1516 W 72nd Street, Chicago IL 60636
Property Description
This lovely 2-unit building with an additional finished studio/attic space in West Englewood is a must-see! A spacious property offering two generous apartments, a full basement, finished attic space, and a detached 2-car garage. The first-floor unit features 2 bedrooms and 1 bathroom, while the recently renovated second-floor unit offers 3 bedrooms and 1 bathroom. The finished attic provides additional living space, including a bedroom, living area, and full bathroom, offering excellent flexibility for additional living or recreational space. Both main units feature bright, open living areas, hardwood floors, and plenty of natural light. With some cosmetic updates, there is significant potential to further enhance the property's appeal and value. The full basement provides ample storage space and includes a dedicated laundry area. The property also features separate utilities, new water heaters, and a newer roof that is only a few years old. Outside, the large backyard provides plenty of space for outdoor entertaining and gatherings, while the detached 2-car garage offers convenient parking and additional storage. Whether you're an investor looking for strong rental income potential or an owner-occupant seeking a spacious multi-unit property, this property offers an excellent opportunity in West Englewood. Conveniently located near public transportation, schools, parks, and shopping. The property is being sold AS-IS. Don't miss this opportunity to own a spacious and versatile investment property with excellent potential. Schedule your showing today!
Features & Information
Key Details
- List Price $279,999
- Property Taxes $1,688
- Year Built 1913
- Status Price Change
- List Market Time 22
Units
-
Unit 1
- Floor 1
- Rooms 5
- Beds 2
- Baths 1
- Appliances Stove, Refrigerator
- Rent $650/mo
- Tenant Pays All
- Lease Expires mo/mo
-
Unit 2
- Floor 2
- Rooms 6
- Beds 3
- Baths 1
- Appliances Stove, Refrigerator
- Rent $850/mo
- Tenant Pays All
- Lease Expires mo/mo
-
Unit 3
- Floor 3
- Rooms 3
- Beds 1
- Baths 1
- Appliances Stove, Refrigerator
- Rent $0/mo
- Tenant Pays All
- Lease Expires mo/mo
Exterior Features
-
Parking
- # of Cars: 2
Building Information
- Number of Units 3
- Age of Building 100+ Years
Location
- County Cook
- Township Lake
- Corporate Limits Chicago
- Directions to Property Take Ashland To 72nd Street. Go East To 1516
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 1688
- Tax Year 2023
- Parcel Identification Number 20291050190000
Listed by Brian Robinson for C T K Realty INC. | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 9/16/2026 1:32 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 West Englewood
West Englewood is a neighborhood on the move and in a state of transition. Transportation has always played a key role in the history of this southwest side Chicago neighborhood, and today is no different. The community's proximity to Midway International Airport and the Dan Ryan Expressway help to maintain its vitality and accessibility. Single-family houses and public parks are plentiful in West Englewood, and the business district along Western Avenue is expanding, enticing even more homebuyers to consider the available real estate in this affordable part of Chicago. Commuter friendly and full of housing options for budget-conscious buyers, West Englewood suits the needs of growing families who desire a home to call their own.
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