South Shore Multifamily Investment
For Sale
$950,000
1502-1510 E 74th St, Chicago, IL 60619
12-unit multifamily property in Chicago's South Shore neighborhood.
Property Size10,700 SF
Price / SF$88.79
Days on Market131
Property Features for 1502-1510 E 74th St
General Information
Standard status
Active
Size
10,700 SF
Property subtype
Multifamily
Building Details
Building Size
10,700 SF
Listing Agency:
33 Realty
(312) 662-9590
Listed By:
Brian Mond · License #471022047
Source:
33realty
Added: Apr 7
Changed: Aug 13
Last Checked: Aug 14 at 5:50AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
1,046
Businesses Nearby
Explore this area
Business Placement
Demographics for 60619, IL
63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
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.
