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720 W 61st Street
Chicago IL 60621 US

$650,000

Active Listing ID 12730060
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14 bed
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4.00 Bath (4 Full)
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Other

$650,000

Active Listing ID 12730060
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720 W 61st Street 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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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Heating Fuels: Natural Gas
  • Additional Features
  • Basement

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 650000
  • unparsedaddress: 720 W 61st Street
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60621
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.783672
  • longitude: -87.643397
  • listagentfullname: Kaela Clay
  • listagentemail: kaelaclay@hri1.com
  • listagentkey: 3yd-MREDIL-259272
  • listagentmlsid: 259272
  • listagentpreferredphone: (708) 628-2900
  • listagentofficephone: 7086282900
  • listofficekey: 3yd-MREDIL-8430
  • listofficemlsid: 8430
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1903
  • listingcontractdate: 2026-08-11
  • listagenturl: http://Hri1.com
  • countyorparish: Cook
  • parcelnumber: 20163080240000
  • elementaryschooldistrict: 299
  • middleorjuniorschooldistrict: 299
  • highschooldistrict: 299
  • constructionmaterials: Brick
  • heating: Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 6, Bedroom 14, Bedroom 5, Bathroom 3, Bedroom 9, Bedroom 12, Bedroom 2, Bathroom 4, Bedroom 4, Bedroom 7, Bedroom 8, Bedroom 11, Bedroom 13, Bedroom 10, Bathroom 1, Basement, Bedroom 3, Bedroom 1, Bathroom 2
  • speciallistingconditions: Standard
  • basement: Full, Finished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.643394, 41.783672
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Hunter's Realty, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"kaelaclay@hri1.com", "ListBrokerageCity":"Oak Park", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Cedrick@hri1.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/107/171749/20110809074816806.png", "ListBrokerageName":"Hunter's Realty, Inc.", "ListBrokeragePhone":"(708) 628-2900", "ListBrokeragePostalCode":"60302", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"6049 North Ave", "ListBrokerageWebsiteUrl":"http://Hri1.com", "ListOfficeAddress1":"6049 North Ave. ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"8430", "ListOfficeCity":"Oak Park", "ListOfficeCountry":"US", "ListOfficeEmail":"Cedrick@hri1.com", "ListOfficePostalCode":"60302", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Chicago, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/720-W-61st-St_Chicago_IL_60621_M89174-98106?f=listhub&s=MREDIL&m=12730060&c=rexren", "MLSModificationTimestamp":"2026-08-13 09:05:04", "Neighborhoods":[{"Description":null, "Name":"CHI - Englewood"}], "PostalCode":null, "RoomCount":28, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2743, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/13/2026 9:06:46 AM GMT
Source Updated Date: 8/15/2026 12:43:46 PM GMT

Courtesy of: Kaela Clay, Hunter's Realty, Inc., kaelaclay@hri1.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.