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8757 S Marquette Avenue Chicago, IL 60617

$440,000
New / MLS# 12605908 / Multi Unit - Multiple / Chicago
9 Beds
4 Baths

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!

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yearly (est.)
(Payments are an estimate and may vary by lender)

Estimated Payment

$ 1,349.19 per month $977.78 Principal & Interest $243.08 Property Tax $128.33 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Full
Garage: 2
Heating: Natural Gas, Forced Air, Space Heater, Sep Heating Sy
Lot Size: 75 X 138.6
Roof Type: Asphalt
Taxes: $2,917
Year Built: 1891

Feature Descriptions

Additional rooms: Enclosed Porch
Exterior: Frame, Other
Lot Dimensions: 75 X 138.6
Parcel#: 26061060200000
Parking: Yes, Detached, Garage
Sewer: Public Sewer
Total Rooms: 17
Township: South Chicago
Water: Lake Michigan

Schools

High School: Bowen High School
Middle School: Mireles Elementary School Academ
Elementary School: Mireles Elementary School Academ
School District: District 299

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.

Location

See details and scored characteristics about this location.

Listing Office: Ruiz Realty, Inc.

Listing Office Phone: 773-767-9470



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