1526 E 72nd Place Chicago, IL $ 315,000
1526 E 72nd Place
$ 315,000
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1526 E 72nd Place

Chicago, IL, 60619
$ 315,000
Bedrooms12 Baths0.0 Sq 5,736

Monthly Estimate*

$ 1,965

1526 E 72nd Place, Chicago, IL 60619 - Image 1
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1526 E 72nd Place, Chicago, IL 60619 - Image 4
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1526 E 72nd Place, Chicago, IL 60619 - Image 8
1526 E 72nd Place, Chicago, IL 60619 - Image 9
1526 E 72nd Place, Chicago, IL 60619 - Image 10
1526 E 72nd Place, Chicago, IL 60619 - Image 11

Multi-Family Home for sale in Chicago, IL

for $315,000 with 12 bedrooms. This 5,736 square foot home was built in 1917 on a lot size of 0.14.

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. Seller willing to offer seller financing for this building.

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Multi-Family Active

Price

$ 315,000

Bedrooms

12

Property Type

Multi-Family

Taxes

$ 3,388

Style

Lot Size

0.14

Year Built

1917

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12467147

Features
General
Cooling None
Zoning MULTI
Construction Materials Brick
Year Built 1917
Electric Circuit Breakers
Tenant Pays None
Stories Count 3
Tax Year 2023
Gross Income 86400
County Cook
Net Operating Income 66400
Operating Expense 11200
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status Active
Directions 71st Street and stony island to 72nd place
City Chicago
Number Of Units Total 6
MLS Area CHI - South Shore
Lot Size Square Feet 6250
Tax Annual Amount 3388
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 5736
Lot Dimensions 50X125
Lot Size Acres 0.14
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* Excluded Features
List By
Exit Strategy Realty / Ema Management

Broker

derek@derekwalvoord.com;derek@derekwalvoord.com

Email

Affordability Calculator

$2,248
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,965
Monthly Property Taxes
$282
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/9/2025$315,000 Listed Price

Map


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1526 E 72nd Place, Chicago, IL, 60619 is a Multi-Family Home for sale at $315,000 with 5,736 sqft and a lot size of 0.14. 1526 E 72nd Place has 12 bedrooms, 0.0 baths, and was built in 1917. The property's zip code is 60619 which is in Chicago, IL