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1344 W 19th Street Chicago, IL 60608

$1,550,000
New / MLS# 12611892 / Multi Unit - Multiple / Chicago
0 Beds
6204 SqFt

This well-maintained 7-unit brick apartment building presents an excellent investment opportunity in Chicago's Pilsen neighborhood. The property features a desirable and diversified unit mix consisting of one (1) 3 Bed / 2 Bath unit, two (2) 2 Bed / 1 Bath units, and four (4) 1 Bed / 1 Bath units, appealing to a broad tenant base ranging from young professionals to small families. The units have been updated with modern finishes, including contemporary flooring, neutral paint palettes, and refreshed kitchens and baths, creating strong rental appeal and minimizing immediate capital expenditure requirements. As illustrated in the sample unit photo, the apartments offer clean, modern interiors with excellent natural light and functional layouts. Situated on an alley lot, the building benefits from abundant natural light and enhanced privacy across the units. The full basement features high ceilings, presenting a clear value-add opportunity for a potential future ADU (Accessory Dwelling Unit) or additional income-producing space, subject to zoning and City approval. Tenants enjoy the convenience of an on-site washer and dryer amenity, further strengthening retention and rentability. With solid masonry construction, updated interiors, and additional upside potential, this property offers both stable in-place income and a strategic opportunity for further value creation in one of Chicago's most sought-after rental submarkets.

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Estimated Payment

$ 5,135.44 per month $3,444.44 Principal & Interest $1,238.92 Property Tax $452.08 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Cooling: Central Individual, Window Unit(s)
Lot Size: 0.07 Acres
Stories: 3.0
Taxes: $14,867
Year Built: 1888

Feature Descriptions

Electric: Separate Meters, Service - 201 to 600 Amps
Exterior: Brick
HVAC: Central Heat/Indiv Controls, Forced Air, Gas
Lot Dimensions: 24X124
Parcel#: 17203140230000
Tenant Pays: Electricity, Heat
Units: 7

Location

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Listing Office: Sperry Van Ness

Listing Office Phone: 312-676-1866



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