1415 E 71st Place, Chicago, IL

$595,000

Overview

  • 519871
  • Property ID
  • Updated On:
  • April 27, 2026
  • 9
  • Bedrooms
  • 6
  • Bathrooms

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!)

Bathrooms
3+
Bedrooms
5+
Climate Control
Heating
Garden
Yes
Other Features
Brick
Forced Air
Has Additional Parcels
Lake Michigan
Natural Gas
Owned
Public Sewer

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$3,050.68
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 2,306.93

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Information for the property at 1415 E 71st Place, Chicago, IL, 60619 (Property ID: 519871) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi