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Duplex with Finished Basement
For Sale
$364,900

7723 S Constance Avenue, Chicago, IL 60649

Two three-bedroom residences are complemented by finished basement space and a two-car garage.

Property SizeContact for details
Days on Market13

Property Features for 7723 S Constance Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income
Zoning MULTI

Site & Location

Neighborhood South Shore

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,584

Building Details

Year Built 1966
Buildings 1
Stories 2
Listing Agency: Smith Partners & Associates
Listed By: Ryan Smith · License #475150650
Source: Fishmangroup
Added: Oct 13 Changed: Oct 23 Last Checked: Oct 23 at 5:27PM

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 Smith Partners & Associates

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Investment Insights

Based on property information with market context.

This duplex contains two residential units with similar layouts, each offering three bedrooms, a living room, and a formal dining room. Bay windows bring natural light into the living areas, while refinished hardwood floors run through both units. The kitchens and bathrooms have been updated, and most windows have been replaced. A finished basement adds further interior space; it was previously used as an apartment. The property also includes a two-car brick garage.

Built in 1966 and zoned MULTI, the property is on Chicago’s South Shore, steps from the lakefront.

Key Highlights

  • Two residential units, each with three bedrooms
  • Finished basement previously used as an apartment
  • Refinished hardwood floors in both units

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,223
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 three-bedroom residences are complemented by finished basement space and a two-car garage.
Where is this duplex located?
The property is located at 7723 S Constance Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $364,900.
What are key features of this property?
This property features: Two residential units, each with three bedrooms; Finished basement previously used as an apartment; Refinished hardwood floors in both units
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