8757 S Marquette AVE, Chicago, IL 60617
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8757 S Marquette AVE, Chicago, IL 60617
8757 S Marquette AVE, Chicago, IL 60617
8757 S Marquette AVE, Chicago, IL 60617
8757 S Marquette AVE, Chicago, IL 60617
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$ 380,000
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8757 S Marquette AVE Chicago, IL 60617

9 Beds

4 Baths


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12720583

Bedrooms 9

Year Built 1891

Annual Tax Amount $2,953

Tax Year 2024

Lot Dimensions 75 X 138.6

Property Sub-Type Two to Four Units

Property Description

Excellent investment opportunity in the heart of South Chicago! This solid 3-unit building offers strong income potential and long-term value for both seasoned investors and owner-occupants. First floor front unit offers 1 bedroom and 1 bath. First floor rear unit offers 3 bedrooms and 1 bath. While the second floor unit offers 5 bedrooms 1 and half bathrooms, living room and 2 dining rooms, or 2 living rooms and 1 dining room, your choice with the spacious layout with bright living areas. The property provides a versatile setup-live in one unit while renting out the others, or maximize cash flow by leasing all three. The building sits on a quiet, residential block and includes a large backyard space perfect for outdoor enjoyment as the property sits on 3 lots, along with convenient parking options. With separate utilities and well-proportioned units, this property is ideal for easy management and consistent rental income. The roof was done in 2018 and water heaters replaced in the last 3-5 years. Located near schools, parks, shopping, and public transportation, tenants will appreciate the accessibility and neighborhood feel. Easy access to major roadways makes commuting a breeze. In addition to the proximity of only 5 minute drive to QUANTUM SHORE which is a project that is expected to bring thousands of jobs the next decade. Whether you're looking to expand your portfolio or secure a multi-unit property with great upside, this is a fantastic opportunity you won't want to miss!

Location

State IL

County Cook

Area Chi - South Chicago

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas, Forced Air, Space Heater, Sep Heating Systems - 2+, Indv Controls

Fireplace N

Exterior

Garage Spaces 2.0

Community Features Gated

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Frame,Other, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Frame,Other

New Construction false

Schools

Elementary Schools Mireles Elementary School Academ

Middle Schools Mireles Elementary School Academ

High Schools Bowen High School

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None


Midwest Real Estate Data (MRED) IDX
Listed by Miguel Sanchez of  Ruiz Realty, Inc. 

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8757 S Marquette AVE