Chicago, IL 60619,1415 E 71st PL
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$625,000
Est. payment /mo
9 Beds
6 Baths
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12551642

Bedrooms 9

Year Built 2006

Tax Year 2023

Lot Dimensions 25x125

Property Sub-Type Two to Four Units

Property Description

Well-maintained and fully rented three-unit brick building offering strong in-place income with clear upside. Each unit features a consistent 3 bedroom, 2 bathroom layout with modern flooring, updated bathrooms, open living areas, and functional kitchens. Built in 2006 with solid construction, the property has a replaced roof and no known deferred maintenance. Units are occupied on year-to-year leases with rents currently below market, providing an opportunity for future rent growth. Tenants pay gas and electric; owner pays water. Three exterior parking spaces included. Conveniently located near public transportation, neighborhood retail, and major corridors, with easy access to South Shore, Lake Michigan, and downtown Chicago, making this an attractive option for investors or owner-occupants seeking a stabilized, financeable asset. (Pictures Coming Soon!)

Location

State IL

County Cook

Area Chi - South Shore

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None


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Midwest Real Estate Data (MRED) IDX
Listed by Newell Broadway of  Coldwell Banker Realty 

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Doug Anderson

Doug Anderson

Designated Managing Broker

+1(847) 687-3424

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1415 E 71st PL