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Duplex with Basement In-Law Unit
For Sale
$589,000

1957 E 72nd Street, Chicago, IL 60649

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market25

Property Features for 1957 E 72nd Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bedroom 4, Bathroom 1, Basement, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 8, Bedroom 6, Bathroom 4, Bathroom 3, Bedroom 2, Bedroom 7
Basement Unfinished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions S Jeffrey to E 72nd to property
Subdivision CHI - South Shore
Standard status Active
APN 20251210080000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3950

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1895
Building materials Vinyl Siding
Listing Agency: EXIT Strategy Realty · EXIT Realty
Listed By: Peter LoPresti · License #475172184
Added: Jul 27 Changed: Aug 20 Last Checked: Aug 20 at 3:06PM
MLS# 12703804

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Chicago residential property contains two dwelling units plus an additional in-law living area in the basement. The room count includes 8 bedrooms and 4 bathrooms, with natural gas heating, public water, and public sewer. Built in 1895, the building also includes a basement and may accommodate multigenerational living or an owner-occupant arrangement.

The property is located near public transportation, Jackson Park, the University of Chicago, the lakefront, shopping, dining, and major expressways. Its ADU District designation may support additional residential flexibility, subject to City of Chicago approvals.

Key Highlights

  • Two‑unit residential building with an additional basement in‑law unit
  • 8 bedrooms and 4 bathrooms
  • Located within an ADU District, subject to City of Chicago approvals

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with basement living space in an ADU District, subject to City of Chicago approvals.
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 residential building with an additional basement in‑law unit; 8 bedrooms and 4 bathrooms; Located within an ADU District, subject to City of Chicago approvals
More about this property
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