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Investor Special - 3 Bed - 2 Bath - Full unfinished basement - and space to build a new garage. Rehab or Rebuild Opportunity. Attention experienced investors and builder, this 3-bedroom, 2-bath home suffers roof damage and a complete gut rehab is needed yet offers major upside potential for those ready to roll up their sleeves. Buyer responsible for 2025 second quarter taxes and all 2026 taxes - seller will not give any tax credits. All other back taxes will be paid at closing. Buyer responsible for any city violations & requirements and survey. Proceed with caution. This is an AS-IS sale and an excellent opportunity for experienced investors looking for their next profitable project. The home runs on gas for heat yet seller does not know if the furnace is working - sold as is. Proceed with caution & bring a flashlight.
| Address |
1417 E 71st Street
Chicago, IL 60619 |
| Listing Status | ACTIVE |
| Asking Price | $39,900 |
| On Market Date | $49,900 @ Jun 29, 2026 |
| Original Entry | Jun 29, 2026 |
| Square Footage | 1481 sf |
| Bedrooms | 3 |
| Full Bathrooms | 2 |
| Directions | Stony Island to 71st St. West to address. |
| Neighborhood | SOUTH SHORE |
| School District | Not Listed |
| Property Type | Fee Simple |
| Assessment | $0 |
| Timeline | Notes |
|---|---|
| Aug 7, 2026 | Price reduced to $39,900 #MRD12686659 |
| Jul 16, 2026 | Price reduced to $44,900 #MRD12686659 |
| Jun 29, 2026 | Listed for $49,900 #MRD12686659 |
| County | Cook |
| Tax PIN | 20262020040000 |
| Property Tax | $3,642 for the year 2024 |
| Lake Michigan Distance | 2.1 miles |
| Style | Detached Single |
| Material | Not Listed |
| Lot Size | 25X125 |
| Fencing | Not Listed |
| Topography | Not Listed |
| Swimming Pool | Not Listed |
| Parking |
Total Spaces: 0
Garage Spaces: 0
Non-Garage Spaces:
0 -
|
| View | Not Listed |
| Year Built | 1893 |
| Laundry Location | |
| Elevator | Not Listed |
| Cooling | None |
| Heating | Natural Gas |
| Sewer/Septic | Public Sewer |
| Fireplaces | Not Listed (0) |
| Additional Parcels | No |
| Appliances | No |
| Assessments | No |
| Association | No |
| Association Fee 2 | 0 |
| Association Fee Frequency | Not Applicable |
| Attached Garage | No |
| Basement | Unfinished, Full |
| Below Grade Finished Area | 0 |
| Carport Spaces | 0 |
| Cooling | No |
| Electric | Circuit Breakers, 100 Amp Service |
| Foundation Details | Concrete Perimeter |
| Heating | No |
| High School District | 299 |
| Land Lease | No |
| Laundry | No |
| Living Area Source | Assessor |
| Main Level Bathrooms | 0 |
| Main Level Bedrooms | 0 |
| New Construction | No |
| Number Of Units Total | 0 |
| Number Remotes | 0 |
| Parking | No |
| Patio | No |
| Pool Private | No |
| Property Attached | No |
| Sprinklers | No |
| View | No |
| Well Depth | 0 |
| Well Gallons Per Minute | 0 |
| Well Pump Horsepower | 0 |
| Well Report | No |
| Platform | MRED |
| AOR | |
| MLS Number | MRD12686659 |
| Courtesy of | RE/MAX 1st Service |
https://www.chicagotopcondos.com/MRD12686659