Two-Unit Duplex Investment
For Sale
Contact for pricing
Pending
9209 S Woodlawn Avenue, Chicago, IL 60619
Well-maintained duplex with updated units, including a vacant upper apartment ready for a new tenant or owner-occupant.
Property SizeContact for details
Days on Market67
Property Features for 9209 S Woodlawn Avenue
General Information
Standard status
Pending
Property subtype
Multifamily
Zoning
MULTI
Occupancy
50%
Additional Details
Multifamily Units
2
Building Details
Year Built
1905
Tenancy
Multi
Listing Agency:
Keller Williams Infinity
Listed By:
Tina Jagshi · License #475213342
Source:
Crexi
Added: Jun 17
Changed: Aug 8
Last Checked: Jul 25 at 2:22AM
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 Keller Williams Infinity
Investment Insights
Based on property information with market context.
This two-unit duplex offers a garden-level unit with 2 bedrooms and 1 bath, plus an upper duplex unit with 4 bedrooms and 1.1 baths. The garden-level unit includes recent improvements such as updated plumbing, fresh paint, new flooring, and updated bathroom fixtures. The upper duplex has been upgraded with newer plumbing, electrical, flooring, windows, and fixtures, and both units are described as well maintained and in very good condition.
The property is conveniently located near a major shopping center, schools, CTA bus routes, Chicago State University, and the fire department. The current configuration includes a tenant-occupied lower unit, while the upper duplex is vacant and ready for a new tenant or owner-occupant. Initial showing appointments allow only viewing of the upper level duplex; the occupied unit can be shown with additional interest.
For investors, this presents a straightforward two-unit rental setup with one unit available immediately and the other currently occupied, with the seller stating a projected cap rate exceeding 16%. For an owner-occupant, the vacant upper duplex allows for immediate move-in or leasing plans while maintaining rental income potential from the second unit.
The property is conveniently located near a major shopping center, schools, CTA bus routes, Chicago State University, and the fire department. The current configuration includes a tenant-occupied lower unit, while the upper duplex is vacant and ready for a new tenant or owner-occupant. Initial showing appointments allow only viewing of the upper level duplex; the occupied unit can be shown with additional interest.
For investors, this presents a straightforward two-unit rental setup with one unit available immediately and the other currently occupied, with the seller stating a projected cap rate exceeding 16%. For an owner-occupant, the vacant upper duplex allows for immediate move-in or leasing plans while maintaining rental income potential from the second unit.
Key Highlights
- Well‑maintained 2‑unit duplex with a vacant upper unit ready for a new tenant or owner‑occupant
- Garden‑level unit: 2 bedrooms, 1 bath; updated with plumbing, fresh paint, new flooring, and updated bathroom fixtures
- Upper duplex unit: 4 bedrooms, 1.1 baths; upgrades include newer plumbing, electrical, flooring, windows, and fixtures
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
50%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
602
Businesses Nearby
Explore this area
Business Placement
Demographics for 60619, IL
63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex with updated units, including a vacant upper apartment ready for a new tenant or owner-occupant.
Where is this duplex located?
The property is located at 9209 S Woodlawn Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $189,500.
What are key features of this property?
This property features: Well‑maintained 2‑unit duplex with a vacant upper unit ready for a new tenant or owner‑occupant; Garden‑level unit: 2 bedrooms, 1 bath; updated with plumbing, fresh paint, new flooring, and updated bathroom fixtures; Upper duplex unit: 4 bedrooms, 1.1 baths; upgrades include newer plumbing, electrical, flooring, windows, and fixtures
