Chicago, IL 60629,2423 W Marquette RD
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Chicago, IL 60629,2423 W Marquette RD
Chicago, IL 60629,2423 W Marquette RD
Chicago, IL 60629,2423 W Marquette RD
Chicago, IL 60629,2423 W Marquette RD
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Active Under Contract

2423 W Marquette RD Chicago, IL 60629


UPDATED:

12/12/2024 02:46 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12218305

Maintenance Fees $20,000

Year Built 1929

Annual Tax Amount $13,148

Tax Year 2023

Lot Dimensions 50X125

Property Description

Attention Investors! Don't miss this fully occupied, well-maintained 14-unit brick building in the sought-after Marquette Park area. With some rents currently below market, this property offers significant upside potential for increased income. The building underwent an almost copmplete rehab in 2016, including the installation of individual furnaces for each unit. Apartments have been updated on a rolling basis as they became vacant, ensuring they remain in excellent condition. Unit Breakdown: (1) Studio / 1 Bath (5) 1 Bedroom / 1 Bath (6) 2 Bedroom / 1 Bath (2) 3 Bedroom / 1 Bath Additional features include a spacious basement, already equipped with one bathroom, offering the opportunity to add more units and further maximize revenue. Some tenants have leases, while others are on a month-to-month basis, providing flexibility for future plans. The property offers a 2 car garage with potential for more income (currently used as storage by owner) This property is a prime investment opportunity with great rental income potential and room for growth!

Location

State IL

County Cook

Area Chi - Chicago Lawn

Zoning COMMR

Interior

Cooling Window Unit(s)

Fireplace N

Building

Dwelling Type Multi Family 5+

Level or Stories 3

Structure Type Brick


Midwest Real Estate Data (MRED) IDX
Listed by Maria Ivette Hollendoner • Keller Williams Preferred Realty

Inna Bekesi

Broker | License ID: 475.212387

+1(224) 387-6700

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2423 W Marquette RD