Search
Two-Unit Duplex with Garage
New
For Sale
$539,000

8233 Lake Street, River Forest, IL 60305

Residential Income, River Forest, IL

Property SizeContact for details
Days on Market2

Property Features for 8233 Lake Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bedroom 1, Bedroom 6, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 3
Parking 2
Parking features Garage
Patio and Porch features Patio
Basement Unfinished, Full
Elementary school Lincoln Elementary School
Middle school Roosevelt School
High school Oak Park & River Forest High Sch
Elementary school district 90
Middle school district 90
High school district 200
Directions West of Thatcher on south side of Lake St.
Subdivision River Forest
Standard status Active
APN 15112100810000

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 12208

Utilities

Sewer type Public Sewer
Heating system Steam, Natural Gas

Amenities

shared basement laundry
brick patio

Building Details

Year built 1956
Building materials Brick
Listing Agency: Real People Realty
Listed By: Morgan Digre · License #475139698
Added: Oct 15 Last Checked: Oct 16 at 1:06AM
MLS# 12786649

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 1956, this brick duplex contains two three-bedroom residences with similar layouts. Each unit has hardwood flooring, updated bathrooms, and an eat-in kitchen with granite counters and stainless steel appliances. Large living-room window walls bring in natural light. The second-floor residence is vacant and refreshed, while the first-floor unit offers a separate rental option. The basement provides shared laundry and storage.

At 8233 Lake Street in River Forest, the property sits across from a forest preserve and has a wooded rear yard with a brick patio. Metra access is noted, along with a two-car garage and driveway parking. Separate utilities serve the two units, and the zoning is MULTI.

Key Highlights

  • Two three‑bedroom units with similar layouts
  • Vacant, refreshed second‑floor residence; first‑floor unit offers rental use
  • Hardwood floors, updated baths, and eat‑in kitchens with granite counters and stainless steel appliances

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center (Bike/Boat/Book/etc) Store Skin Care Clinic Storage Facility

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
Single-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

556
Businesses Nearby

Demographics for 60305, IL

11,710
Population
4,494
Households
2.6
Avg Household Size
40
Median Age
73%
College-Educated
97%
High-School Grad
2.5 sq mi
ZIP Area
4,684
Density / Sq Mi
$148,711
Median Household Income
$83,347
Median Earnings
$1,411
Median Rent
$676,900
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

Frequently Asked Questions

What type of property is this?
Duplex - Separate utilities and flexible occupancy support owner use or continued rental operation.
Where is this duplex located?
The property is located at 8233 Lake Street River Forest, IL.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: Two three‑bedroom units with similar layouts; Vacant, refreshed second‑floor residence; first‑floor unit offers rental use; Hardwood floors, updated baths, and eat‑in kitchens with granite counters and stainless steel appliances
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again