Chicago, IL 60619 1526 E 72nd Place
$315,000
19 more
Presented By: Exit Strategy Realty / EMA Management
Beds • 12
SQFT • 5,736
Home Details
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.
Presented By: Exit Strategy Realty / EMA Management
General for 1526 E 72nd Place
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingNone
CountyCook
Directions71st Street and stony island to 72nd place
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Gross Income86400
Insurance Expense
Lot Size Square Feet6250
MLS AreaCHI - South Shore
Maintenance Expense
ModificationTimestamp2025-05-21T15:16:01.807Z
Net Operating Income66400
Number Of Units Total6
Operating Expense11200
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount3388
Tax Year2023
Tenant PaysNone
Trash Expense0
Water Sewer Expense0
Year Built1917
ZoningMULTI
Exterior for 1526 E 72nd Place
Building Area Total5736
Foundation DetailsConcrete Perimeter
Lot Dimensions50X125
Lot Size Acres0.14
Additional Details
Price History
