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Legal Three-Unit Property
New
For Sale
$779,000

1643 W 19th St, Chicago, IL 60608

Fully rented residential asset with off-street parking near schools, transit, shops, restaurants, and neighborhood amenities.

Property SizeContact for details
Days on Market5

Property Features for 1643 W 19th St

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Multi-Family
Occupancy 100%

Additional Details

Gross Income $63,600
Public Transit Yes
Multifamily Units 3

Building Details

Year Built 1888
Listing Agency: Smart Home Realty
Listed By: Thomas Bezanes · License #471018395
Source: Highriseschicago
Added: Sep 11 Changed: Sep 14 Last Checked: Sep 14 at 8:16AM

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 Smart Home Realty

Investment Insights

Based on property information with market context.

Built in 1888, this legal triplex contains three residential units with a combined seven bedrooms and three bathrooms. The property is fully rented and includes a 2-3 car parking pad, providing off-street parking for residents. Its multi-unit layout supports both an investment and owner-occupant use profile.

Located at 1643 W 19th St in Chicago’s Pilsen neighborhood, the property sits directly across from Cooper Elementary School. Restaurants, cafes, shops, parks, public transportation, and everyday neighborhood services are nearby, adding convenience for occupants and supporting the property’s established residential setting.

Key Highlights

  • Legal 3‑unit property with 7 bedrooms and 3 bathrooms
  • Fully rented across all three units
  • 2‑3 car off‑street parking pad

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Veterinary Clinic Bed & Breakfast Electrical Service Clothing & Fashion 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

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,050
Businesses Nearby

Demographics for 60608, IL

75,770
Population
32,617
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
12,221
Density / Sq Mi
$70,704
Median Household Income
$42,211
Median Earnings
$1,208
Median Rent
$341,500
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?
Triplex - Fully rented residential asset with off-street parking near schools, transit, shops, restaurants, and neighborhood amenities.
Where is this triplex located?
The property is located at 1643 W 19th St Chicago, IL.
What is the asking price?
The asking price for this property is $779,000.
What are key features of this property?
This property features: Legal 3‑unit property with 7 bedrooms and 3 bathrooms; Fully rented across all three units; 2‑3 car off‑street parking pad
More about this property
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