1415 71st Place, South Shore, Chicago, Illinois 60619
$625,000
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For Sale
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| Status: | New |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 9 |
| Baths: | 0 |
| Year Built: | 2006 |
| Property Taxes: | $0 |
| Days On Market: | 4 |
| Lot Size: | 0,00 |
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!)
Property Specifics
| Multi-unit | |
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| 2006 | |
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| No | |
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| Cook | |
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| — / — | |
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| 12551642 | |
| 20262060560000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 20 Nov, 2015 | Under contract | $0 | MRED MLS |
| 20 Nov, 2015 | Listed for sale | $0 | MRED MLS |
| 26 Apr, 2016 | Sold | $26,000 | MRED MLS |
| 5 Apr, 2016 | Under contract | $24,900 | MRED MLS |
| — | Last price change | $29,900 | MRED MLS |
| 11 Jan, 2016 | Listed for sale | $39,900 | MRED MLS |
| 29 May, 2019 | Sold | $50,000 | MRED MLS |
| 4 Dec, 2018 | Under contract | $54,900 | MRED MLS |
| — | Last price change | $59,900 | MRED MLS |
| 18 Jun, 2018 | Listed for sale | $69,000 | MRED MLS |
| 13 Nov, 2023 | Sold | $169,900 | MRED MLS |
| 25 Sep, 2023 | Under contract | $169,900 | MRED MLS |
| 24 Aug, 2023 | Listed for sale | $169,900 | MRED MLS |
| 21 Jan, 2026 | Listed for sale | $625,000 | MRED MLS |
Room Specifics
Total Bedrooms: 9
Bedrooms Above Ground: 9
Bedrooms Below Ground: 0
Dimensions: —
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Full Bathrooms: 6
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
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| 25x125 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2016 | $2,237 |
| 2019 | $2,600 |
| 2023 | $1,114 |
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Listing Provided By
Coldwell Banker Realty
