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1526 E 72nd Place

Chicago, IL 60619
  • $315,000
  • STATUS: Active
  • ON SITE: 126 Days
  • MLS #: 12467147
UPDATED: 45 min ago
$315,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1917
County:
Area:

School Ratings & Info

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. Seller willing to offer seller financing for this building.

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2026-01-14T11:10:23.037 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1526 E 72nd Place Chicago, IL 60619

  • Price: $315,000
  • Status: Active
  • On Site: 126 Days
  • Updated: 45 min ago
  • MLS #: 12467147
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1917
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
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. Seller willing to offer seller financing for this building.
Exterior Features

Foundation Details Concrete Perimeter

Interior Features

Cooling None Heat Ventilation GasHot Water

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 5736 Built Before1978 YN Yes Electric Circuit Breakers Gross Income 86400 Gross Scheduled Income 7200 Insurance Expense 0 Maintenance Expense 0 Mls Actual Status Active Net Operating Income 66400 Operating Expense 11200 Tax Annual Amount 3388 Tax Year 2023 Tenant Pays None Total Monthly Income 5100 Type Multi Family 5+ Zoning MULTI

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of Exit Strategy Realty / EMA Management: 312-767-0572.


© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2026-01-14T11:10:23.037 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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7300 S Cottage Grove Ave Suite B
Chicago IL, 60619-1910