IL > Chicago
Chicago, IL 60649,1619 E 70th ST
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Chicago, IL 60649,1619 E 70th ST
Chicago, IL 60649,1619 E 70th ST
Chicago, IL 60649,1619 E 70th ST
Chicago, IL 60649,1619 E 70th ST
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Samuel Stella

Samuel Stella

+1(224) 426-4652
$ 999,000
Est. payment /mo
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1619 E 70th ST Chicago, IL 60649

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12318365

Maintenance Fees $2,200

Year Built 1932

Annual Tax Amount $14,600

Tax Year 2023

Lot Dimensions 0.2ACRES

Property Sub-Type Multi Family 5+

Property Description

1619 E. 70th represents a turn-key investment opportunity in the desirable Jackson Park Highlands neighborhood. The building consists of seven units: six 2-bedroom, 1-bathroom apartments and a garden studio. It also has a 1-car garage that has been consistently rented for over four years. In 2021, the Property underwent an extensive gut renovation, including updates to all building mechanicals, common areas, and systems, with permits and a certificate of occupancy issued by the City of Chicago. Each unit is equipped with central heating and air conditioning, with tenants responsible for their own gas and electric utilities. Additionally, on-site coin laundry provides additional income. 1619 E. 70th is a five-minute walk from the Stony Island Metra stop, offering a seamless 20-minute commute into downtown Chicago. This Property offers a straightforward investment opportunity with projected cash-on-cash returns that are realistic as all major capital improvements are complete. Your management effort is simply keeping the building leased and keeping pace with market rent increases. -- BROKER OWNED --

Location

State IL

County Cook

Area Chi - South Shore

Zoning MULTI

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Level or Stories 3

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Dragos Morar • ROOFSPY LLC
agent

Samuel Stella

Designated Managing Broker / Owner | License ID: 471.021016

+1(224) 426-4652

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1619 E 70th ST

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