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$600,000   Price Analysis
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1758 E 72nd St
Chicago, IL 60649
Unknown bed 1 bath unknown SqFt ($0/SqFt)
7,175SqFt lot. Built 1928
Listed 2024-04-06, Taxes $3,020
Ⓧ USDA Ineligible
due to location

near Chicago

This property

* Has Contingent Offer *

Meticulously maintained for over 25 years by an on-site owner, features a solid brick walk-up with six 2-bedroom/1-bathroom apartments. Conveniently located a short distance from public transportation, including Mtra and surrounded by numerous grocery stores and shops, this multifamily opportunity offers immediate value-add potential from the moment of acquisition.

Additionally, the property boasts a 5-car brick garage.


Presented by Taure Muhammad at
Village Realty, Inc.
Listing Agent Photo

Property MLS #12019172 from MRED

Full Bathrooms: 1

Basement Description: Slab

Frontage Type: City Street

Lot Size Acres: 0.1647153
Lot Size Square Feet: 7175

Association: No
Calculated Total Monthly Association Fees: 0

Number of Units: 6
Bedrooms in Unit-1: 2
Total Bathrooms in Unit-1: 1
Full Bathrooms in Unit-1: 1
Total Rooms in Unit-1: 7

Tenant Pays: Electricity

Annual Tax Amount: 3669.98
Source Listing Status: Active Under Contract
County: Cook
Current Use: Multi-Family
Directions: From Stony Island Ave., head East on 72nd St. destination will be on your left
Tax Year: 2022
Source Property Type: Multi-Family
Possible Use: Condominium
Parcel Number: 20251040110000
Property Subtype: Multi Family 5+
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2020$13,305 + $6,457
$19,762
$3,020
2019$16,000 + $6,457
$22,457
$3,133
2018$16,000 + $6,457
$22,457
$3,078
2017$26,391 + $5,740
$32,131
$4,498
2016$26,391 + $5,740
$32,131
$4,851
2015$26,391 + $5,740
$32,131
$5,063
2014$24,994 + $5,022
$30,016
$5,092
2013$24,994 + $5,022
$30,016
$4,980
2012$24,994 + $5,022
$30,016
$4,938
2011$29,188 + $6,457
$35,645
$5,157
2010$29,188 + $6,457
$35,645
$5,011
2009$29,188 + $6,457
$35,645
$3,927
2007$42,589 + $4,878
$47,467
$5,443
2006$42,589 + $4,878
$47,467
$4,693

Listed 2024-04-06
$600,000
MRED
Sold 1996-06-21
$145,000
Public Record
Sold 1988-12-01
$145,000
Public Record
Sold 1983-04-05
$77,500
Public Record
Sold 1983-03-01
$77,500
Public Record

Net Operating Income: 61000

Year Built: 1928
Construction Materials: Brick
Foundation Details: Concrete Perimeter
Property Age: 96
Roof: Tar and Gravel
Levels or Stories: 3

Bouchet Elementary Math & Science Academy is a public elementary and middle school located approximately 0.4 miles away.
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Chicago Vocational Career Academy High School is a public high school located approximately 1.9 miles away.
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Muhammad University is a private elementary and middle school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.