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Brick 2-Unit Duplex

7648 S Luella Avenue, Chicago, IL 60649

For Sale
$310,000

Both residences offer three bedrooms, hardwood flooring, and kitchens with granite counters and stainless steel appliances.

Property SizeContact for details
Days on Market116

Property Features for 7648 S Luella Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype MULTI_FAMILY

Site & Location

Neighborhood South Shore
Public Transit Yes

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,023

Amenities

fenced backyard

Building Details

Year Built 1924
Buildings 1
Construction brick
Listing Agency: Re/Max Ultimate Professionals
Listed By: Ryan Behrens · License #471017918
Source: Dawnmckennagroup
Added: Jul 15 Changed: Nov 7 Last Checked: Nov 6 at 3:35PM

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 Re/Max Ultimate Professionals

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Investment Insights

Based on property information with market context.

Built in 1924, this brick duplex contains two residences, each with three bedrooms, one full bathroom, and separate living and dining areas. Hardwood floors run through the units, while the kitchens feature dark cabinetry, granite countertops, tile backsplashes, stainless steel appliances, and tile floors. The property was updated in 2019. A partially finished basement provides additional storage space, and the exterior includes a detached two-car garage and fenced backyard. The property is being sold as-is.

Schools, parks, shopping, public transportation, and Lake Michigan are identified among the nearby destinations.

Key Highlights

  • Two residences, each with 3 bedrooms and 1 full bathroom
  • Brick building constructed in 1924 and updated in 2019
  • Kitchens feature granite countertops, stainless steel appliances, and tile backsplashes

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,144
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

Properties on Market for Duplexes in Chicago

Jul
Aug
Sep
Oct

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 - Both residences offer three bedrooms, hardwood flooring, and kitchens with granite counters and stainless steel appliances.
Where is this duplex located?
The property is located at 7648 S Luella Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 1 full bathroom; Brick building constructed in 1924 and updated in 2019; Kitchens feature granite countertops, stainless steel appliances, and tile backsplashes
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