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Duplex With Basement In-Law Unit
For Sale
$550,000

1957 E 72nd Street, Chicago, IL 60649

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market52

Property Features for 1957 E 72nd Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 7, Bedroom 8, Basement, Bathroom 3, Bathroom 4, Bedroom 6, Bedroom 4, Bedroom 3, Bedroom 5
Basement Unfinished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions S Jeffrey to E 72nd to property
Subdivision CHI - South Shore
Standard status Active
APN 20251210080000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3950

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1895
Building materials Vinyl Siding
Listing Agency: EXIT Strategy Realty · EXIT Realty
Listed By: Peter LoPresti · License #475172184
Added: Jul 27 Changed: Sep 14 Last Checked: Sep 16 at 7:06PM
MLS# 12703804

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1895, this Chicago residential property contains two primary units plus an additional in-law unit in the basement. The layout supports separate household arrangements and may accommodate an owner-occupant, subject to applicable requirements. Public water and public sewer serve the property, with natural gas heating.

Located in Chicago’s South Shore neighborhood, the property is near public transportation, Jackson Park, the University of Chicago, the lakefront, shopping, dining, and major expressways. It is also situated within an ADU District, with any additional use or approvals subject to the City of Chicago.

Key Highlights

  • Two‑unit building with an additional basement in‑law unit
  • Built in 1895
  • Located in Chicago’s South Shore neighborhood

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Building Supply HVAC Service Carpet & Flooring Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,478
Businesses Nearby

Demographics for 60649, IL

48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with an additional basement unit and owner-occupant flexibility.
Where is this duplex located?
The property is located at 1957 E 72nd Street Chicago, IL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two‑unit building with an additional basement in‑law unit; Built in 1895; Located in Chicago’s South Shore neighborhood
More about this property
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