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    924 W 19Th Pl Chicago, IL 60616

    For Lease
    $29 SF/Yr ($18,358 /Mo)

    Creative office and commercial redevelopment in Pilsen's Mural Park.

    Property size:
    7,468 SF
    Lot size:
    0.50 Acres

    Property Features for 924 W 19Th Pl

    General Information

    Size
    7,468 SF
    Lot size
    0.50 Acres

    Source: Avison Young | Chicago Agent Konstantine T. Sepsis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Creative Office and Commercial Space

    Mural Park is a creative office and commercial redevelopment project consisting of two 100,000 square foot loft buildings located in Pilsen, one of Chicago’s most culturally rich and historically significant neighborhoods. The property features an A+ lobby with large windows, high ceilings, and abundant natural light. A landscaped park serves as an outdoor art gallery and meeting place. Mural Park is situated along Pilsen's 4-mile bicycle and walking path, El Paseo. A brewery, 5 Rabbit Cervecería, is located on-site. Additionally, a coffee shop offering coffee and small bites is operated by local roaster, Back of the Yards Coffee. The office park is dog friendly. Pilsen is known for its thriving arts scene, food, local craftsman, and history. Mural Park embraces Pilsen's roots and caters to creative tenants. El Paseo complements the park's location and amenities. Mural Park is located 8 minutes south of Randolph Street and is accessible via I-90/I-290 and I-55, with CTA and Metra stations nearby. The available space is 7468 square feet.
    Location Intelligence

    Current Use by Public Records

    Relay Graduate School ... Graduate School Noble Forward Educational Institution Eversight Non-Profit Organization One Six Solutions, ... Software Company

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Food Market Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6493699
    Latitude
    41.8562005

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    FAQs

    What type of property is this?
    Office space - Creative office and commercial redevelopment in Pilsen's Mural Park.
    Where is this office space located?
    The property is located at 924 W 19Th Pl Chicago, IL.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: - Located in Pilsen: A culturally rich and active neighborhood, recognized by Forbes.; - On-site Brewery: Features 5 Rabbit Cervecería, offering a unique Latin-inspired craft beer experience.; - A+ Lobby: Impressive lobby with massive windows, high ceilings, and abundant natural light.
    (312) 957-7600
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    924 W 19Th Pl Chicago, IL 60616
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    Chicago, IL 60616
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    924 W 19Th Pl Chicago, IL 60616
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