Active
820 E Marquette Road
Chicago IL, 60637
$1,294,500
$94.30 per sqft
Active
13,728 sqft
Multi-family
Built in 1913
Courtesy of 33 Realty
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.
12220005
MLSⓇ ID
December 5, 2024
Listed
February 12, 2025
Updated
Interior Features
Total Stories
4
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.14 Acres
Other Property Details
Area Name
CHI - Woodlawn
Taxes
$18,294
Tax Frequency
Annually
Days on Market
63
Garage
No
View
No
County
Cook
Pool
No
Zoning
MULTI
Listing History
Date | Event | Price |
|---|---|---|
1/30/2025 | Price change | $1,294,500 -1% |
1/27/2025 | Price change | $1,295,000 -1% |
Courtesy of 33 Realty, Thomas Hart,
Listing Contact: 219-465-8584
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Taylor Dixon Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 2/12/2025. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
©2025 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 4:26 PM UTC, 2/12/2025
