Chicago, IL 60636,1836 W Marquette RD
Chicago, IL 60636,1836 W Marquette RD
Chicago, IL 60636,1836 W Marquette RD
Chicago, IL 60636,1836 W Marquette RD
Chicago, IL 60636,1836 W Marquette RD
Chicago, IL 60636,1836 W Marquette RD
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$ 249,999
Est. payment | /mo

6,969 Sqft Lot


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$ 249,999
Est. payment | /mo
Save

6,969 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12412679

Year Built 1930

Annual Tax Amount $15,576

Tax Year 2023

Lot Size 6,969 Sqft

Lot Dimensions 68X103

Property Sub-Type Multi Family 5+

Property Description

Prime value-add investment opportunity in this brick three-story walk-up that has been completely gutted and is ready for a full-scale renovation, giving new ownership the flexibility to reconfigure floor plans and deliver modern, efficient units that meet today's renter demand. Priced attractively at just 20,830 per unit. Situated on a prominent corner lot, the building is ideally positioned to capture strong rental demand in the area, with estimated Section 8 voucher rents for 1-bedroom units ranging from 1,350 to 1,650 per month. Planned renovations will include a new roof, plumbing, electric, and all other major systems, providing peace of mind and minimizing future capital expenditures. With ample room to add value and maximize cash flow, this is a rare chance to acquire a solid brick building at a compelling basis and achieve exceptional returns.

Location

State IL

County Cook

Area Chi - West Englewood

Zoning MULTI

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Level or Stories 3

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
Listed by Angelo Labriola • Sperry Van Ness
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1350 Remington Rd, Suite B, Schaumburg, IL, Other

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1836 W Marquette RD