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Brick Duplex with Finished Basement
For Sale
$315,000

8047 S Justine Street, Chicago, IL 60620

Leased residential income property with updated interiors and natural gas service.

Property SizeContact for details
Days on Market50

Property Features for 8047 S Justine Street

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Neighborhood Auburn Gresham

Additional Details

Gross Income $35,400
Multifamily Units 2

Amenities

Natural Gas
Flat

Building Details

Year Built 1920
Year Renovated 2023
Buildings 1
Construction brick
Listed By: Ife Osundolire · License #475
Source: Kw
Added: Sep 7 Changed: Oct 26 Last Checked: Oct 24 at 9:41PM

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 Ife Osundolire

Rey
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Investment Insights

Based on property information with market context.

Located at 8047 S Justine Street, this legal duplex is a brick residential income property with a finished basement and three separate living spaces. Each level is arranged with two bedrooms and one bathroom, providing a practical configuration for rental occupancy or an owner-occupant arrangement. The property is currently leased and underwent rehabilitation in 2023.

Recent improvements include laminate flooring, windows, doors, and a 75-gallon water heater installed in 2026. Natural gas service supports the property, while the exterior is brick with a flat design. The combination of established tenancy, separate living areas, and completed updates gives this Chicago property a straightforward multifamily layout.

Key Highlights

  • Legal 2‑unit brick building at 8047 S Justine Street, Chicago, IL 60620
  • Each level includes a 2‑bedroom, 1‑bath layout
  • Finished basement creates three separate living spaces in total

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

978
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
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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 - Leased residential income property with updated interiors and natural gas service.
Where is this duplex located?
The property is located at 8047 S Justine Street Chicago, IL.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Legal 2‑unit brick building at 8047 S Justine Street, Chicago, IL 60620; Each level includes a 2‑bedroom, 1‑bath layout; Finished basement creates three separate living spaces in total
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