1421 E 69th Place

Chicago, Illinois 60637
Contingent / MLS #11771780 / Multiple Unit (2-4) / South Shore
Listing information updated 3/21/2024 at 3:23pm
This property for sale is a multi-unit apartment building of approx 3844 SF on the land 6176 SF. It is located in the highly sought-after Woodlawn area. Constructed entirely of durable brick, this building boasts four units that have the potential to yield significant returns in a market with high rental demand. New windows on front, clean up 2023, providing a solid foundation for the new owner's plans. However, it's important to note that the property needs extensive rehabilitation to become livable. The current layout of the building includes four apartments and full unfinished basement, but the new owner can make modifications to suit their own vision. The property has permits available, allowing the new owner to take over from the seller and create a space with eight or ten bedrooms and four or five baths once the rehabilitation is complete. The motivated seller is offering the property "As-Is Conditions," and interested buyers should contact the listing broker for more information, including any available drawings and permits. Comparable properties in the area have an average price of $765K, indicating that this property offers a potentially lucrative investment opportunity. However, interested buyers should be prepared to invest significant time and resources to make the property habitable. This is an excellent opportunity to own a prime real estate property in a hot market, so don't miss out on the chance to make this investment. Contact the listing broker today for more information on this property with excellent potential once rehab is complete. PLEASE NOTE: Property have Two PIN numbers. "As-Is Conditions" Buyer needs to do their own Due-Diligence.

Full Features

Exterior Type:
Brick
Basement:
Unfinished
Beds Above Grade:
8
Heating System:
Natural Gas
Pool:
No
Age:
100+ Years
Parking Type:
Space/s
Room Count:
16
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre
Acreage:
0.14

Taxes & Assessments

Tax Amount:
$2,816
Tax Year:
2021

Location

Zip Code:
60637
City:
Chicago
County:
Cook

Schools

School District(s):
130
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Arc Red Inc Arc Realty Group

Listing Office Phone: 773.236.6943

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 3/21/2024 at 3:23pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


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1421 E 69th Place is a multiple unit (2-4) currently listed at $249,000. 1421 E 69th Place features 8 Beds, 4 Baths. This multiple unit (2-4) has been listed on @properties since May 1st, 2023 and was built in 1910. The nearest transit stops include 67th St Metra Metra Metra Electric South Chicago Branch line.