Property photo 1
0 Beds
7,596 sqft

$799,900

1509 E 69th Place, Chicago IL, 60637

Price per sqft$105.31
Built in1914
Property size7,596 sqft
Property typeMulti-family
Listed by Jennifer Bell with Fulton Grace Realty 312-714-2999

Overview

Active

Listed Jul 14, 2026

Updated Jul 21

Well-Maintained Six-Unit Investment | Five 2BR Units | Tenant-Paid Heat | In-Unit Laundry | Parking Potential Exceptional opportunity to acquire a well-maintained six-unit multifamily investment property featuring five spacious two-bedroom residences and one one-bedroom residence. Offering an attractive unit mix, generous floor plans, and strong rental appeal, this property is an excellent addition to any investment portfolio. The apartments feature expansive living and dining areas, updated kitchens with ample cabinetry, solid-surface countertops, subway tile backsplashes, dishwashers, and modern fixtures. Many of the units retain their original architectural charm, including decorative fireplaces and built-in shelving, blending timeless character with functional updates. Most units also feature the convenience of in-unit laundry, an amenity highly sought after by today's renters. Designed for efficient ownership, each apartment has a separate heating system, with tenants responsible for their own heat, helping reduce operating expenses. The property has been consistently maintained and offers clean, well-kept common areas, attractive rear porches, and a large, dry basement with exceptional storage capacity and future value-add potential. The oversized rear yard provides the opportunity to create approximately five off-street parking spaces, offering additional income potential. One unit is currently vacant, allowing buyers to easily inspect a representative apartment without disturbing existing tenants. Whether you're looking to expand your portfolio, complete a 1031 exchange, or acquire a stable income-producing asset with future upside, this six-unit building offers strong fundamentals, operational efficiencies, and long-term investment potential.

$5,322/mo

Est. mortgage payment based on a $799,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12704639

Interior Features

Bedrooms
0
Basement
Yes

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$10,278
Tax Frequency
Annually
Maintenance Expense
$9,267
MLS provider logo

Listed by Jennifer Bell with Fulton Grace Realty 312-714-2999

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Data is refreshed every 3 hours. Listing last updated 3:25 PM UTC on 7/21/2026. 

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