Six-Unit Brick Apartment
For Sale
$315,000
1526 East 72nd Place, Chicago, IL 60619
Balconies and a high basement complement the existing multifamily layout.
Property Size6,250 SF
Price / SF$50.40
Days on Market505
Property Features for 1526 East 72nd Place
General Information
Standard status
Active
Size
6,250 SF
Total Parking Spaces
5
Property subtype
Multi Family 5+ / Multi Family 5+-Garden Complex
Zoning
MULTI
Net Operating Income
$66,400
Property Condition
Severity
Major Repairs Needed
Evidence
in need of a full rehab
Units
Unit Mix
6 x 2BR/1BA
Multifamily Units
6
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$3,388
Amenities
balconies
Building Details
Year Built
1917
Buildings
1
Stories
3
Construction
masonry
Listing Agency:
Exit Strategy Realty / EMA Management
(312) 543-2481
Listed By:
Derek Walvoord · License #475193959
(312) 543-2481
Source:
Compass
Added: Apr 13, 2025
Changed: Aug 29
Last Checked: Aug 29 at 2:12PM
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 Exit Strategy Realty / EMA Management
Investment Insights
Based on property information with market context.
Built in 1917, this multifamily property is a Chicago brick structure arranged as six two-bedroom, one-bathroom apartments. The building includes balconies, a notably high basement, and a steel center beam. It requires a full rehabilitation, providing a clear opportunity to reposition the existing residential layout. A separate brick garage with five parking spaces is located along the alley.
The property is in a transit-connected area near Metra, with Jackson Park, the Obama Library site, and the lakefront identified nearby. MULTI zoning supports the building’s apartment use.
The property is in a transit-connected area near Metra, with Jackson Park, the Obama Library site, and the lakefront identified nearby. MULTI zoning supports the building’s apartment use.
Key Highlights
- Six 2 Bed/1 Bath apartment units
- Chicago brick construction with a steel center beam
- Built in 1917 and requires a full rehab
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,061
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 - Balconies and a high basement complement the existing multifamily layout.
Where is this apartment building located?
The property is located at 1526 East 72nd Place Chicago, IL.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Six 2 Bed/1 Bath apartment units; Chicago brick construction with a steel center beam; Built in 1917 and requires a full rehab
