1526 East 72nd Place, Chicago, IL

$315,000

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0.14

Acres

About 1526 East 72nd Place

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.

Features of 1526 East 72nd Place

MLS® # 12467147
Price $315,000
Bathrooms 0.00
Acres 0.14
Year Built 1917
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 1526 East 72nd Place
Area CHI - South Shore
City Chicago
County Cook
State IL
Zip Code 60619

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling None
Fireplace No
Has Basement No

Exterior

Exterior Brick
Foundation Concrete Perimeter

Additional Information

Days on Market 40
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeExit Strategy Realty / EMA Management
Contact Info312-767-0572

Listing Map

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