720 W 61st Street
Chicago, IL 60621
14
Bed
4
Bath
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 an
Property Details
Map
Map
Features
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Bedroom Information
Total Bedroom: 14Bathroom Information
Total Baths: 4Room Information
Rooms Total: 28 -
Flooring Information
Construction Materials: Brick -
Heating & Cooling
Heating: Natural Gas WaterSource: Lake Michigan
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Building Information
Year Built: 1903
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Lot Information
Lot Dimensions: 50x125 Lot Size: .25-.49 AcreProperty Information
Property Type: Residential Income Sub Type: Two to Four Units
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Listing Price Information
Original List Price:$650000
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Tax Information
Annual Tax: $2743 Tax Year: 2023 Parcel Number: 20163080240000
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Utility Information
Sewer: Public Sewer Water Source: Lake Michigan -
Location Information
City: Chicago Direction: From the north, take I-90/94 (Dan Ryan) south to 63rd Street, then east to Halsted and north to 61st Street. From the south, take I-90/94 north to 63rd Street, then east to Halsted and north to 61st Street. From the east, travel west on 61st Street to the property. From the west, travel east on 61st Street to the property. The property is just east of Halsted Street.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 7335 S Morgan Street, Chicago, IL, 60621 | $95,000 | 4 | 2 | 1,624 | 1,624 SqFt |
| 6342 S Parnell Avenue, Chicago, IL, 60621 | $130,000 | 6 | 2 | -- | |
| 7410 S Wentworth Avenue, Chicago, IL, 60621 | $79,900 | 3 | 2 | 1,288 | 1,288 SqFt |
| 7251 S Stewart Avenue, Chicago, IL, 60621 | $280,000 | 7 | 4 | -- | |
| 7311 S Aberdeen Avenue, Chicago, IL, 60621 | $269,000 | 4 | 3 | 3,200 | 3,200 SqFt |
| 6832 S Aberdeen Street, Chicago, IL, 60621 | $249,900 | 4 | 2 | 1,400 | 1,400 SqFt |
| 7205 S Morgan Street, Chicago, IL, 60621 | $230,000 | 4 | 3 | 1,900 | 1,900 SqFt |
| 5750 S Lowe Avenue, Chicago, IL, 60621 | $205,000 | 4 | 2 | 950 | 950 SqFt |
| 6505 S Peoria Street, Chicago, IL, 60621 | $284,900 | 8 | 3 | -- | |
| 5718 S Sangamon Street, Chicago, IL, 60621 | $409,000 | 10 | 3 | -- |
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ByOwner last updated this listing 08/19/2026 @ 06:20
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