820 E Marquette Road, Chicago, IL 60637

$1,294,500

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 - 90K), 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 9.25 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: Wednesday, April 16 2025 at 5:10 a.m. EDT

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