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7-Unit Apartment Building
For Sale
$975,000

1619 E 70th Street, Chicago, IL 60649

Renovated multifamily property with central air conditioning, individual furnaces, and an attached garage.

Property SizeContact for details
Days on Market20

Property Features for 1619 E 70th Street

General Information

Standard status Active
Total Parking Spaces 1
Property subtype MULTI_FAMILY

Units

Unit Mix 6 x 2BR, 1 x studio
Multifamily Units 7

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $11,727

Amenities

individual furnaces with central A/C

Building Details

Year Built 1932
Year Renovated 2021
Buildings 1
Listing Agency: Halsted Taylor Real Estate
Listed By: Anthony Golob · License #471015175
Source: Dawnmckennagroup
Added: Sep 3 Changed: Sep 10 Last Checked: Sep 21 at 7:44AM

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 Halsted Taylor Real Estate

Investment Insights

Based on property information with market context.

This 7-unit apartment building offers a unit mix of six two-bedroom apartments and one studio. A gut renovation completed in 2021 addressed the major mechanical systems, while each residence has its own furnace and central A/C. The property also includes an attached one-car garage.

Set on a cul-de-sac block in the Jackson Park Highlands neighborhood, the building is near a Metra stop and approximately a 20-minute drive from downtown Chicago. Originally built in 1932, the property combines updated building systems with a defined apartment configuration and transportation access.

Key Highlights

  • 7‑unit apartment building with six 2‑bedroom units and one studio
  • Gut renovation completed in 2021, including all major mechanical systems
  • Individual furnaces and central A/C in each unit

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Computer & Electronic Repair Kitchen & Bath Showroom Storage Facility

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

7
Residential units

Location Intelligence

Trade Area within ½ mile

1,016
Businesses Nearby

Demographics for 60649, IL

48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Apartment building - Renovated multifamily property with central air conditioning, individual furnaces, and an attached garage.
Where is this apartment building located?
The property is located at 1619 E 70th Street Chicago, IL.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 7‑unit apartment building with six 2‑bedroom units and one studio; Gut renovation completed in 2021, including all major mechanical systems; Individual furnaces and central A/C in each unit
More about this property
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