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Tina Tendall and Amanda Clark
REALTOR®
(815) 623-5555
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1509 E 69th Place, Chicago, IL 60637

$799,900
  • 1509 E 69th Place, Chicago, IL 60637 Main Photo

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New to the Market New
BEDS0 BATHS SQUARE FEET7,596 MLS#12704639
STATUSNew PROPERTY TYPEMulti Unit - Multiple

Property Description

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.

1509 E 69th Place | MLS# 12704639

This multi-family property located at 1509 E 69th Place, Chicago, IL 60637 is currently listed for sale with an asking price of $799,900. Search Chicago real estate on teisler.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Lot Size: 0.14 Acres
Roof Type: Membrane
Stories: 3.0
Taxes: $10,278
Year Built: 1914

Feature Descriptions

Current Use: Multi-Family
Electric: Circuit Breakers, Service - 201 to 600 Amps
Exterior: Brick
Fire Protection: None
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Forced Air
Location: In City Limits
Lot Dimensions: 50x130
Parcel#: 20234180030000
Parking: 1-5 Spaces
Tenant Pays: Electricity, Heat
Units: 6

Listed By / Shown By

Listed By

Agency Name: Fulton Grace Realty
Agency Phone: 773-698-6648

Shown By

Agent Name: Tina Tendall and Amanda Clark
Agent Phone: (815) 623-5555
Agency Title: Gambino Realtors

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Estimated Payment

$ 4,723.20 per month $3,633.40 Principal & Interest $856.50 Property Tax $233.30 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/16/2026. The listing information on this page last changed on 07/16/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 07/16/2026 3:05:55 AM EST) or MRED MLS (last updated Thu 07/16/2026 2:04:15 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Wed 07/15/2026 10:15:44 PM EST) or Northern Illinois Commercial Association Realtors (last updated Wed 07/15/2026 2:10:08 PM EST). Real estate listings held by brokerage firms other than Gambino Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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