Listing provided courtesy of Coldwell Banker RealtyMREDas Distributed by MLSGrid- MLS# 12551642
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Request Info1415 E 71st PlaceChicago, IL 60619
Multi-Family · 9 Beds$595,000
Active
1415 E 71st Place Overview
- Time on Site:
- 159 days
- Visits:
- 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!)
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1415 E 71st Place Facts & Features
- Type Multi-Family
Details
General
School Information
- School District: 299
Building Information
- New Construction: No
- Year Built: 2006
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - South Shore
- Township: Hyde Park
Tax Information
- Tax Year: 2023
General Information
- Ownership: Fee Simple
- Parcel Number: 20262060560000
- Property Type: Residential Income
- Special Listing Conditions: None
Interior
Parking Information
- Half Baths Building: 0
Beds/Baths
- Bathrooms Total: 6
- Bedrooms Total: 9
- Bedrooms Possible: 9
- Full Baths Building: 6
General Information
- Basement: None
- Heating: Natural Gas, Forced Air
- Rooms Total: 15
Exterior
Parking Information
- Parking Features: Yes, Owned
- Parking Total: 3
Lot Information
- Additional Parcels: Yes
- Lot Size Dimensions: 25x125
- Water Source: Lake Michigan
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Brick
General Information
- Sewer: Public Sewer
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Actual Rent: 1500
- Beds Total: 3
- Baths Total: 2
Unit 2 Details
- Unit Type: Unit 2
- Actual Rent: 1500
- Beds Total: 3
- Baths Total: 2
Unit 3 Details
- Unit Type: Unit 3
- Actual Rent: 1500
- Beds Total: 3
- Baths Total: 2
1415 E 71st Place Neighborhood
Community
60619 (Chicago) Demographics
42
Median Age
10,192
Population Density (per sq. mile)
35%
College Educated
$40,762
Estimated Median Income
12,181
Estimated Total Home Owners
15,093
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1415 E 71st Place Monthly Cost
1415 E 71st Place Market Data
Based on the last 30 days in this zip code
$215,577
Average List Price
$140
Average Price per Square Foot
34
Properties Sold
82
Average Days on Market
178
Properties for Sale
1415 E 71st Place History
| Date | Value | Agent |
|---|---|---|
| 3/22/2026Source: MRED | Active |
|
| 3/17/2026Source: MRED | $595,000 -4.8% |
|
| 3/17/2026Source: MRED | Price Change |
|
| 1/26/2026Source: MRED | Active |
|
| 1/21/2026Source: MRED | January 21, 2026 |