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Duplex with Finished Attic Space
For Sale
$289,999

1516 W 72nd St, Chicago, IL 60619

Two apartments, supplemental finished living space, separate utilities, and a detached garage support flexible ownership or rental use.

Property SizeContact for details
Days on Market11

Property Features for 1516 W 72nd St

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income

Property Condition

Severity Repairs Needed
Evidence cosmetic updates

Units

Unit Mix 1 x 2BR/1BA, 1 x 3BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $1,688

Building Details

Buildings 1
Listing Agency: C T K Realty INC.
Listed By: Brian Robinson
Source: Exprealty
Added: Aug 24 Changed: Aug 31 Last Checked: Sep 1 at 11:05PM

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 C T K Realty INC.

Investment Insights

Based on property information with market context.

This Chicago duplex includes two apartments, a full basement, finished attic space, and a detached garage. The first-floor residence has 2 bedrooms and 1 bathroom, while the second-floor unit contains 3 bedrooms and 1 bathroom and has been recently renovated. Hardwood flooring, open living areas, and abundant natural light are featured in both primary units. The finished attic adds a bedroom, living area, and full bathroom, while the basement provides storage and a dedicated laundry area.

Separate utilities, new water heaters, and a newer roof add practical infrastructure value. Exterior features include a backyard and a detached 2-car garage for parking and storage. The property is near public transportation, schools, parks, and shopping, and is offered for sale AS-IS.

Key Highlights

  • Two‑unit building with 2‑bedroom and 3‑bedroom apartments
  • Finished attic includes a bedroom, living area, and full bathroom
  • Detached 2‑car garage with parking and storage capacity

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office (Bike/Boat/Book/etc) Store Computer & Electronic Repair HVAC Service

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

Location Intelligence

Trade Area within ½ mile

586
Businesses Nearby

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

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

What type of property is this?
Duplex - Two apartments, supplemental finished living space, separate utilities, and a detached garage support flexible ownership or rental use.
Where is this duplex located?
The property is located at 1516 W 72nd St Chicago, IL.
What is the asking price?
The asking price for this property is $289,999.
What are key features of this property?
This property features: Two‑unit building with 2‑bedroom and 3‑bedroom apartments; Finished attic includes a bedroom, living area, and full bathroom; Detached 2‑car garage with parking and storage capacity
More about this property
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