820 E Marquette Road
Chicago, IL, 60637
$1,294,500
Beds
0 Baths
13,728 SqFt
0 Acres
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$1,294,500
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), 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. 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

Financial

Net Operating Income
$171,528
Tax Year
2023
Taxes
$18,294
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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820 E Marquette Road
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