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Turn-Key Residential Income Triplex
For Sale
Contact for pricing
Pending

2719 S Emerald Ave, Chicago, IL 60616

Triplex offering two above-ground units plus a finished basement/garden unit with updated electrical and plumbing.

Days on Market114

Property Features for 2719 S Emerald Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 3

Building Details

Year Renovated 2009
Stories 3
Listing Agency: Kale Realty
Listed By: QianKun Chen · License #IL
Source: Crexi
Added: Apr 11 Changed: Jul 23 Last Checked: Aug 2 at 6:17AM

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 Kale Realty

Investment Insights

Based on property information with market context.

This turn-key triplex includes two units plus a finished basement/garden unit. The first floor features two bedrooms, one bathroom, and a den. The second floor offers three bedrooms, one bathroom, and a den/additional bed. The basement/garden unit provides one bedroom and one bathroom. The property has central A/C and heating for both above-ground units and includes two garage spaces. Updated electrical and plumbing were completed in 2009.

Located near everyday amenities, the property is described as walkable to bus service and the Orange Line, as well as shopping.

With three separate residential units and parking for two vehicles in a garage, this income property is presented as ready to occupy or rent out.

Key Highlights

  • Triplex with 2 above‑ground units plus a finished basement/garden unit
  • 1st‑floor unit: 2 beds, 1 bath, plus a den
  • 2nd‑floor unit: 3 beds, 1 bath, plus a den/additional bed

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Carpet & Flooring Store Nursing Home (Bike/Boat/Book/etc) Store Butcher Veterinary Clinic Tanning Salon

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

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,534
Businesses Nearby

Demographics for 60616, IL

54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value

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?
Triplex - Triplex offering two above-ground units plus a finished basement/garden unit with updated electrical and plumbing.
Where is this triplex located?
The property is located at 2719 S Emerald Ave Chicago, IL.
What are key features of this property?
This property features: Triplex with 2 above‑ground units plus a finished basement/garden unit; 1st‑floor unit: 2 beds, 1 bath, plus a den; 2nd‑floor unit: 3 beds, 1 bath, plus a den/additional bed
(312) 939-5253 Call to check price and availability
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