1526 E 72nd Place Chicago, IL 60619
Grand Crossing NeighborhoodEstimated payment $1,990/month
Highlights
- Hot Water Heating System
- 4-minute walk to Stony Island Station
- 3-minute walk to Hodes Park
About This Home
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. Seller willing to offer seller financing for this building.
Listing Agent
Exit Strategy Realty / EMA Management License #475193959 Listed on: 09/09/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,388
Year Built
- Built in 1917
Lot Details
- 6,250 Sq Ft Lot
- Lot Dimensions are 50x125
Home Design
- Garden Apartment
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 5,736 Sq Ft Home
- 3-Story Property
Utilities
- No Cooling
- Hot Water Heating System
- Heating System Uses Gas
Community Details
Overview
- 6 Units
Building Details
- Other Expense $20,000
- Operating Expense $11,200
- Gross Income $86,400
- Net Operating Income $66,400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,388 | $36,800 | $5,625 | $31,175 |
| 2024 | $3,388 | $36,800 | $5,625 | $31,175 |
| 2023 | $3,291 | $16,001 | $7,813 | $8,188 |
| 2022 | $3,291 | $16,001 | $7,813 | $8,188 |
| 2021 | $3,217 | $15,999 | $7,812 | $8,187 |
| 2020 | $3,797 | $17,044 | $6,875 | $10,169 |
| 2019 | $3,848 | $19,151 | $6,875 | $12,276 |
| 2018 | $3,783 | $19,151 | $6,875 | $12,276 |
| 2017 | $5,692 | $26,440 | $6,250 | $20,190 |
| 2016 | $5,296 | $26,440 | $6,250 | $20,190 |
| 2015 | $4,845 | $26,440 | $6,250 | $20,190 |
| 2014 | $4,211 | $22,695 | $5,000 | $17,695 |
| 2013 | $4,128 | $22,695 | $5,000 | $17,695 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/24/2026 03/24/26 | For Sale | $315,000 | 0.0% | $55 / Sq Ft |
| 03/21/2026 03/21/26 | Off Market | $315,000 | -- | -- |
| 09/09/2025 09/09/25 | For Sale | $315,000 | -- | $55 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12467147
APN: 20262110130000
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Ask me questions while you tour the home.