712 19Th St Chicago, IL 60616
This 6,060 square foot, three-story brick building, built in 1914, presents a unique redevelopment opportunity in Chicago's vibrant East Pilsen neighborhood. Currently zoned RT-4, the property offers exceptional versatility, suitable for conversion into multifamily housing, a hostel, single-family homes, or office space. The building features approximately 2,020 square feet per floor on two above-grade levels, plus an additional 2,000 square feet of garden-level space. A three-car garage and outdoor area add further value. Its Transit Oriented Development (TOD) zoning enhances accessibility, with convenient walking distance to CTA and Metra stations. The location provides easy access to major interstates (I-90/94, I-55, and I-290), the Chicago Business District, and numerous amenities including spas, grocery stores, restaurants, and art galleries. Proximity to the University of Illinois at Chicago (UIC) and the Illinois Medical District ensures a strong potential rental base. The asking price is $475,000. APN: 17-21-312-013-0000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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