820 East Marquette Road
$1,300,000
24
12
—
—
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Description
We are pleased to present for sale 816-822 E Marquette Road, a 12-Unit multi-family investment opportunity. The property features substantial recent upgrades such as boiler (2020), hot water (2020), roof (2021), lintels and masonry (2024), porch repairs (2024), new exterior emergency lighting (2024). The building's units are spacious and feature split bedrooms, front porch, back porch, and boiler heat. A new investor benefits from the opportunity to bring rents to market with interior cosmetic improvements,...We are pleased to present for sale 816-822 E Marquette Road, a 12-Unit multi-family investment opportunity. The property features substantial recent upgrades such as boiler (2020), hot water (2020), roof (2021), lintels and masonry (2024), porch repairs (2024), new exterior emergency lighting (2024). The building's units are spacious and feature split bedrooms, front porch, back porch, and boiler heat. A new investor benefits from the opportunity to bring rents to market with interior cosmetic improvements, increasing the in-place cap rate from 8.48 to 11.10. Given its location in central Woodlawn, this is an extremely attractive multi-family investment opportunity with significant long-term opportunity for value and rental appreciation. Please request offering memorandum for full investment information.
- Listed by Thomas Hart • 33 Realty
Property Details for 820 East Marquette Road
Area
CHI - Woodlawn
ZoningMULTI
LISTING UPDATED: 12/11/2024 12:06 AM
Property Details for 820 East Marquette Road
Status | Active |
---|---|
MLS # | 12220005 |
Days on Market | 14 |
Taxes | $18,294 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Multi Family 5+-Other |
Year Built | 1913 |
Lot Size | 0.14 AC / 6,250 SF |
County | Cook County |
Building Information for 820 East Marquette Road
Stories4Residences12Year Built1913Building Size-Lot Size0.14 AC / 6,250 SF
Property Information for 820 East Marquette Road
Property History for 820 East Marquette Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 820 East Marquette Road
Taxable ValueLand$5,452Additions$80,947Total$86,399
Tax Record2022$17,771 ($1,481 / month)
Home Facts
Stories3Lot Size6,058 SqFtStyleMulti-Family Res (5+ Units)Year Built1913CountyCOOKAPN20-23-112-028
Schools near 820 East Marquette Road
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 12 | |||
Public - | PK to 6 |
Rating | School | Distance |
---|---|---|
Till Elementary Math & Science Academy PublicPK to 8 | ||
Hyde Park Academy High School Public9 to 12 | ||
Univ of Chicago Chtr-Woodlawn Charter6 to 12 | ||
Woodlawn Elementary Community School PublicPK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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