820 E Marquette Road, Chicago IL 60637

$1,294,500

820 E Marquette Road, Chicago, IL 60637

bedrooms

bathrooms

square feet

13,728

Acreage

Open Houses

year built

1913

Full Baths

Half Baths

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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 based on 1800 per month market rent (stabilized/market rent reflected in financials). 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.

Location
Subdivision	-
County	Cook
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

Driving directions

Open houses

None scheduled.

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MLS number: 12220005

Listing agent: Thomas Hart #475149185

Listing broker: 33 Realty (773) 327-4975

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Last update: Tuesday, February 4 2025 at 6:13 p.m. EST

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