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$175,000
59 Days Online

722 W Marquette Road
Chicago, IL 60621

For Sale|Multi-Family|Active Under Contract
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Straight-A Realty, LLC 630-288-2446
Call Now: 312-767-7744
Is this the home for you? We can help make it yours.
312-767-7744
722 W Marquette Road722 W Marquette Road722 W Marquette Road722 W Marquette Road
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Explore the immense potential of this expansive Englewood brick two-unit property, which sits vacant and ready for your vision. A virtual tour and rendered photos are included to better assist with visualizing the property's layout and rehab potential! Offering 3, 186 square feet of finished living space across duplexed units, this property presents an incredible opportunity. The first-floor unit includes 3 bedrooms and 2 full bathrooms, duplexing into a finished basement with room for additional bedrooms. The second-floor apartment boasts 4 bedrooms and 1 bathroom, duplexing up into a finished attic. While some TLC is needed, the equity upside is substantial, with renovated similar properties selling for an average of $386, 000 within a half-mile radius in the past 6 months, presenting over $200, 000 of available equity upside. The rental income upside provides a great opportunity for an owner-occupied buyer to live in one unit while the tenant in the other unit covers the lion's share of the mortgage and building expenses. With rental income potential of up to $1, 800 for a 4-bedroom unit and $1, 600 for a 3-bedroom unit, this property is an excellent investment opportunity. Plus, enjoy the convenience of a 2-car garage. Don't miss your chance to explore the possibilities and schedule a showing today! *PROPERTY IS BEING SOLD "AS-IS" Owner is a licensed IL real estate agent.

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Listing Snapshot
Price 
$175,000
Days Online 
59 Days
Bedrooms 
7
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1890
MLS® Number 
11984449
Status 
Active Under Contract
Property Tax 
$640
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
19 hours agoListing updated with changes from the MLS®
19 hours agoStatus changed to Active Under Contract
2 months agoListing first seen online
General Features
Parking Spaces 
2
Sewer 
Public Sewer
Basement 
FullWalkout
Water 
Public
Property Sub Type 
Multi Family
Garage Spaces 
2
General Information 
None
Garage 
Detached
Rooms Total 
14
Lot Size 
Less Than .25 Acre
Parking Total 
2
Interior Features
Heating 
Natural Gas
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Exterior Features
Roof 
Asphalt
Waterfront Property 
No
Exterior 
Porch
Community Features
Township 
Hyde Park
MLS Area 
CHI - Englewood
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Straight-A Realty, LLC 630-288-2446



Based on information submitted to the MLS GRID as of 2024-04-21 07:20 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2024-04-21 07:20 AM UTC
MRED DMCA Copyright Information Copyright © 2024 Midwest Real Estate Data LLC. All rights reserved.

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