NOT LISTED FOR SALE

1502 E 71st Place Unit 2 Chicago, IL 60619

Grand Crossing Neighborhood
4 Beds
1 Bath
1,500 Sq Ft
1895 Built

Highlights

  • Living Room
  • 3-minute walk to Stony Island Station
  • 4-minute walk to Chestnut Park

About This Home

As of May 2022

UPDATE: MAY 8TH MOVE-IN. Very nice 4 bedrooms and 1 bath (Room sizes are estimated). Freshly painted and also has a spacious back deck. Building is located One block from Stony Island Ave and CTA train stop, giving it easy access to I-90, I-94, Metra trains, Jackson Park (with the proposed Obama library), and the University of Chicago; tall ceilings, X-large bedrooms; hardwood floors throughout; custom kitchen; custom glass backsplashes; granite counters; modern cabinets and Stainless steel appliances. Ready for May 8th move-in with non-refundable fee of $800 plus first month's rent. Tenant needs 3x the rent of income, Credit score of 600 minimum is required and adults of at least 18 yrs old must apply. Landlord pays for Water, Tenant covers electric and other utilities.

Last Agent to Rent the Property

Brandice Hampton

Baird & Warner License #475166488 Listed on: 04/18/2022

Baird & Warner

Co-Listed By

Omor Eguasa

Baird & Warner License #475193478

Last Renter's Agent

Victoria Fadden

Fulton Grace Realty License #473018731

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895 | Remodeled in 2019

Home Design

  • Property Attached
  • Brick Exterior Construction

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Property Available on 5/1/22
  • Rent includes water
  • 12 Month Lease Term

Community Details

Overview

  • Low-Rise Condominium

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1895 | Remodeled in 2019

Lot Details

0

Rental Info

  • Available Date: 2022-05-01
  • Lease Term: 12 Months
  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 1300

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Low Rise (1-3 Stories)
  • Property Sub-Type: Attached
  • Year Built: 1895
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2019
  • Actual Status: Rented
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Renovated: 2019

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • LivingArea: 1500
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Rent Includes: Water

Lot Info

  • Lot Dimensions: 3920

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2022 05/07/22 Rented $1,300 0.0% --
05/04/2022 05/04/22 Under Contract -- -- --
04/18/2022 04/18/22 For Rent $1,300 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,329 $20,600 $3,600 $17,000
2024 $2,329 $20,600 $3,600 $17,000
2023 $2,263 $11,000 $5,000 $6,000
2022 $2,263 $11,000 $5,000 $6,000
2021 $2,212 $11,000 $5,000 $6,000
2020 $3,647 $16,372 $4,400 $11,972
2019 $3,696 $18,396 $4,400 $13,996
2018 $3,634 $18,396 $4,400 $13,996
2017 $4,127 $19,169 $4,000 $15,169
2016 $3,839 $19,169 $4,000 $15,169
2015 $3,513 $19,169 $4,000 $15,169
2014 $2,942 $15,854 $3,200 $12,654
2013 $2,883 $15,854 $3,200 $12,654
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11377762

Midwest Real Estate Data (MRED)

APN: 20-26-203-021-0000