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Rebuilt Two-Unit Duplex
For Sale
Contact for pricing
Pending

764 S Kenneth Avenue, Chicago, IL 60624

Partially rebuilt duplex with framed first-floor construction and an open second floor.

Property SizeContact for details
Days on Market204

Property Features for 764 S Kenneth Avenue

General Information

Standard status Pending
Property subtype Multifamily
Zoning MULTI

Additional Details

Multifamily Units 2

Building Details

Year Built 1910
Listing Agency: HomeSmart Realty Group
Listed By: Tameka Lewis-Madkins
Source: Crexi
Added: Feb 13 Changed: Sep 2 Last Checked: Sep 1 at 4:35AM

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 HomeSmart Realty Group

Investment Insights

Based on property information with market context.

Built in 1910, this duplex is being offered in a gutted, partially reconstructed condition. The first floor has framing in place, while the second floor remains open for completion. The basement has been excavated for approximately 8-foot ceilings and includes two egresses, with steel beams and support posts already installed. A rebuilt rear porch and new roof are also in place.

The property is zoned MULTI and is configured as a 2-unit building, with the possibility of a third unit subject to city approval. It is offered as-is and has outstanding property violations. The transaction is a short sale requiring lender approval, and the buyer is responsible for verifying zoning, permits, and other due diligence items.

Key Highlights

  • 2‑unit duplex with potential for 3 units, subject to city approval
  • First floor has framing installed; second floor is open for completion
  • Basement excavated for approximately 8‑ft ceilings with 2 egresses

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Computer & Electronic Repair Skin Care Clinic Locksmith Tech Support Center

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

Location Intelligence

Trade Area within ½ mile

708
Businesses Nearby

Demographics for 60624, IL

37,547
Population
16,250
Households
2.3
Avg Household Size
34
Median Age
13%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
10,728
Density / Sq Mi
$32,607
Median Household Income
$30,924
Median Earnings
$1,152
Median Rent
$223,200
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 - Partially rebuilt duplex with framed first-floor construction and an open second floor.
Where is this duplex located?
The property is located at 764 S Kenneth Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: 2‑unit duplex with potential for 3 units, subject to city approval; First floor has framing installed; second floor is open for completion; Basement excavated for approximately 8‑ft ceilings with 2 egresses
More about this property
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