$315,000

1526 E 72nd Place, Chicago, IL 60619

  • 5,736 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1917
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $55/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Maximize your ROI with this exceptional middle-income rental development opportunity! This solid Chicago brick building, complete with balconies, is strategically located in a transit-connected hub, blocks from Metra, Jackson Park, and the Obama Library site, and just a stone's throw from the lakefront. Though in need of a full rehab, the payoff is immense. Currently set up as six 2 Bed/1 Bath units, the exceptionally high basement provides valuable space for potential expansion and increased revenue. This isn't just any building; it's a solid masonry structure with a steel center beam, built to last, a tank of a building. Plus, enjoy the added convenience of a brick 5-car garage on the alley.

Listing Status:
Active
Listing Office:
Exit Strategy Realty / EMA Management : 312-543-2481
Listing Agent:
Derek Walvoord : 312-543-2481
MLS ID:
12467147
  • A/C: None
  • General: Concrete Perimeter
  • Originating MLS: mred
  • County: Cook
  • Zoning: MULTI20262110130000
  • Utilities: Circuit Breakers
  • Source: mred

This listing courtesy of Derek Walvoord, Exit Strategy Realty / EMA Management

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Madison Elementary School

7433 S Dorchester Ave, Chicago, IL, 60619

Grades KG-8

0.29 miles away

M

Madison Elementary School

7433 S Dorchester Ave, Chicago, IL, 60619

Grades KG-8

0.29 miles away

S

South Shore International College Prep High School

1955 E 75th St, Chicago, IL, 60649

Grades 12-12

0.64 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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