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About the Listing 84130 - 147667
Well-Maintained Six-Unit Investment | Five 2BR Units | Tenant-Paid Heat | In-Unit Laundry | Parking Potential Exceptional opportunity to acquire a well-maintained six-unit multifamily investment property featuring five spacious two-bedroom residences and one one-bedroom residence. Offering an attractive unit mix, generous floor plans, and strong rental appeal, this property is an excellent addition to any investment portfolio. The apartments feature expansive living and dining areas, updated kitchens with ample cabinetry, solid-surface countertops, subway tile backsplashes, dishwashers, and modern fixtures. Many of the units retain their original architectural charm, including decorative fireplaces and built-in shelving, blending timeless character with functional updates. Most units also feature the convenience of in-unit laundry, an amenity highly sought after by today's renters. Designed for efficient ownership, each apartment has a separate heating system, with tenants responsible for their own heat, helping reduce operating expenses. The property has been consistently maintained and offers clean, well-kept common areas, attractive rear porches, and a large, dry basement with exceptional storage capacity and future value-add potential. The oversized rear yard provides the opportunity to create approximately five off-street parking spaces, offering additional income potential. One unit is currently vacant, allowing buyers to easily inspect a representative apartment without disturbing existing tenants. Whether you're looking to expand your portfolio, complete a 1031 exchange, or acquire a stable income-producing asset with future upside, this six-unit building offers strong fundamentals, operational efficiencies, and long-term investment potential.
Listing Highlights
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
12704639
Year Built
1914
Total Square Footage
7,596
Lot/Acreage
0.14
County
Cook
Area
CHI - South Shore
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other:
- Water: Municipal Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 50x130
- Roof: Membrane
- Others:
- Sewer:
- Parking Features: 1-5 Spaces
Financial Details
- Tax Amount: $10,278
- Taxes w/Assessments: N/A
- Tax/Property ID: 20234180030000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
1509 E 69th Pl Chicago, IL 60637
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