South Shore Multifamily Investment
1502-1510 E 74th St, Chicago, IL 60619
12-unit multifamily property in Chicago's South Shore neighborhood.
Type:Multifamily
Property size:
10,700 SFPrice / SF:
$88/SF- Added:
- Nov 21, 2025
- Days on Market:
- 182
- Last Refresh:
- Apr 5 at 8:09 pm
Property Features for 1502-1510 E 74th St
General Information
- Standard status
- Active
- Size
- 10,700 SF
- Property subtype
- Multifamily
Listing agent Brian Mond License #475178997 (312) 662-9590
Listing office (312) 662-9590
Listing date Nov 21, 2025
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 Brian Mond
HighLights
- Stable, fully occupied 12‑unit multi‑family property with attractive cash flows.
- Significant upgrades including a new roof (2016), upgraded windows, and renovated bathrooms.
- Located in Chicago's vibrant South Shore neighborhood, near Lake Michigan, cultural attractions, and dining.
- Tenants enjoy landlord‑paid heat and on‑site coin‑operated laundry facilities.
- Convenient access to Downtown Chicago via Lake Shore Drive and public transportation (CTA, Metra).
- Potential to raise rents by 16%.
Overview
Located in Chicago's South Shore neighborhood, this 10,700 square foot multi-family mid-rise property at 1502-1510 E 74th St features twelve apartment units at the corner of 74th St and Blackstone Ave. The property includes 11 one-bedroom, one-bathroom units and 1 studio, one-bathroom unit, showcasing classic Chicago design. A new roof was installed in 2016, and the property features upgraded windows with aluminum frames and renovated bathrooms. The building is fully occupied with tenants on average three-year leases. Landlord-paid heat is provided, and tenants have access to coin-operated laundry facilities with two washers and two dryers in the basement. The property has a boiler system and 40 amp service. The property is located in Chicago's vibrant South Shore neighborhood, along the city's southern lakefront, and is within 45 minutes to Midway Airport and minutes to Lakeshore Drive, I-94, and I-90. There is potential to raise rents by 16%.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.5882
- Latitude
- 41.7607
Nearby Similar for Sale
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: Stable, fully occupied 12‑unit multi‑family property with attractive cash flows.; Significant upgrades including a new roof (2016), upgraded windows, and renovated bathrooms.; Located in Chicago's vibrant South Shore neighborhood, near Lake Michigan, cultural attractions, and dining.
