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Property Description

Maximize your ROI with this exceptional middle-income rental development opportunity! This solid Chicago brick building, complete with balconies, is strategically located in a transit-connected hub, blocks from Metra, Jackson Park, and the Obama Library site, and just a stone's throw from the lakefront. Though in need of a full rehab, the payoff is immense. Currently set up as six 2 Bed/1 Bath units, the exceptionally high basement provides valuable space for potential expansion and increased revenue. This isn't just any building; it's a solid masonry structure with a steel center beam, built to last, a tank of a building. Plus, enjoy the added convenience of a brick 5-car garage on the alley.

Features & Information

Key Details

List Price $315,000
Property Taxes $3,388
Price/ Sq. Ft. Unavailable
Year Built 1917
Status New

Building Information

Age of Building Older
Exterior Construction Brick
Foundation Concrete
Heating & Cooling Gas, Hot Water

Location

County Cook
Directions to Property 71st Street And Stony Island To 72nd Place

Property Taxes
Tax 3388
Parcel Identification Number 20262110130000

Listed by: Exit Strategy Realty / EMA Management | Phone: 312.767.0572
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 9/13/2025 5:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore South Shore

Historic parks and extensive beaches meet down-to-earth, affordable living in this beautiful south side Chicago neighborhood. South Shore is a sprawling community that encompasses expansive public recreation space and ambitious civic organizations. The neighborhood cultural center acts as a hub for outdoor amusement with lengthy walking trails, a bird sanctuary, all-ages sports programs, and waterfront grounds that offer breathtaking views of downtown Chicago. When night falls in the summer, movies and live music take place at the center, bringing neighbors and families together. A healthy retail corridor along 71st Street gives the area a cosmopolitan touch and the selection of down-home cooking available at the restaurants in South Shore is enough to satisfy any comfort food craving.

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