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Renovated 2-Unit Duplex
For Sale
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7508 W Devon Avenue, Chicago, IL 60631

Two residential units are complemented by a finished garden-level area, fenced yard, and detached garage.

Property SizeContact for details
Days on Market176

Property Features for 7508 W Devon Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multifamily

Additional Details

Multifamily Units 3

Amenities

fully fenced yard
shared laundry area

Building Details

Year Built 1956
Listing Agency: Keller Williams Thrive
Listed By: Jaimie Banke · License #475192348
Source: Crexi
Added: Mar 10 Changed: Aug 30 Last Checked: Aug 30 at 11:12AM

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 Keller Williams Thrive

Investment Insights

Based on property information with market context.

This renovated duplex contains two legal residential units, with one occupying each of the first and second floors. Both offer two bedrooms and one full bathroom in spacious layouts. The full basement adds shared laundry and storage, along with a garden-level living area that includes a kitchen and bathroom; this portion is non-conforming and provides additional flexibility within the property.

Outside, the fully fenced yard offers private outdoor space, while the detached two-car garage provides covered parking and storage. Constructed in 1956, the property combines updated interiors with a multi-level configuration suited to residential income use or owner occupancy.

Key Highlights

  • Legal two‑unit property with renovated interiors
  • Two 2‑bedroom, 1‑bath units on the first and second floors
  • Non‑conforming garden‑level area with living space, kitchen, and bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Restaurant Food Market Grocery & Convenience Store Parking Lot & Garage Barber Shop Cafe & Coffee Shop

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,333
Businesses Nearby

Demographics for 60631, IL

29,691
Population
12,757
Households
2.3
Avg Household Size
43
Median Age
50%
College-Educated
96%
High-School Grad
3.7 sq mi
ZIP Area
8,025
Density / Sq Mi
$117,688
Median Household Income
$70,295
Median Earnings
$1,604
Median Rent
$431,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Two residential units are complemented by a finished garden-level area, fenced yard, and detached garage.
Where is this duplex located?
The property is located at 7508 W Devon Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $824,999.
What are key features of this property?
This property features: Legal two‑unit property with renovated interiors; Two 2‑bedroom, 1‑bath units on the first and second floors; Non‑conforming garden‑level area with living space, kitchen, and bathroom
(847) 802-2777 Call to check price and availability
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