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Two-Unit Residential Income Property
For Sale
$250,000
Pending

7419 South Rhodes Avenue, Chicago, IL 60619

Two flat with enclosed back porch, hardwood floors, and a basement one-bedroom unit sold as-is.

Property SizeContact for details
Days on Market72

Property Features for 7419 South Rhodes Avenue

General Information

Standard status Pending
Property subtype Two to Four Units / 2 Flat

Taxes and HOA fees

Annual Taxes $2,894

Building Details

Year Built 1920
Listing Agency: Century 21 IMPACT
Listed By: Deborah Kennedy · License #475207026
Source: Compass
Added: Jun 26 Changed: Aug 8 Last Checked: Jul 24 at 2:43PM

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 Century 21 IMPACT

Investment Insights

Based on property information with market context.

This two-unit residential income property features two separate units, each offering three bedrooms. There is also a one-bedroom unit in the basement. Interior details include original hardwood floors, and the property includes an enclosed back porch.

The building is presented for sale on an as-is basis. The configuration supports a range of residential occupancy approaches, including month-to-month leasing or use as a family building with equity built in.

Units are configured as a two flat with additional basement living space, creating a flexible layout for investors or owner-occupants looking for more than a single residential unit.

Key Highlights

  • Two‑flat property, built in 1920
  • Each unit features 3 bedrooms
  • Basement includes a 1‑bedroom unit

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

928
Businesses Nearby

Demographics for 60619, IL

63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two flat with enclosed back porch, hardwood floors, and a basement one-bedroom unit sold as-is.
Where is this duplex located?
The property is located at 7419 South Rhodes Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two‑flat property, built in 1920; Each unit features 3 bedrooms; Basement includes a 1‑bedroom unit
More about this property
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