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Two-Unit Duplex
For Sale
$327,000

7940 S Evans Avenue, Chicago, IL 60619

One residence is occupied, while the second unit is vacant.

Property SizeContact for details
Days on Market119

Property Features for 7940 S Evans Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,415

Building Details

Year Built 1921
Listing Agency: M Property Group LLC
Listed By: Michael Fisher · License #475182456
Source: Dawnmckennagroup
Added: Jun 16 Changed: Oct 11 Last Checked: Oct 11 at 2:32PM

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 M Property Group LLC

Investment Insights

Based on property information with market context.

This duplex contains two units, with one currently occupied and the other vacant. The building was constructed in 1921 and is located at 7940 S Evans Avenue in Chicago.

Key Highlights

  • Two units, with one occupied and one vacant
  • Built in 1921
  • Located at 7940 S Evans Avenue in Chicago

Property Analytics

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Current Use

Duplexes

Suggested Use

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

1,479
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
View Realmo Analytics

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 - One residence is occupied, while the second unit is vacant.
Where is this duplex located?
The property is located at 7940 S Evans Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $327,000.
What are key features of this property?
This property features: Two units, with one occupied and one vacant; Built in 1921; Located at 7940 S Evans Avenue in Chicago
More about this property
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