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

8233 Lake Street, River Forest, IL 60305

Two matching three-bedroom residences feature hardwood floors, updated baths, and eat-in kitchens.

Property SizeContact for details
Days on Market8

Property Features for 8233 Lake Street

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income
Zoning MULTI

Units

Unit Mix 2 x 3BR
Multifamily Units 2
Individually Metered Utilities unspecified utilities

Additional Details

Public Transit Yes
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $12,208

Amenities

shared basement laundry and storage
brick patio

Building Details

Year Built 1956
Buildings 1
Listing Agency: Real People Realty
Listed By: Morgan Digre · License #475139698
Source: Freedomrealtyil
Added: Oct 23 Changed: Oct 25 Last Checked: Oct 26 at 3:56AM

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 Real People Realty

Rey
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Investment Insights

Based on property information with market context.

This 1956 duplex contains two three-bedroom units with comparable layouts and finishes. Both offer hardwood flooring, updated bathrooms, and eat-in kitchens with granite counters and stainless steel appliances. Large living-room window walls bring natural light into each unit. The second-floor residence is vacant and refreshed, while the first-floor unit can provide rental income. Separate utilities support each residence, and the shared basement includes laundry and storage.

The property is across from a forest preserve and has a wooded backyard with a brick patio. Metra access is convenient. Parking includes a two-car garage and driveway spaces.

Key Highlights

  • Two three‑bedroom units with similar layouts
  • Granite countertops and stainless steel appliances in both eat‑in kitchens
  • Separate utilities for each residence

Property Analytics

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Lease Details

2
Residential units

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
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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 - Two matching three-bedroom residences feature hardwood floors, updated baths, and eat-in kitchens.
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; Granite countertops and stainless steel appliances in both eat‑in kitchens; Separate utilities for each residence
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