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Brick Duplex With Basement Unit
For Sale
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1957 E 72nd Street, Chicago, IL 60649

Brick construction includes an additional basement in-law unit and placement within an ADU District.

Property SizeContact for details
Days on Market26

Property Features for 1957 E 72nd Street

General Information

Standard status Active
Property subtype Multifamily

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 3

Building Details

Year Built 1895
Construction solid brick
Listing Agency: EXIT Strategy Realty
Listed By: Peter LoPresti
Source: Crexi
Added: Jul 27 Changed: Aug 21 Last Checked: Aug 21 at 11:23AM

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

Investment Insights

Based on property information with market context.

Built in 1895, this brick duplex contains two primary residential units plus an additional in-law unit in the basement. The configuration offers separate living areas within a compact multifamily property, while the basement space adds flexibility for household use or occupancy planning.

The property is located at 1957 E 72nd Street in Chicago’s South Shore neighborhood, near public transportation, Jackson Park, the University of Chicago, the lakefront, shopping, dining, and major expressways. It is situated within an ADU District; any related use or approval remains subject to City of Chicago requirements.

Key Highlights

  • Two‑unit brick building constructed in 1895
  • Additional in‑law unit located in the basement
  • Situated within an ADU District

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Building Supply HVAC Service Carpet & Flooring Store Skin Care Clinic

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,478
Businesses Nearby

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

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 - Brick construction includes an additional basement in-law unit and placement within an ADU District.
Where is this duplex located?
The property is located at 1957 E 72nd Street Chicago, IL.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Two‑unit brick building constructed in 1895; Additional in‑law unit located in the basement; Situated within an ADU District
(224) 595-2339 Call to check price and availability
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