1415 E 71st Place Chicago IL 60619 MLS #MRD12551642

MLS #MRD12551642 image #0
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 Details

Price:
$625,000
MLS #:
MRD12551642
Status:
Active
Beds:
9
Baths:
6
Type:
Multi Family
Neighborhood:
chisouthshore
Listed Date:
Jan 21, 2026
Year Built:
2006
Chi – South ShoreChisouthshore

Schools

School District:
299

Interior

Heating
Natural Gas, Forced Air

Exterior

Construction Materials
Brick
Parking Features
Yes, Owned
Parking Spots
3

Financial

Tax Year
2023

Listing Agent & Office

Newell Broadway
Coldwell Banker Realty

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