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Multifamily Building with Detached Garage
For Sale
$480,000

1519 N Latrobe Ave, Chicago, IL 60651

Each unit has separate utilities, complemented by whole-building water filtration for occupants.

Property SizeContact for details
Days on Market47

Property Features for 1519 N Latrobe Ave

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Highway Access Yes
Public Transit Yes

Amenities

whole-building water filtration system

Building Details

Year Built 1920
Listing Agency: RE/MAX Ultimate Professionals
Listed By: Teresa Ryan
Source: Ryanhillgroup
Added: Jul 13 Changed: Aug 28 Last Checked: Aug 26 at 12:54PM

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 RE/MAX Ultimate Professionals

Investment Insights

Based on property information with market context.

This multifamily property at 1519 N Latrobe Ave in Chicago was built in 1920 and contains multiple residential units. Separate utility service for each unit supports direct tenant billing, while a whole-building water filtration system serves the occupants. The property also includes spacious living areas, a detached garage with additional parking, and a basement that provides storage and utility space.

The building is near schools, parks, shopping, restaurants, public transportation, and major expressways. Its combination of separate utilities, accessory parking, and basement space provides practical features for a multi-unit residential property.

Key Highlights

  • Multi‑unit multifamily building at 1519 N Latrobe Ave, Chicago, IL 60651
  • Built in 1920
  • Separate utilities for each unit

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) Store

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,095
Businesses Nearby

Demographics for 60651, IL

62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Each unit has separate utilities, complemented by whole-building water filtration for occupants.
Where is this multifamily property located?
The property is located at 1519 N Latrobe Ave Chicago, IL.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Multi‑unit multifamily building at 1519 N Latrobe Ave, Chicago, IL 60651; Built in 1920; Separate utilities for each unit
More about this property
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