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$539,000
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Property Description
Don't miss this exceptional investment opportunity in Chicago's South Shore neighborhood. This solid brick 2-unit building with an additional in-law unit in the basement offers excellent cash flow potential (First floor unit is currently rented for $1600 and the deluxe unit could go for $2500), multigenerational living options, or the opportunity for an owner-occupant. Situated within an ADU (Accessory Dwelling Unit) District, the property presents additional value and future potential, subject to City of Chicago approvals. Conveniently located near public transportation, Jackson Park, the University of Chicago, the lakefront, shopping, dining, and major expressways.
Full Property Details
Full Property Details for 1957 E 72nd St
General
- Price: $539,000
- Taxes: $3,950 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12703804
- Updated: 10/1/2026
- Added to Site: 71 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 8
Location
- Area: CHI - South Shore
- County: Cook
- Township: Hyde Park
- Driving Directions: S Jeffrey to E 72nd to property
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Year Built: 1895
- Built Before 1978: Yes
- Remodeled/Updated: 2023
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 4752
Financial Considerations
- Assessment Year: 1895
- Tax Amount: $3,950.07
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20251210080000
Listed by EXIT Strategy Realty
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Schools
Schools serving 1957 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 | 0.2 mi |
South Shore Intl Col Prep High School 1955 East 75th Street, Chicago, IL 60649 | 12- | 0.4 mi |
Chicago Vocational Career Academy High School 2100 East 87th Street, Chicago, IL 60617 | 9-11 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1957 E 72nd St
Date
Details
Price
Change
Source
9/25/2026
Price Reduced
$539,000
-2%
MLS
9/12/2026
Price Reduced
$550,000
-4.18%
MLS
8/27/2026
Price Reduced
$574,000
-0.86%
MLS
8/20/2026
Price Reduced
$579,000
-1.7%
MLS
7/27/2026
Listed
$589,000
47.25%
MLS
3/31/2023
Sold
$400,000
—
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 1957 E 72nd St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,906
—
$19,600
118%
2023
$1,906
3%
$9,000
—
2022
$1,851
2%
$9,000
—
2021
$1,810
-40%
$9,000
-33%
2020
$3,004
-2%
$13,485
-12%
2019
$3,079
2%
$15,324
—
2018
$3,027
-1%
$15,324
8%
2017
$3,061
7%
$14,221
—
2016
$2,848
9%
$14,221
—
2015
$2,606
11%
$14,221
12%
2014
$2,346
2%
$12,645
—
2013
$2,300
1%
$12,645
—
2012
$2,269
—
$12,645
—
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 1957 E 72nd St
1957 E 72nd Street, Chicago, IL 60649 (MLS# 12703804) is a Multi-Family property with 2 units containing 8 bedrooms and 0 full bathrooms. 1957 E 72nd Street is currently listed for $539,000 and was received on July 27, 2026. Want to learn more about 1957 E 72nd Street? 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.

