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  • $650,000

    720 W 61st St, Chicago, IL 60621

    11beds
    --sqft
    : 
    $4,896/mo
    Get pre-qualified
    Multi Family
    Built in 1903
    -- sqft lot
    $639,800 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Exceptional investment opportunity at 720 W. 61st Street, Chicago, IL! This massive, fully renovated 4-unit building sits on a double lot on a quiet residential block and offers outstanding income potential for both investors and owner-occupants. The property features three spacious 4-bedroom units and one 2-bedroom garden apartment, providing highly desirable layouts with excellent rental appeal. Each unit has been thoughtfully renovated with new kitchen cabinets, stainless steel appliances, updated light fixtures, modern bathroom vanities, new flooring, beautifully refinished hardwood floors, and new interior doors. Significant capital improvements include two new hot water tanks, a recently serviced roof, new carpeting throughout the common areas, and a professionally waterproofed and freshly painted basement. The building has been well maintained and requires only minor TLC in portions of the common areas along with some tuckpointing. The rear porch has existing city violations that are not safety-related but will need to be brought into code compliance. Conveniently located near public transportation, schools, parks, shopping, and major expressways, this property offers the perfect combination of location, space, and value. With its extensive renovations, oversized units, double lot, and strong cash flow potential, 720 W. 61st Street presents a rare opportunity to own a turnkey multi-family investment in one of Chicago's established neighborhoods.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kaela Clay 773-619-2965,

    Hunter's Realty, Inc.

    Source: MRED as distributed by MLS GRID,MLS#: 12730060MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 11
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Natural Gas
      Features
      • Basement: Finished,Full

      Property

      Lot
      • Size: 6,250 Square Feet
      • Dimensions: 50x125
      Details
      • Parcel number: 20163080240000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      Condition
      • New construction: No
      • Year built: 1903
      • Major remodel year: 2026

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Lake Michigan

      Community & HOA

      Location
      • Region: Chicago

      Financial & listing details

      • Annual tax amount: $2,743
      • Date on market: 8/11/2026
      • Ownership: Fee Simple

        Estimated market value

        $639,800

        $608,000 - $672,000

        $1,734/mo

        Price history

        DateEventPrice
        8/11/2026Listed for sale$650,000
        Source: MRED as distributed by MLS GRID #12730060 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Englewood

        Getting around

        73 / 100
        Very Walkable
        69 / 100
        Good Transit
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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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