2453 W Marquette Road

Chicago, Illinois 60629
Closed / MLS #10379104 / Multiple Family / Chicago Lawn
Listing information updated 8/3/2023 at 1:33pm
UNDER NEW MANAGEMENT, IMPROVED FINANCIALS & A $50K PRICE REDUCTION! Corner brick legal 13-unit apartment building located in the Chicago Lawn area of Chicago, Illinois. The property features on-site laundry, 2-car garage, huge gated back yard and entrance. Boiler heat along with separate meters for cooking gas and electric. The unit mix of the building consists of eight (8) studio/1-bath units, four (4) 1-bedroom/1-bath units and one (1) 2-bedroom/1-bath unit. Many capital improvements have been completed including new rubber roof (2017), 1/3 of the apartments have been updated which included new appliances at the time plus a new rubber roof (2017), updated boiler, hot water heater/tank, porches up to code (2012) and updated electrical panels. New management is currently releasing building so easy to show with 24 hours notice. Please note: 8 units have been updated and rented. 5 still are in the process of being updated. Financials Reflect a fully updated and rented building (ProForma)

Full Features

Exterior Type:
Brick
Basement:
Partially Finished
Water Front:
No
Square Feet:
7,200
Acreage:
0.2
Built:
1927
Parking Spaces:
2
Stories:
2
Roof:
Rubber
Current Use:
Multi-Family
Zoning:
MULTI
Building Square Feet:
7,200
Current Net Income:
$46,734
Unit 1:
3 room(s) / 0 bed(s) / 1 bath(s)
Unit 2:
4 room(s) / 1 bed(s) / 1 bath(s)
Unit 3:
5 room(s) / 2 bed(s) / 1 bath(s)

Taxes & Assessments

Tax Amount:
$9,859
Tax Year:
2018

Location

Zip Code:
60629
City:
Chicago
County:
Cook
Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

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2453 W Marquette Road is a multiple family which sold for $395,000. This multiple family has been listed on @properties since May 14th, 2019 and was built in 1927.