820 E Marquette Road
Chicago, IL, 60637
$1,294,495
Beds
0 Baths
13,728 SqFt
0 Acres
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$1,294,495
820 E Marquette Road
Chicago, IL, 60637
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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.

Property Details

Price:
$1,294,495
MLS #:
MRD12220005
Status:
Active
Beds:
0
Baths:
0
Address:
820 E Marquette Road
Type:
Commercial
Neighborhood:
CHI – Woodlawn
City:
Chicago
Listed Date:
Dec 5, 2024
State:
IL
Finished Sq Ft:
13,728
Total Sq Ft:
13,728
ZIP:
60637
Year Built:
1913

Schools

Interior

Exterior

Construction Materials
Brick

Financial

Maintenance Fee
$7,200
Net Operating Income
$171,528
Tax Year
2023
Taxes
$18,294
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Debra Dobbs

Debra Dobbs

Realtor®

Phone 312 307-4909

Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Courtesy of 33 Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Chicago, IL. Detailed information about real estate listings held by brokerage firms other than Compass / The Debra Dobbs Group include the name of the listing broker. Neither the listing company nor Compass / The Debra Dobbs Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Chicago, IL. All rights reserved.
Rover IDX
820 E Marquette Road
Chicago, IL