1415 E 71st Place

Property Description

Well-maintained and fully rented three-unit brick building offering strong in-place income with clear upside. Each unit features a consistent 3 bedroom, 2 bathroom layout with modern flooring, updated bathrooms, open living areas, and functional kitchens. Built in 2006 with solid construction, the property has a replaced roof and no known deferred maintenance. Units are occupied on year-to-year leases with rents currently below market, providing an opportunity for future rent growth. Tenants pay gas and electric; owner pays water. Three exterior parking spaces included. Conveniently located near public transportation, neighborhood retail, and major corridors, with easy access to South Shore, Lake Michigan, and downtown Chicago, making this an attractive option for investors or owner-occupants seeking a stabilized, financeable asset. (Pictures Coming Soon!)

Overview

Property Status

For Sale

MLS ID

12551642

Property Type

Multi-Family

Year Built

2006

Are you interested?

Schedule a Tour

Newell Broadway

(815) 325-2866 [email protected]

Features & Amenities

Neighborhood

Chicago

Water Source

Lake Michigan

Parking

Yes, Owned

Heat Type

Natural Gas, Forced Air

Sewer

Public Sewer

School District

299

Sales Price

$625,000

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