Seller's Agent in 2025
Derek Walvoord
Exit Strategy Realty / EMA Management
(312) 754-8024
5 in this area
105 Total Sales
1526 E 72nd Place Chicago, IL 60619
Grand Crossing Neighborhood
--
Bed
6
Baths
5,736
Sq Ft
6,098
Sq Ft Lot
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.
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/09/2025 09/09/25 | For Sale | $315,000 | -- | $55 / Sq Ft |
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 | $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 |
Source: Public Records
Agents Affiliated with this Home
-
Derek Walvoord
-
Wayne Beals
Seller Co-Listing Agent in 2025
Wayne Beals
Exit Strategy Realty / EMA Management
(312) 772-3257
3 in this area
137 Total Sales
Map
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