Active
14 beds
720 W 61st St, Chicago, IL 60621
Est: $3,484/moGet pre-approved
Multi FamilyProperty Type
0.14 acresLot Size
1903Year Built

Description

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...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.
43 days on Market
  • Listed by: Kaela Clay 708.628.2900 kaelaclay@hri1.com • Hunter's Realty, Inc.
Last updated: 08/26/2026 12:06 AM • Source: MRED as distributed by MLS GRID, MLS#: 12730060

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Listing Courtesy of Hunter's Realty, Inc.
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$3,484 per month

30 year fixed, 6.71% Interest

Principal and Interest

$3,256

Property Taxes

$229

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Property Information for 720 West 61st Street

Property Details
  • Taxes: $2,743 / year
  • MLS Type: Two to Four Units / 4 Flat
  • County: Cook County
  • Area: CHI - Englewood
  • Township: Hyde Park
  • Ownership: Fee Simple
  • Num Of Parking Spaces: 0.0
  • Heat/Fuel: Natural Gas
Building Information
  • Residences: 4
  • Year Built: 1903
  • Lot Size: 0.14 AC / 6,250 SF
General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Property Information
Interior Features
  • Num Of Rooms: 28
  • Bedrooms Total: 14
  • Bedrooms (Below Grade): 0
  • Basement Type: Finished, Full
  • Bedrooms Possible: 14
  • Basement Bathrooms: No
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2026
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: .25-.49 Acre
  • Lot Dimensions: 50x125
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Construction: Brick
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 6100
  • East Coordinate: 0
  • West Coordinate: 720
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 11
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: VAC
Unit 2
  • Unit Type Actual Rent: $2,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: MTM
Unit 3
  • Unit Type Actual Rent: $2,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Lease Expiration Date: MTM
Unit 4
  • Unit Type Actual Rent: $1,250.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 3/27

Property History for 720 West 61st Street

DateEvent & SourcePriceAppreciation
Aug 20, 2026

Price Change

MRED #12730060

$630,000
Aug 11, 2026

Listed (Active)

MRED #12730060

$650,000
Oct 21, 2024

Sold

MRED #12064382

$475,000
DateEvent & SourcePrice
08/20/2026

Price Change

MRED #12730060

$630,000
08/11/2026

Listed (Active)

MRED #12730060

$650,000
10/21/2024

Sold

MRED #12064382

$475,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 720 West 61st Street

Taxable ValueLand$1,611Additions$27,389Total$29,000
Tax Record2023$2,743 ($229 / month)
Home Facts
Baths4.5Total Finished SqFt5,535 SqFtAbove Grade Finished SqFt5,535 SqFtStories3Lot Size5,370 SqFtStyleMulti-Family Res (5+ Units)Year Built1903Year Renovated1905ZoningRS-3CountyCOOKAPN20-16-308-024-0000

Schools near 720 West 61st Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 9 to 12
Public - PK to 8
Rating
School
Distance
Nicholson Technology Acad Elementary School
PublicPK to 8

Englewood STEM High School
Public9 to 12

Urban Prep Charter Englewood High School
Charter9 to 12

Kershaw Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

720 West 61st Street is a multi-family home for sale in Chicago, IL 60621. This property was listed for sale on August 11, 2026 by Hunter's Realty, Inc., it's currently listed at $630,000. It has been on the market for a total of 43 days and was last sold on October 21, 2024. This listing's school district is Chicago Public Schools. Nearby schools include Nicholson Technology Acad Elementary School, Englewood STEM High School and Urban Prep Charter Englewood High School. 720 West 61st Street is a 14-bed, 4-bath multi-family home built in 1903.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hunter's Realty, Inc.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 08/26/2026 12:06 AM. 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.