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820 E Marquette Road
Chicago IL 60637 US

$1,300,000

Active Listing ID 12220005
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$1,300,000

Active Listing ID 12220005
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820 E Marquette Road 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 8.48 to 11.10. 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.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1300000
  • unparsedaddress: 820 E Marquette Road
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60637
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 13728
  • livingareaunits: Square Feet
  • listagentfullname: Thomas Hart
  • listagentemail: gene.hart@33realty.com
  • listagentkey: 3yd-MREDIL-186526
  • listagentmlsid: 186526
  • listagentpreferredphone: 2194658584
  • listagentofficephone: 7733274975
  • listofficekey: 3yd-MREDIL-84146
  • listagentstatelicense: 475149185
  • listofficemlsid: 84146
  • disclaimer: Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1913
  • listingcontractdate: 2024-12-05
  • listagenturl: http://www.33realty.com
  • countyorparish: Cook
  • parcelnumber: 20231120280000
  • constructionmaterials: Brick
  • numberofunitstotal: 12
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"33 Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"gene.hart@33realty.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@33realty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"33 Realty", "ListBrokeragePhone":"(773) 327-4975", "ListBrokeragePostalCode":"60614", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2636 N Lincoln", "ListBrokerageWebsiteUrl":"http://www.33realty.com", "ListOfficeAddress1":"357 W. Chicago Ave.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"163227", "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":"info@33realty.com", "ListOfficePostalCode":"60654", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale - Chicago, IL", "ListingURL":"https://listings.listhub.net/pages/MREDIL/12220005/?channel=rexren", "MLSModificationTimestamp":"2024-12-05T03:07:05Z", "Neighborhoods":[{"Description":null, "Name":"CHI - Woodlawn"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":18294, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/5/2024 10:35:19 AM GMT
Source Updated Date: 12/25/2024 6:47:41 AM GMT

Courtesy of: Thomas Hart, 33 Realty, gene.hart@33realty.com

Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.