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.
Active
Price cut: $11K (9/25)
$539,000
1957 E 72nd St, Chicago, IL 60649
6beds
--sqft
Multi Family
Built in 1895
-- sqft lot
$533,900 Zestimate®
$--/sqft
$-- HOA
What's special
- 59 days
- 365
- 16
Zillow last checked:
Listing updated:
Listed by:
Peter LoPresti peter@loprestiventures.com,
EXIT Strategy Realty,
Karen Rivera 312-972-2233,
EXIT Strategy Realty
Source: MRED as distributed by MLS GRID,MLS#: 12703804
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 4
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Lot
- Size: 4,752 Square Feet
Details
- Parcel number: 20251210080000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1895
- Major remodel year: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $196,000
- Annual tax amount: $3,950
- Date on market: 8/10/2026
- Ownership: Fee Simple
Estimated market value
$533,900
$507,000 - $561,000
$1,902/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2026 | Price change | $539,000-2% |
Source: MRED as distributed by MLS GRID #12703804 Report a problem | ||
| 9/12/2026 | Price change | $550,000-4.2% |
Source:  MRED as distributed by MLS GRID #12703804 Report a problem | ||
| 8/27/2026 | Price change | $574,000-0.9% |
Source: MRED as distributed by MLS GRID #12703804 Report a problem | ||
| 8/20/2026 | Price change | $579,000-1.7% |
Source: MRED as distributed by MLS GRID #12703804 Report a problem | ||
| 8/10/2026 | Listed for sale | $589,000+47.3% |
Source: MRED as distributed by MLS GRID #12703804 Report a problem | ||
| 3/31/2023 | Sold | $400,000+0.3% |
Source: MRED as distributed by MLS GRID #11716548 Report a problem | ||
| 2/25/2023 | Contingent | $399,000 |
Source: MRED as distributed by MLS GRID #11716548 Report a problem | ||
| 2/18/2023 | Price change | $399,000-2.4% |
Source: MRED as distributed by MLS GRID #11716548 Report a problem | ||
| 2/10/2023 | Listed for sale | $409,000+581.7% |
Source: MRED as distributed by MLS GRID #11716548 Report a problem | ||
| 10/19/2020 | Sold | $60,000-53.8% |
Source: Public Record Report a problem | ||
| 12/19/2005 | Sold | $130,000+126.1% |
Source: Public Record Report a problem | ||
| 7/20/2005 | Sold | $57,500-73.6% |
Source: Public Record Report a problem | ||
| 1/7/2005 | Sold | $218,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,286 +72.4% | $19,600 +117.8% |
| 2023 | $1,906 +2.9% | $9,000 |
| 2022 | $1,851 +2.3% | $9,000 |
| 2021 | $1,810 -39.8% | $9,000 -33.3% |
| 2020 | $3,004 -2.4% | $13,485 -12% |
| 2019 | $3,079 +1.7% | $15,324 |
| 2018 | $3,027 -1.1% | $15,324 +7.8% |
| 2017 | $3,061 +7.5% | $14,221 |
| 2016 | $2,848 +9.3% | $14,221 |
| 2015 | $2,606 +11.1% | $14,221 +12.5% |
| 2014 | $2,346 +2% | $12,645 |
| 2013 | $2,300 +1.4% | $12,645 |
| 2012 | $2,269 -13.1% | $12,645 -21.5% |
| 2011 | $2,610 -0.4% | $16,109 |
| 2010 | $2,621 +4.4% | $16,109 |
| 2009 | $2,512 -10.1% | $16,109 -17.3% |
| 2008 | $2,795 +1% | $19,485 |
| 2007 | $2,767 -15.4% | $19,485 -14.5% |
| 2006 | $3,271 +77.9% | $22,787 +102.5% |
| 2005 | $1,839 +22.1% | $11,254 |
| 2004 | $1,506 +12.6% | $11,254 |
| 2003 | $1,337 -5.4% | $11,254 +16.1% |
| 2002 | $1,414 +6.5% | $9,692 |
| 2001 | $1,328 +21.7% | $9,692 |
| 2000 | $1,091 +0.5% | $9,692 +26.2% |
| 1999 | $1,086 | $7,679 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: South Shore
Nearby schools
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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