2525 E 72nd Place, Chicago IL 60649
Property Description
INVESTOR SPECIAL | PART OF A 5-PROPERTY CHICAGO PORTFOLIO. Exceptional multi-unit opportunity in South Shore! This spacious 2-flat brick building features two large 3-bedroom units, offering 6 total bedrooms, 2 full baths, an unfinished basement, and a 1-car detached garage on a 3,400 square foot lot. Each unit boasts the same layout with excellent natural light, making it a powerful tenant-retention asset in a high-demand rental corridor located near the South Shore Cultural Center, The Obama Presidential Library, and Rainbow Beach. Please note this property is strictly being sold as a package deal alongside four other properties (5 total) and will not be sold individually. This is an exceptional opportunity to acquire instant scale and immediate cash flow across key Chicago submarkets in one transaction.
Features & Information
Key Details
- List Price $349,999
- Property Taxes $3,570
- Year Built 1926
- Status New
- List Market Time 1
Units
-
Unit 1
- Floor 1
- Rooms 5
- Beds 3
- Baths 1
- Appliances Stove, Refrigerator
- Rent $1,475/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 01/27
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Unit 2
- Floor 2
- Rooms 5
- Beds 3
- Baths 1
- Appliances Stove, Refrigerator
- Rent $1,500/mo
- Tenant Pays Electric,Gas,Heat,Other
- Lease Expires 07/27
Exterior Features
-
Parking
- # of Cars: 1
Building Information
- Number of Units 2
- Age of Building 91-100 Years
Location
- County Cook
- Township Hyde Park
- Corporate Limits Chicago
- Directions to Property Located Off Exchange Ave, North Of 73rd St. South Of 72nd Street.
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
- School Name Chicago Vocational Achievement A
-
Property Taxes
- Tax 3570
- Tax Year 2024
- Tax Exemptions None
- Parcel Identification Number 21301060150000
Based on information submitted to the MLS GRID as of 9/25/2026 2:02 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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