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Fully Renovated Two-Unit Duplex
For Sale
$400,000

7830 S Marshfield Avenue, Chicago, IL 60620

Updated two-flat with new major systems, contemporary interiors, and a basement offering additional flexibility.

Property SizeContact for details
Days on Market12

Property Features for 7830 S Marshfield Avenue

General Information

Standard status Active
Property subtype Multi-Family

Units

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

Amenities

Natural Gas

Building Details

Year Built 1920
Buildings 1
Listing Agency: EXIT Strategy Realty
Listed By: Skyler Lemons · License #475196290
Source: Kw
Added: Aug 23 Changed: Aug 30 Last Checked: Sep 1 at 12:25AM

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 EXIT Strategy Realty

Investment Insights

Based on property information with market context.

Built in 1920, this two-unit duplex has undergone a comprehensive renovation with plans and permits obtained through the City of Chicago. Plumbing, electrical, HVAC, heating, and roofing systems have all been replaced, providing a substantially updated building infrastructure.

Each apartment includes two bedrooms, one bathroom, contemporary finishes, and an open interior layout. The basement adds usable space for storage and may support future conversion into a third unit, subject to applicable approvals. Natural gas service is present.

Key Highlights

  • Two‑unit duplex with two bedrooms and one bathroom in each apartment
  • Comprehensive renovation completed with City of Chicago plans and permits
  • New plumbing, electrical, HVAC, heating, and roof systems

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Gym & Fitness Center 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

849
Businesses Nearby

Demographics for 60620, IL

66,514
Population
30,008
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
7.0 sq mi
ZIP Area
9,502
Density / Sq Mi
$48,805
Median Household Income
$36,285
Median Earnings
$1,093
Median Rent
$187,900
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 - Updated two-flat with new major systems, contemporary interiors, and a basement offering additional flexibility.
Where is this duplex located?
The property is located at 7830 S Marshfield Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Two‑unit duplex with two bedrooms and one bathroom in each apartment; Comprehensive renovation completed with City of Chicago plans and permits; New plumbing, electrical, HVAC, heating, and roof systems
More about this property
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