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4-Unit Multifamily Property
For Sale
$495,000
Pending

719 S Aberdeen Street, Chicago, IL 60607

Two of the four units are currently occupied in a building that requires substantial rehabilitation.

Property SizeContact for details
Days on Market112

Property Features for 719 S Aberdeen Street

General Information

Standard status Pending
Property subtype MULTI_FAMILY

Property Condition

Severity Teardown
Evidence Needs major rehab/tear down

Site & Location

Neighborhood Little Italy

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $12,001

Building Details

Year Built 1888
Listing Agency: New West Realty Partners LLC
Listed By: Donna Anello-Surma
Source: Meridianchicago
Added: Jul 14 Changed: Nov 2 Last Checked: Oct 31 at 2:18PM

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 New West Realty Partners LLC

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Investment Insights

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This four-unit multifamily property dates to 1888 and has brick beneath its exterior siding. Two units are currently occupied; the building requires major rehabilitation or may be considered for replacement. The listing notes that additional levels could be added, though no specific development approvals are stated.

Located at 719 S Aberdeen Street in Chicago, the property has been held by the same family for approximately 100 years.

Key Highlights

  • Four residential units
  • Built in 1888
  • Two units currently occupied

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

4,140
Businesses Nearby

Demographics for 60607, IL

31,816
Population
16,540
Households
1.9
Avg Household Size
31
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
13,833
Density / Sq Mi
$126,307
Median Household Income
$79,870
Median Earnings
$2,333
Median Rent
$494,300
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

Frequently Asked Questions

What type of property is this?
Quadplex - Two of the four units are currently occupied in a building that requires substantial rehabilitation.
Where is this quadplex located?
The property is located at 719 S Aberdeen Street Chicago, IL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Four residential units; Built in 1888; Two units currently occupied
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