Street-Level
For Sale
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1758 W 19th Street, Chicago, IL 60608
Ground-floor space in a mixed-use building sits among dense residential surroundings in Pilsen.
Property Size1,888 SF
Price / SF$0.01
Days on Market31
Property Features for 1758 W 19th Street
General Information
Standard status
Active
Size
1,888 SF
Property subtype
Neighborhood Storefront
Building Details
Year Built
1893
Listing Agency:
First Western Properties
(773) 545-2000
Listed By:
Paul Tsakiris · License #471005153
(773) 355-4780
Source:
Helenoliveri
Added: Oct 2
Changed: Oct 28
Last Checked: Oct 28 at 4:34PM
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 First Western Properties
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Investment Insights
Based on property information with market context.
This 1,888-square-foot storefront occupies the ground floor of a mixed-use building with residential units above. Built in 1893, the property is configured for street-level commercial occupancy in Chicago’s Pilsen area.
The storefront is at 1758 W 19th Street, near Wood Street. The CTA Pink Line’s 18th Street station is approximately 0.3 miles away, with UIC, the Illinois Medical District, and downtown Chicago also noted as nearby destinations.
The storefront is at 1758 W 19th Street, near Wood Street. The CTA Pink Line’s 18th Street station is approximately 0.3 miles away, with UIC, the Illinois Medical District, and downtown Chicago also noted as nearby destinations.
Key Highlights
- 1,888‑square‑foot ground‑floor storefront
- Residential units are located above the commercial space
- Near Wood Street in Pilsen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,120
Suggested Prices Based on Cap Rates
Cap Rate 5%
$522,400
$522.4K
Cap Rate 7%
$373,143
$373.1K
Cap Rate 9%
$290,222
$290.2K
Market Conditions
NOI Build-Up for 1,888 SF
Gross rent
$40.8K $21.60/SF
− Vacancy
−$3.5K −$1.84/SF
EGI
$37.3K $19.76/SF
− OpEx
−$11.2K −$5.93/SF
NOI
$26.1K $13.83/SF
Area
Chicago, IL
Vacancy
8.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$522,400
Cap Rate 7%
$373,143
Cap Rate 9%
$290,222
Alternative Uses
Best Use
Retail
$373.1K
$326.5K – $435.3K
NOI $26,120 @ 7.0% cap · market cap 130,600.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$890.2K
$778.9K – $1.04M
NOI $62,313 @ 7.0% cap · market cap 311,565.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,760
Businesses Nearby
382k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 45%
Shops & Services 36%
Groceries 13%
Dining 4%
Costco Wholesale
Superstores
170,820 visits/mo
0.4 miles
Costco Gasoline
Shops & Services
80,339 visits/mo
0.5 miles
Aldi
Groceries
48,342 visits/mo
0.4 miles
BP
Shops & Services
23,707 visits/mo
0.4 miles
Taqueria Los Comales
Dining
17,083 visits/mo
0.4 miles
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Chicago, IL
Similar Off Market Nearby
- Blu Oasis Floral — 2244 S Blue Island Ave, Chicago, IL 60608
- The Hood Florist — 1508 W 18th St, Chicago, IL 60608
- Soul Full Chicago — 1508 W 18th St, Chicago, IL 60608
- Semillas — 1848 S Blue Island Ave, Chicago, IL 60608
- Jazmin Flowers & Balloons — 1414 W 18th St, Chicago, IL 60608
Frequently Asked Questions
What type of property is this?
Storefront property - Ground-floor space in a mixed-use building sits among dense residential surroundings in Pilsen.
Where is this storefront property located?
The property is located at 1758 W 19th Street Chicago, IL.
What are key features of this property?
This property features: 1,888‑square‑foot ground‑floor storefront; Residential units are located above the commercial space; Near Wood Street in Pilsen
