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Duplex with Finished Basement
New
For Sale
$355,000

7922 S Ellis Avenue, Chicago, IL 60619

Two residences offer full kitchens, hardwood flooring, natural light, and separate laundry arrangements.

Property SizeContact for details
Days on Market5

Property Features for 7922 S Ellis Avenue

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 50%

Additional Details

Multifamily Units 2

Amenities

in-unit washer/dryer
basement washer/dryer
garage
fenced yard
Natural Gas

Building Details

Year Built 1951
Buildings 1
Tenancy Single
Listing Agency: Lux Life Realty LLC
Listed By: Yolanda Jeffries
Source: Kw
Added: Sep 11 Last Checked: Sep 14 at 1:16PM

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 Lux Life Realty LLC

Investment Insights

Based on property information with market context.

This two-unit property at 7922 S Ellis Avenue includes a tenant-occupied upper residence and a vacant lower residence. Both units have full kitchens, hardwood flooring, and abundant natural light. Laundry is provided through an in-unit washer and dryer upstairs, with a separate basement setup serving the first-floor unit.

The finished basement adds usable space and features a spa-style bathroom with a jacuzzi tub. Exterior improvements include a fenced yard, double driveway, and garage, while the property sits on a double lot. Newer appliances and updated utilities complement the building, which was constructed in 1951. Tenants are responsible for gas and electric service.

Key Highlights

  • Two‑unit property at 7922 S Ellis Avenue, Chicago, IL 60619
  • Tenant‑occupied second‑floor unit with vacant first‑floor owner's unit
  • Finished basement with spa‑style bathroom and jacuzzi tub

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Kitchen & Bath Showroom Law Firm Gym & Fitness Center (Bike/Boat/Book/etc) Store Plumbing Service Skin Care Clinic

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
50%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,279
Businesses Nearby

Demographics for 60619, IL

63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two residences offer full kitchens, hardwood flooring, natural light, and separate laundry arrangements.
Where is this duplex located?
The property is located at 7922 S Ellis Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: Two‑unit property at 7922 S Ellis Avenue, Chicago, IL 60619; Tenant‑occupied second‑floor unit with vacant first‑floor owner's unit; Finished basement with spa‑style bathroom and jacuzzi tub
More about this property
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