1534 E Marquette Road
Chicago, IL, 60637
$1,460,000
Beds
0 Baths
0 SqFt
0 Acres
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$1,460,000
1534 E Marquette Road
Chicago, IL, 60637
MLS #MRD12457767 img 0MLS #MRD12457767 img 1MLS #MRD12457767 img 2MLS #MRD12457767 img 3MLS #MRD12457767 img 4MLS #MRD12457767 img 5MLS #MRD12457767 img 6MLS #MRD12457767 img 7MLS #MRD12457767 img 8MLS #MRD12457767 img 9MLS #MRD12457767 img 10MLS #MRD12457767 img 11MLS #MRD12457767 img 12MLS #MRD12457767 img 13MLS #MRD12457767 img 14MLS #MRD12457767 img 15MLS #MRD12457767 img 16MLS #MRD12457767 img 17MLS #MRD12457767 img 18MLS #MRD12457767 img 19MLS #MRD12457767 img 20MLS #MRD12457767 img 21MLS #MRD12457767 img 22
An Investor’s Dream: High-Quality Multifamily Asset in Woodlawn’s Growth Corridor right along the Lakefront. This professionally managed and meticulously maintained multifamily property at 1534 E Marquette Road is a premier investment opportunity in Chicago’s rapidly appreciating Woodlawn community. Positioned for both immediate cash flow and substantial long-term equity growth, this asset offers a strategic foothold in one of the city’s most dynamic development zones. Solid Fundamentals, Unmatched Upside Exceptional ROI: This building offers a solid return from day one. Rent growth in the market area is strong presenting an opportunity to value add. Built-in Value: The property’s large (approximately 1600+sq ft units on the second and third floor and even larger duplex down units on the first floor, command premium rents and are highly attractive to quality tenants, reducing vacancy risk. Professional Ownership: Owned and managed by a builder/developer, this property has been maintained to a high standard, with consistent upgrades and professional oversight that ensures a smooth operation. Prime Location, Exponential Growth. The investment story of this property is driven by its irreplaceable location at the nexus of major public and private development. Obama Presidential Center: Located just four blocks from the OPC site, the property, and is residents, are poised to benefit directly from the economic and cultural revitalization that this landmark project is bringing to the area. Jackson Park Transformation: Situated only one block from the Jackson Park Golf Course, the property is a direct beneficiary of the multi-million dollar redesign of the course and the broader park system, enhancing local amenities and property values. Hyper-Proximate to Key Institutions: Within a mile, tenants have access to the University of Chicago, its world-class hospital, the lakefront trails, and the 63rd Street Beach, ensuring a deep pool of potential renters, including students, faculty, and medical professionals. New Construction Hotspot: Woodlawn has been a leader in new construction permits filed, confirming its status as a top-tier neighborhood for investment and development. This property is surrounded by new projects, signaling a strong and sustained trajectory of appreciation. This is a rare opportunity to acquire a high-quality, professionally managed income property with a clear path to significant future returns. A perfect addition to any investment portfolio, it is a stable asset in the middle of a major urban renaissance.

Property Details

Price:
$1,460,000
MLS #:
MRD12457767
Status:
Active
Beds:
0
Baths:
0
Address:
1534 E Marquette Road
Type:
Commercial
Neighborhood:
CHI – Woodlawn
City:
Chicago
Listed Date:
Aug 28, 2025
State:
IL
ZIP:
60637
Year Built:
1907

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick

Financial

Maintenance Fee
$8,429
Net Operating Income
$106,110
Tax Year
2023
Taxes
$9,648
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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1534 E Marquette Road
Chicago, IL