1526 E 72nd Place Active

Chicago,IL 60619

$ 315000

- Bed

- Bath

5736 SqFt


Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 5,736 sqft

Price per Sqft $54

MLS Listing ID 12357164

Year Built 1917

Annual Tax Amount $3,388

Tax Year 2023

Lot Size 6,098 Sqft

Lot Dimensions 50X125

Property Sub-Type Multi Family 5+

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.

Location

State IL

County Cook

Zoning MULTI

Interior

Cooling None

Fireplace N

Exterior

View Y/N true

Building

Foundation Concrete Perimeter

Structure Type Brick

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