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Three-Unit Income Property
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3619 W 5th Avenue, Chicago, IL 60624

Two main units plus a garden-level in-law setup, with 2024–2025 updates to kitchens, plumbing, roof, and systems.

Property SizeContact for details
Days on Market217

Property Features for 3619 W 5th Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multifamily
Zoning MULTI

Building Details

Year Built 1906
Listing Agency: @properties Christie's International Real Estate
Listed By: Peter Bellert
Source: Crexi
Added: Feb 4 Changed: Aug 13 Last Checked: Sep 9 at 7:24AM

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 @properties Christie's International Real Estate

Investment Insights

Based on property information with market context.

This three-unit income property includes two main units and a garden-level in-law arrangement with its own separate entrance. The 1st floor unit offers 4 bedrooms and 2 bathrooms and is currently leased on a 12-month lease. The 2nd floor unit provides 5 bedrooms and 2 bathrooms and is currently vacant. The garden level features 2 bedrooms and 1 bathroom and is also vacant. Recent improvements include updated kitchens and one bathroom in both the 1st and 2nd floor units (2025).

Mechanical and building system updates include a furnace replacement for the shared furnace serving the 1st floor and garden level in 2024, while the 2nd floor has a separate furnace. The property also has PVC and copper plumbing, mostly rigid electrical, a brand-new rubber roof with 2-inch insulation (2025), and all brickwork completed in 2025.

Overall, the layout supports flexible rental configurations across the two main floors and the garden-level in-law unit, with updated interiors and systems intended to support ongoing income potential.

Key Highlights

  • Chicago 2‑flat with 11 bedrooms and 5 bathrooms across two main units plus a garden‑level in‑law setup
  • 1st floor unit (4BD/2BA) currently leased at $2,150/mo on a 12‑month lease
  • 2nd floor unit (5BD/2BA) currently vacant with estimated rent of $2,700/mo

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

1,048
Businesses Nearby

Demographics for 60624, IL

37,547
Population
16,250
Households
2.3
Avg Household Size
34
Median Age
13%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
10,728
Density / Sq Mi
$32,607
Median Household Income
$30,924
Median Earnings
$1,152
Median Rent
$223,200
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 - Two main units plus a garden-level in-law setup, with 2024–2025 updates to kitchens, plumbing, roof, and systems.
Where is this triplex located?
The property is located at 3619 W 5th Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Chicago 2‑flat with 11 bedrooms and 5 bathrooms across two main units plus a garden‑level in‑law setup; 1st floor unit (4BD/2BA) currently leased at $2,150/mo on a 12‑month lease; 2nd floor unit (5BD/2BA) currently vacant with estimated rent of $2,700/mo
More about this property
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