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1524 E 72nd Street Chicago, IL 60619 • Multi Unit - Multiple • Contingent

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Description

Investment opportunity in the vibrant South Shore neighborhood, conveniently located just minutes from the new Obama Presidential Center. This well-constructed all-brick two-flat building features two bedrooms on each floor and is ready for renovation, offering substantial potential for increased value through updates. Whether you are an investor or an owner-occupant, this property presents a range of possibilities. The area is currently experiencing significant revitalization initiatives, including developments such as the Obama Center and the redevelopment of the South Shore Golf Course, making it an attractive location for building equity. The property includes classic stone accents that enhance its charm and potential. With a projected after-repair value indicating strong opportunities for equity growth, this property provides an excellent foundation for your renovation plans. Bring your ideas and realize the full potential of this property.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 4
Bathrooms: 2
County: Cook
Listed By:
Compass 773-466-7150
MRED MLS
$170,000
Est. $1,131/mo
4beds
2baths
Contingent
BEDS4 BATHS2 full MLS#12541759
STATUSContingent PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299
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Shown By

Jeff Dellitt
 (563) 343-1028

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1524 E 72nd Street, Chicago, IL 60619.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $170,000$170,000$170,000
Down Payment $34,000$5,950$42,500
Monthly Mortgage Amount $794$974$1,017
Taxes $237$237$237
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$75$0
Monthly Estimated Total $1,131$1,386$1,354

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