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$625,000

  • For Sale
  • Active
  • Multi-Family
  • 9 Total Beds
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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!)

Full Property Details for 1415 E 71st Pl

General

  • Price: $625,000
  • Taxes: (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12551642
  • Updated: 1/27/2026
  • Added to Site: 30 day(s) ago

Interior

  • Basement: None

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Upper - Full Baths: 6

Bedrooms

  • Total Bedrooms: 9

Additional Information

  • Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access

Parking

  • Total Spaces: 3
  • Parking Features: Yes, Owned

Location

  • Area: CHI - South Shore
  • County: Cook
  • Township: Hyde Park
  • Driving Directions: From I-90/94, take Exit 63rd St east. Continue east to South Shore Dr, turn left (north) to 71st Pl, then right (east) to the property.

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Year Built: 2006

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 25 x 125

Financial Considerations

  • Assessment Year: 2006
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 20262060560000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 1415 E 71st Pl —

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 1415 E 71st Pl

School District:Chicago Public School District 299
NameGradesDistance
Madison Elementary School, Chicago, IL
7433 South Dorchester Avenue, Chicago, IL 60619
K-80.3 mi
South Shore Intl Col Prep High School
1955 East 75th Street, Chicago, IL 60649
12-0.9 mi
Chicago Vocational Career Academy High School
2100 East 87th Street, Chicago, IL 60617
9-112 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1415 E 71st Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/21/2026
Listed
$625,000
56.25%
MLS
3/02/2021
Sold
$400,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1415 E 71st Pl

Year
Property Taxes
Change
Tax Assessment
Change
2023
$505
3%
$2,385
—
2022
$491
2%
$2,385
—
2021
$480
-10%
$2,385
—
2020
$531
11%
$2,385
—
2019
$479
2%
$2,385
—
2018
$471
1%
$2,385
10%
2017
$467
8%
$2,169
—
2016
$434
9%
$2,169
—
2015
$397
-10%
$2,169
-9%
2014
$443
2%
$2,385
—
2013
$434
1%
$2,385
—
2012
$428
—
$2,385
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1415 E 71st Place, Chicago, IL 60619 (MLS# 12551642) is a Multi-Family property with 3 units containing 9 bedrooms and 0 full bathrooms. 1415 E 71st Place is currently listed for $625,000 and was received on January 21, 2026. This property is listed by Newell Broadway from our Gold Coast Office.Want to learn more about 1415 E 71st Place? Do you have questions about finding other Multi-Family real estate for sale in South Shore? You can browse all South Shore real estate or contact a Coldwell Banker agent to request more information.

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