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About the Listing 87738 - 888506,253389
Welcome to this value-add 12-unit investment opportunity in West Englewood! This yellow-brick building features 1 bedroom and 1 bathroom in each unit and will require a full-renovation for experienced investors and developers. This property is ideally suited for a complete rehab to unlock significant upside through repositioning, rent growth, and long-term cash flow. With a full renovation, investors can capitalize on updated interiors, improved mechanicals, and enhanced curb appeal for modernization to meet current market demand to significantly increase rental income and overall asset value. Situated on Marquette Road, the property benefits from strong neighborhood fundamentals, proximity to public transportation, retail corridors, schools, and easy access to major thoroughfares. The area continues to see investor activity driven by affordability and demand for renovated rental housing and is ideal for buy-and-hold or repositioning strategy. This is an excellent opportunity for investors seeking a high-return redevelopment project at a great price in an established Chicago neighborhood!
Listing Highlights
Status
Pending
Days on Site
69
Property Type
Multi-Family
MLS ®
12526261
Year Built
1927
Total Square Footage
0
Lot/Acreage
0.15
County
Cook
Area
CHI - West Englewood
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 50X120
- Zoning: MULTI
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $15,185
- Taxes w/Assessments: N/A
- Tax/Property ID: 20192260370000
- Tax Year: 2022
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
1836 W Marquette Rd Chicago, IL 60636
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