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Listed by Derek Walvoordof Exit Strategy Realty / EMA Management
$ 315,000
Est. payment /mo
Active
1526 E 72nd Place Chicago, IL 60619
5,736 SqFt
UPDATED:
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 12467147
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. Seller willing to offer seller financing for this building.
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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