Price Reduced Listing
$1,294,500
( $94.30Per Sq Foot )
 $6,949 est/mo Sourced by Back At You

820 E Marquette Road , Chicago, IL 60637

Chicago, IL 60637

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Description

We are pleased to present for sale 816-822 E Marquette Road, a 12-Unit multi-family investment opportunity. The property features substantial recent upgrades such as boiler (2020), hot water (2020), roof (2021), lintels and masonry (2024), porch repairs (2024), new exterior emergency lighting (2024). The building's units are spacious and feature split bedrooms, front porch, back porch, and boiler heat. A new investor benefits from the opportunity to bring rents to market with interior cosmetic improvements, increasing the in-place cap rate from 8.67 to 13.19. Given its location in central Woodlawn, this is an extremely attractive multi-family investment opportunity with significant long-term opportunity for value and rental appreciation. Please request offering memorandum for full investment information.

Details

MLS#12220005
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1913
Days On Site64
Listing Provided By33 Realty | Thomas Hart

Features

SQ Feet13,728
Story(s)4
Units12
ZoningMULTI

Market Activity 60637

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60637
AreaCHI Woodlawn
Listing VS Median (in 60637)
Price:
$1,294,500
low | high
Med:
$53,950
100% of Average
SqFt:
13,728
low | high
Med:
1,485
100% of Average
$ / SqFt:
$94
low | high
Med:
$37
100% of Average
On Site:
64
low | high
Med:
276.500000
23.146473779385% of Average
Sourced by Back At You
Listing Updated: January 31, 2025 at 3:47:09 PM PST