1758 E 72nd Street, Chicago, IL 60649

Building Details

Year Built

1928

Listing office KELLER WILLIAMS PREFERRED RLTY t***@mattzmegagroup.com Show Phone

Listing date Apr 6, 2026

Source Corcoran

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

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Overview

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.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Chicago

County

Cook

State

Illinois

Longitude

-87.5812868

Latitude

41.7645475

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FAQs

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