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$499,900
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Property Description
Great buy-and-hold opportunity for an experienced investor familiar with IDHA or nonprofit partnerships. The property includes a regulatory agreement with an AMI requirement, while still offering strong value-add potential and long-term cash flow.
Full Property Details
Full Property Details for 1758 E 72nd St
General
- Price: $499,900
- HOA FEE: $1,000
- Taxes: $3,818 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12551050
- Updated: 1/26/2026
- Added to Site: 36 day(s) ago
Interior
- Basement: None
Location
- Area: CHI - South Shore
- County: Cook
- Driving Directions: From Stony Island Ave., head East on 72nd St. destination will be on your left
Heating & Cooling
- Heating Type: Central Building Heat
Utilities
- Trash: 4800
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Roof: Tar/Gravel
- Stories/Levels: 3
- Square Feet: 9,240
- Current Bldg. Use: Multi-Family
- Year Built: 1928
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 7,175
- Lot Dimensions: 7175
- Frontage: City Street
- Potential Use: Condominium
Financial Considerations
- Maint. Fee: $1,000
- Insurance Fee: $1,500
- Operating Expenses: $28,500
- Assessment Year: 1928
- Tax Amount: $3,818.04
- Tax Year: 2023
- Tenant Pays: Electricity, Heat
- Pays Electric: 7200
- Pays Trash: 4800
Disclosures and Reports
- Property ID: 20251040110000
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Schools
Schools serving 1758 E 72nd St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Bouchet Elementary Math & Science Academy 7355 South Jeffery Boulevard, Chicago, IL 60649 | K-8 | 0.4 mi |
South Shore Intl Col Prep High School 1955 East 75th Street, Chicago, IL 60649 | 12- | 0.5 mi |
Chicago Vocational Career Academy High School 2100 East 87th Street, Chicago, IL 60617 | 9-11 | 1.9 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 1758 E 72nd St
Date
Details
Price
Change
Source
1/20/2026
Listed
$499,900
142.67%
MLS
11/15/2019
Sold
$206,000
—
Public Record
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
Tax History for 1758 E 72nd St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,176
3%
$14,999
—
2022
$3,085
2%
$14,999
—
2021
$3,016
10%
$14,999
22%
2020
$2,731
-2%
$12,261
-12%
2019
$2,800
-5%
$13,934
-7%
2018
$2,949
-14%
$14,929
-6%
2017
$3,421
7%
$15,893
—
2016
$3,183
9%
$15,893
—
2015
$2,912
12%
$15,893
14%
2014
$2,595
2%
$13,989
—
2013
$2,544
1%
$13,989
—
2012
$2,510
—
$13,989
—
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 1758 E 72nd St
1758 E 72nd Street, Chicago, IL 60649 (MLS# 12551050) is a Commercial property. 1758 E 72nd Street is currently listed for $499,900 and was received on January 20, 2026. Want to learn more about 1758 E 72nd Street? Do you have questions about finding other Commercial 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.

