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:
$595,000
MLS #:
MRD12551642
Status:
Active
Beds:
9
Baths:
6
Type:
Multi Family
Neighborhood:
chisouthshore
Listed Date:
Jan 21, 2026
Year Built:
2006
See this Listing
Schools
School District:
299
Interior
Heating
Natural Gas, Forced Air
Exterior
Construction Materials
Brick
Parking Features
Yes, Owned
Parking Spots
3
Parking Total
3
Financial
Tax Year
2023
Map
Community
- Address1415 E 71st Place Chicago IL
- CityChicago
- CountyCook
- Zip Code60619
Market Summary
Current real estate data for Multi Family in Chicago as of Jun 16, 2026
1,394
Multi Family Listed
81
Avg DOM
$530,414
Avg List Price
Property Summary
- 1415 E 71st Place Chicago IL is a Multi Family for sale in Chicago, IL, 60619. It is listed for $595,000
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Copyright 2026. All rights reserved.
1415 E 71st Place
Chicago, IL


