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Street View
$550,000
Monthly Est:$2,738
14 Beds
4 Baths
--sqft
720 W 61st Street, Chicago, IL 60621
$550,000
$2,738/moEst:
Get Pre-Approved
Multi Family
Built in 1903
$-- HOA
-- sqft lot
--/sqft
Description
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.
- Houzeo last checked: 3 minutes ago
- Listing updated: October 31, 2026 at 8:52 am
- Listing Provided by: Kaela Clay (773) 619-2965 | Hunter's Realty, Inc. (708) 628-2900
- Source: MRED MLS-IL as distributed by MLS GRID | MLS#: 12795412
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1903
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
MRED MLS
MLS Number
12795412
MLS Status
New
Days on Market
4
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 14
Bathrooms: 4
Interior
Heating
Gas
Sewer
Public Sewer
Construction
Year Built
Year Built: 1903
Home type
Multi Family
Construction Materials
Brick
Utilities & Energy
Water Source
Lake Michigan
Basement
Finished, Full
Price History
| Date | Event | Price |
|---|---|---|
10/27/2026 Source: | Listing Removed | $599,900 +9.07% $0/sqft |
10/27/2026 Source: | Listed for Sale | $550,000 -8.32% $0/sqft |
10/06/2026 Source: | Price Decreased | $599,900 -4.78% $0/sqft |
08/20/2026 Source: | Price Decreased | $630,000 -3.08% $0/sqft |
08/11/2026 Source: | Listed for Sale | $650,000 $0/sqft |
Englewood Ranks #167 in Chicago, IL
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This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Nov 01, 2026, 03:15PM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market. Based on information submitted to the MLS GRID as of Nov 01, 2026, 03:15PM. All data is obtained from various sources and has not been, and will not be, 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS, Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved
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