820 E Marquette Road
Chicago, IL, 60637
$1,294,500
Beds
0 Baths
13,728 SqFt
0 Acres
Add
Add
$1,294,500
820 E Marquette Road
Chicago, IL, 60637
MLS #MRD12220005 img 0MLS #MRD12220005 img 1MLS #MRD12220005 img 2MLS #MRD12220005 img 3MLS #MRD12220005 img 4MLS #MRD12220005 img 5MLS #MRD12220005 img 6MLS #MRD12220005 img 7MLS #MRD12220005 img 8MLS #MRD12220005 img 9MLS #MRD12220005 img 10MLS #MRD12220005 img 11MLS #MRD12220005 img 12MLS #MRD12220005 img 13MLS #MRD12220005 img 14MLS #MRD12220005 img 15MLS #MRD12220005 img 16MLS #MRD12220005 img 17MLS #MRD12220005 img 18MLS #MRD12220005 img 19MLS #MRD12220005 img 20MLS #MRD12220005 img 21MLS #MRD12220005 img 22MLS #MRD12220005 img 23MLS #MRD12220005 img 24MLS #MRD12220005 img 25MLS #MRD12220005 img 26MLS #MRD12220005 img 27MLS #MRD12220005 img 28MLS #MRD12220005 img 29MLS #MRD12220005 img 30MLS #MRD12220005 img 31MLS #MRD12220005 img 32MLS #MRD12220005 img 33MLS #MRD12220005 img 34MLS #MRD12220005 img 35MLS #MRD12220005 img 36MLS #MRD12220005 img 37MLS #MRD12220005 img 38MLS #MRD12220005 img 39MLS #MRD12220005 img 40MLS #MRD12220005 img 41MLS #MRD12220005 img 42MLS #MRD12220005 img 43MLS #MRD12220005 img 44MLS #MRD12220005 img 45MLS #MRD12220005 img 46MLS #MRD12220005 img 47
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:
$1,294,500
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

Net Operating Income
$171,528
Tax Year
2023
Taxes
$18,294
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing
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.

More About Debra

Mortgage Calculator

 

Map

Similar Listings Nearby

disclosure
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