South Shore Multifamily Investment Property

1502-1510 E 74th St Chicago, IL 60619

Claim this Listing
For Sale
$950,000

12-unit multifamily property in Chicago's South Shore neighborhood.

Type:Multifamily
Property size:
10,700 SF
Price / SF:
$88/SF
Added:
Apr 7, 2026
Days on Market:
97
Last Refresh:
Jun 29 at 11:56 pm

Property Features for 1502-1510 E 74th St

General Information

Standard status
Active
Size
10,700 SF
Property subtype
Multifamily

Listing office 33 Realty

Listing date Apr 7, 2026

Source 33realty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of 33 Realty


Investment Insights

Based on property information with market context.

Located in Chicago's South Shore neighborhood, the property at 1502-1510 E 74th St offers an investment opportunity. This 10,700 SF multi-family mid-rise building features twelve apartment units at the corner of 74th St and Blackstone Ave. The unit mix comprises 11 one-bedroom, one-bathroom units and 1 studio, one-bathroom unit, showcasing classic Chicago design. The property has a boiler system, renovated bathrooms, and 40 amp service. There are two coin-operated washers and two dryers. A new roof layer was installed in 2016. The property is located within 45 minutes of Midway Airport and minutes from Lakeshore Drive, I-94, and I-90. There is the ability to raise rents by 16%.

Key Highlights

  • Multi‑family property featuring twelve apartment units.
  • Great potential to raise rents by 16%.
  • Eleven one‑bedroom, one‑bathroom units included.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Kitchen & Bath Showroom Cafe & Coffee Shop Dental Office Acupuncture Computer & Electronic Repair Locksmith Building Supply Plumbing Service HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 12-unit multifamily property in Chicago's South Shore neighborhood.
Where is this apartment building located?
The property is located at 1502-1510 E 74th St Chicago, IL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Multi‑family property featuring twelve apartment units.; Great potential to raise rents by 16%.; Eleven one‑bedroom, one‑bathroom units included.
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