O'Neil Property Group

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$799,900
92 Days On Site

1509 E 69th Place
Chicago, IL 60637

For Sale|Multi Family|Active
0
Beds
0
Total Baths
7,596
SqFt
$105
/SqFt
1914
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Fulton Grace Realty
1509 E 69th Place1509 E 69th Place1509 E 69th Place1509 E 69th Place
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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.

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Listing Snapshot
Price 
$799,900
Days On Site 
92 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,596 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1914
MLS® Number 
12704639
Status 
Active
Property Tax 
$10,278.46
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoListing updated with changes from the MLS®
3 months agoStatus changed to Active
3 months agoListing first seen on site
General Features
Additional Property Use 
Multi-Family
Foundation 
Concrete Perimeter
Property Sub Type 
Multi Family
SqFt Total 
7596
Interior Features
Basement 
Unfinished
Electric 
Circuit Breakers
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Exterior Features
Construction Details 
Brick
Roof 
Membrane
Community Features
MLS Area 
CHI - South Shore
Township 
Hyde Park
Listing Courtesy of MRED as distributed by MLS Grid of Fulton Grace Realty



Based on information submitted to the MLS GRID as of 2026-10-15 02:06 AM UTC. All data is obtained from various sources and may not have been 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.
Last checked: 2026-10-15 02:06 AM UTC
MRED DMCA Copyright Information Copyright © 2026 Midwest Real Estate Data LLC. All rights reserved.

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