Multifamily Apartment
For Sale
$449,900
1758 E 72nd Street, Chicago, IL 60649
For sale apartment building featuring an AMI regulatory agreement tied to investor or nonprofit partnership structures.
Property Size9,240 SF
Days on Market141
Property Features for 1758 E 72nd Street
General Information
Standard status
Active
Size
9,240 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$3,818
Building Details
Building Size
9,240 SF
Year Built
1928
Stories
3
Units
6
Listing Agency:
Keller Williams Preferred Rlty
(708) 798-1111
Listed By:
James Mattz · License #475095060
(708) 798-1111
Source:
Exit2newbeginningz
Added: Apr 6
Changed: Aug 24
Last Checked: Aug 8 at 9:38AM
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 Keller Williams Preferred Rlty
Investment Insights
Based on property information with market context.
This multifamily apartment building is offered for sale as a buy-and-hold property. The deal includes a regulatory agreement with an AMI requirement, which can shape underwriting and tenant eligibility depending on the program parameters. The listing is positioned for investors who are comfortable working within IDHA frameworks or nonprofit partnership structures.
The property is located at 1758 E 72nd Street in Chicago, Illinois (60649). Prospective buyers should review the regulatory agreement terms carefully as they relate to ongoing operations and compliance.
Given the presence of the AMI requirement and the stated relevance of IDHA or nonprofit partnerships, this asset is best suited for investors and ownership groups familiar with affordability-regulated multifamily operations. Buyers seeking a straightforward residential income asset should confirm how the regulatory agreement affects rent structure, tenant selection, and compliance obligations prior to making an offer.
The property is located at 1758 E 72nd Street in Chicago, Illinois (60649). Prospective buyers should review the regulatory agreement terms carefully as they relate to ongoing operations and compliance.
Given the presence of the AMI requirement and the stated relevance of IDHA or nonprofit partnerships, this asset is best suited for investors and ownership groups familiar with affordability-regulated multifamily operations. Buyers seeking a straightforward residential income asset should confirm how the regulatory agreement affects rent structure, tenant selection, and compliance obligations prior to making an offer.
Key Highlights
- Apartment building built in 1928
- Includes an AMI regulatory agreement tied to investor or nonprofit partnership structures
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,449
Businesses Nearby
Explore this area
Business Placement
Demographics for 60649, IL
48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - For sale apartment building featuring an AMI regulatory agreement tied to investor or nonprofit partnership structures.
Where is this apartment building located?
The property is located at 1758 E 72nd Street Chicago, IL.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Apartment building built in 1928; Includes an AMI regulatory agreement tied to investor or nonprofit partnership structures
