Chicago, IL 60608 1344 W 19th Street
$1,550,000



7 more







Presented By: Sperry Van Ness
Home Details
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.
Presented By: Sperry Van Ness
Interior Features for 1344 W 19th Street
Other Interior Features
BasementCellar, Exterior Entry
General for 1344 W 19th Street
Additional Parcels Y/NNo
Cap Rate7.8
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingCentral Individual, Window Unit(s)
CountyCook
Directions18th Street & Loomis St, South on Loomis to 19th St, East to 1344 on the North Side of the Street along the alley.
ElectricSeparate Meters, Service - 201 to 600 Amps
Electric Expense
Fuel Expense
Gross Income168744
Insurance Expense
Lot Size Square Feet2976
MLS AreaCHI - Lower West Side
MaintenanceExpense
Net Operating Income120411
Number Of Units Total7
Operating Expense39895
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories Count3
Tax Annual Amount14867.18
Tax Year2024
Tenant PaysElectricity, Heat
TownshipWest Chicago
Trash Expense0
Water Sewer Expense0
Year Built1888
ZoningMULTI
Exterior for 1344 W 19th Street
Building Area Total6204
BuyerOfficeFax(312) 751-2808
Lot Dimensions24X124
Lot Size Acres0.07
Additional Details
Price History

SQFT • 6,204