Closed

2453 W Marquette Road

Chicago, Illinois 60629


Kevin J. Rocio
312.254.0307

Request More Info

$395,000


Square Footage
7,200


Property Type
Multiple Family
Community Area
Chicago Lawn


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
Pool: No
Square Feet: 7,200
Tax Amount: $9,859
Built: 1927
Parking Spaces: 2
Stories: 2
Roof: Rubber
Current Use: Residential-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)
School District(s): City Of Chicago SD 299


Taxes & Assessments
Taxes: $9,859


Chicago Lawn

Neighborhoods: Marquette Park, Lithuanian Plaza

Chicago Lawn is part of the Chicago South Side. Situated just south of Chicago's Loop, Chicago South has experienced rapid development in recent years, particularly in the South Loop neighborhood. Chicago South offers a wide range of housing styles, including…

Learn More

Nearby Public Transportation

Metra
Southwest Service

at Wrightwood Metra (1.83 miles away)







2453 W Marquette Road Chicago, Illinois 60629 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. Nearby schools include Claremont Academy Elementary School, Gage Park High School. The nearest transit stops include Southwest Service Wrightwood Metra. Want to learn more about 2453 W Marquette Road Chicago, Illinois 60629? Contact an @properties agent to request more info.