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Listed price in listed location currency (USD).
$550,000

1440

MLS® 12795412

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $2,743
Days Active 0
Lot Size 
Approx. Age 1903
MLS® Number 12795412

Property Address: 720 W 61st St, CHICAGO, IL, 60621-2836

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional investment opportunity at 720 W. 61st Street, Chicago, IL! This massive, fully renovated 4-unit building sits on a double lot on a quiet residential block and offers outstanding income potential for both investors and owner-occupants. The property features three spacious 4-bedroom units and one 2-bedroom garden apartment, providing highly desirable layouts with excellent rental appeal. Each unit has been thoughtfully renovated with new kitchen cabinets, stainless steel appliances, updated light fixtures, modern bathroom vanities, new flooring, beautifully refinished hardwood floors, and new interior doors. Significant capital improvements include two new hot water tanks, a recently serviced roof, new carpeting throughout the common areas, and a professionally waterproofed and freshly painted basement. The building has been well maintained and requires only minor TLC in portions of the common areas along with some tuckpointing. The rear porch has existing city violations that are not safety-related but will need to be brought into code compliance. Conveniently located near public transportation, schools, parks, shopping, and major expressways, this property offers the perfect combination of location, space, and value. With its extensive renovations, oversized units, double lot, and strong cash flow potential, 720 W. 61st Street presents a rare opportunity to own a turnkey multi-family investment in one of Chicago's established neighborhoods.
MLS® Number12795412
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1903
BasementFinished, Full
Driveway
Garage Spaces
HeatGas
A/C

Extras

Price History

Last Sold Price

$475,000$475K

Appreciation

--

Avg. Days Listed

63 days

Today, For Sale for $550,000

For Sale · 0 days

$550,000

MLS® 12795412

4 hours ago

Not Sold Yet

October 2026, For Sale for $550,000

For Sale · 0 days

$550,000

MLS® 12795412

4 hours ago

Not Sold Yet

August 2026, For Sale for $599,900

For Sale · 77 days

$599,900

MLS® 12730060

3 months ago

Not Sold Yet

July 2024, Sold for $475,000

Sold · 48 days

$475,000

MLS® 12064382

2 years ago

Sold on Jul 12, 2024

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