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1415 71st Place

Chicago, IL 60619
$595,000 ▼ $30,000 from $625,000
9beds
6baths
sqft
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About this home

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!)
MLS Description — as provided by the listing brokerage.

The facts

Property typeResidential Income
Year built2006
Lot size
CountyCook
MLS #MRD12551642
Days on market62

Features

Heating
Natural GasForced Air
Parking
YesOwned
Construction
Brick
Sewer
Public Sewer
Listed by
Coldwell Banker Realty
Newell Broadway · 815-325-2866

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 3/23/2026, 5:06:18 AM. All data should be independently verified.

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