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Brick Triplex with Basement Unit
For Sale
$579,000

1957 E 72nd Street, Chicago, IL 60649

The layout combines two primary units with an additional basement in-law unit.

Property SizeContact for details
Days on Market27

Property Features for 1957 E 72nd Street

General Information

Standard status Active
Property subtype Residential Income
Zoning ADU District

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $3,950

Building Details

Year Built 1895
Buildings 1
Construction solid brick
Listing Agency: EXIT Strategy Realty
Listed By: Peter LoPresti
Source: Birdrealtysells
Added: Jul 27 Changed: Aug 22 Last Checked: Aug 22 at 5:10AM

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 triplex includes two primary units and an additional in-law unit located in the basement. The configuration supports varied residential use, including multigenerational occupancy or an owner-occupant arrangement, as described for the property.

The building is in Chicago’s South Shore neighborhood, with access to public transportation, Jackson Park, the University of Chicago, the lakefront, shopping, dining, and major expressways. It is also situated within an ADU District, with any additional value or future use subject to City of Chicago approvals.

Key Highlights

  • Brick triplex built in 1895
  • Two primary units plus an additional basement in‑law unit
  • Located within an ADU District

Property Analytics

Current Use

Triplexes

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - The layout combines two primary units with an additional basement in-law unit.
Where is this triplex located?
The property is located at 1957 E 72nd Street Chicago, IL.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: Brick triplex built in 1895; Two primary units plus an additional basement in‑law unit; Located within an ADU District
More about this property
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