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Two-Unit Property with Garage
New
For Sale
$499,999

856 N Waller Ave, Chicago, IL 60651

Duplex with two residential units, basement living space, and a two-car garage.

Property SizeContact for details
Days on Market2

Property Features for 856 N Waller Ave

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1900
Listing Agency: RE/MAX Partners
Listed By: Luis Ortiz · License #475136884
Source: Saladinosells
Added: Sep 14 Last Checked: Sep 14 at 2:24PM

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 RE/MAX Partners

Investment Insights

Based on property information with market context.

This 1900-built duplex contains two residential units with distinct bedroom and bathroom configurations. The first-floor unit has 2 bedrooms and 1 bathroom, while the second-floor unit provides 3 bedrooms and 1 bathroom. Additional basement living space includes 2 bedrooms and 1 bathroom.

The property also includes a 2-car garage and is occupied by established tenants. Located at 856 N Waller Ave in Chicago, IL 60651, the building offers a residential income-property configuration with multiple living areas and on-site garage parking.

Key Highlights

  • Two‑unit residential building with 2 bedrooms and 1 bathroom in each primary unit configuration
  • First‑floor unit includes 2 bedrooms and 1 bathroom
  • Second‑floor unit offers 3 bedrooms and 1 bathroom

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,578
Businesses Nearby

Demographics for 60651, IL

62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
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 - Duplex with two residential units, basement living space, and a two-car garage.
Where is this duplex located?
The property is located at 856 N Waller Ave Chicago, IL.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: Two‑unit residential building with 2 bedrooms and 1 bathroom in each primary unit configuration; First‑floor unit includes 2 bedrooms and 1 bathroom; Second‑floor unit offers 3 bedrooms and 1 bathroom
More about this property
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