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$49,900
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Property Description
Investor Special - 3 Bed - 2 Bath - Full unfinished basement - and space to build a new garage. Rehab or Rebuild Opportunity. Attention experienced investors and builder, this 3-bedroom, 2-bath home suffers roof damage and a complete gut rehab is needed yet offers major upside potential for those ready to roll up their sleeves. Buyer responsible for 2025 second quarter taxes and all 2026 taxes - seller will not give any tax credits. All other back taxes will be paid at closing. Buyer responsible for any city violations & requirements and survey. Proceed with caution. This is an AS-IS sale and an excellent opportunity for experienced investors looking for their next profitable project. The home runs on gas for heat yet seller does not know if the furnace is working - sold as is. Front door is secured with security screws - bring screw gun to gain access. Proceed with caution & bring a flashlight.
Full Property Details
Full Property Details for 1417 E 71st St
General
- Price: $49,900
- Taxes: $3,642 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12686659
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Location
- Area: CHI - South Shore
- County: Cook
- Township: Hyde Park
- Driving Directions: Stony Island to 71st St. West to address.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Construction: Frame
- Exterior Const.: Frame
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Foundation: Concrete Perimeter
- Square Feet: 1,481
- Sq. Ft. Source: Assessor
- Year Built: 1893
- Built Before 1978: Yes
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
Financial Considerations
- Assessment Year: 1893
- Tax Amount: $3,642
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20262020040000
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Schools
Schools serving 1417 E 71st St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Madison Elementary School, Chicago, IL 7433 South Dorchester Avenue, Chicago, IL 60619 | K-8 | 0.4 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 | 9-11 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 1417 E 71st St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,406
—
$14,001
170%
2023
$1,406
5%
$5,184
—
2022
$1,345
2%
$5,184
—
2021
$1,313
-60%
$5,184
-57%
2020
$3,314
—
$12,038
-9%
2019
$3,310
2%
$13,229
—
2018
$3,234
35%
$13,229
45%
2017
$2,404
8%
$9,110
—
2016
$2,229
10%
$9,110
—
2015
$2,027
13%
$9,110
14%
2014
$1,796
1%
$8,026
—
2013
$1,776
—
$8,026
—
2012
$1,769
—
$8,026
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1417 E 71st St
1417 E 71st Street, Chicago, IL 60619 (MLS# 12686659) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1417 E 71st Street is currently listed for $49,900 and was received on June 29, 2026. Want to learn more about 1417 E 71st Street? Do you have questions about finding other Single 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.

