Bridgeport Two-Flat with Double
843 W 34th Place, Chicago, IL 60608
New
- Added:
- May 23, 2026
- Days on Market:
- 1
- Last Refresh:
- May 23 at 6:06 pm
Property Features for 843 W 34th Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MULTI
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Basement, Bedroom 2, Bedroom 5, Bedroom 4, Bathroom 3, Bathroom 1, Laundry Room, Bedroom 1, Utility Room, Bathroom 2, Bedroom 3
- Parking
- 2
- Parking features
- Garage
- Window features
- Screens
- Fencing
- Fenced
- Basement
- Finished, Full
- Standard status
- Active
- APN
- 17322270130000
- Size
- 2,728 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 12542
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1964
- Building materials
- Brick
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Thomas Domasik License #475129362 (708) 857-1500
Listing office RE/MAX 10 in the Park 9658 W 131st Street., Oak Lawn, IL (708) 923-0900
Listing date May 23, 2026
MLS# 12653403
Listing URL
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.
HighLights
- Rare double lot with a side‑load 2‑car brick garage in Bridgeport.
- Two oversized units totaling approximately 2,728 square feet above grade.
- Finished basement with an additional bathroom and storage.
- Separate forced‑air gas furnaces and central air conditioning for each unit.
- Solid brick construction.
- Two‑flat layout offers flexible living options for owners or tenants.
Overview
This Bridgeport two-flat presents an exceptional opportunity in a rapidly growing Chicago neighborhood. The solid structure features two oversized units, a full basement, and a rare double lot with a side-load 2-car brick garage. The building offers approximately 2,728 square feet above grade, not including the basement, providing significant potential for investors or owner-occupants. The main-level unit includes an eat-in kitchen that opens to a spacious living/dining room combo, along with 2 generously sized bedrooms and 1 full bathroom. The 2nd-floor unit offers a similar layout but with 3 bedrooms and 1 bathroom, providing flexible living options. A finished basement adds valuable extra living space complete with an additional bathroom plus a large utility/storage room with individual storage lockers. Both units are equipped with separate forced-air gas furnaces, central air conditioning, and separate water heaters. This estate sale is being offered "as-is".
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$505.3K
NOI $45,475 @ 9.00% cap · cautious / downside scenario
Moderate
$649.6K
NOI $45,475 @ 7.00% cap · market / base-case scenario
Aggressive
$909.5K
NOI $45,475 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.7k | $25.20 |
| − Vacancy | −$3.8k | −$1.39 |
| EGI | $65.0k | $23.81 |
| − OpEx | −$19.5k | −$7.14 |
| NOI | $45.5k | $16.67 |
2,728 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$649.6K
$568.4K – $757.9K
NOI $45,475 @ 7.0% cap · market cap 7.91%
Second Best
Apartment 5plus
$597.4K
$522.7K – $697.0K
NOI $41,818 @ 7.0% cap · market cap 7.27%
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M
NOI $90,037 @ 7.0% cap · market cap 15.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.647845
- Latitude
- 41.831472
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Spacious two-flat in booming Bridgeport neighborhood with development potential.
Where is this duplex located?
The property is located at 843 W 34th Place Chicago, IL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Rare double lot with a side‑load 2‑car brick garage in Bridgeport.; Two oversized units totaling approximately 2,728 square feet above grade.; Finished basement with an additional bathroom and storage.
