with 4 bedrooms and 3 full baths. The property is near Lake Michigan, Rainbow Beach, the South Shore Cultural Center, Jackson Park, Metra Electric and CTA transportation, neighborhood shopping and dining, and major commuter routes.

Key Highlights

  • Two‑unit duplex with a 3‑bedroom, 1‑bath upper residence
  • 4‑bedroom, 3‑bath duplex‑down lower residence
  • Separate heating and cooling systems for each residence

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,327
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 - Two residences offer separate climate control, laundry hookups, stainless steel appliances, and enclosed porch space.
Where is this duplex located?
The property is located at 7314 S Crandon Ave Chicago, IL.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Two‑unit duplex with a 3‑bedroom, 1‑bath upper residence; 4‑bedroom, 3‑bath duplex‑down lower residence; Separate heating and cooling systems for each residence
(708) 220-6817 Call to check price and availability
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