About 8757 S Marquette Avenue
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!
Features of 8757 S Marquette Avenue
| MLS® # | 12720583 |
|---|---|
| Price | $380,000 |
| Bedrooms | 9 |
| Bathrooms | 0.00 |
| Year Built | 1891 |
| Type | Residential Income |
| Sub-Type | Two to Four Units |
| Status | Active |
| Taxes | $2,953 |
Community Information
| Address | 8757 S Marquette Avenue |
|---|---|
| Area | CHI - South Chicago |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60617 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Parking | Yes, Detached, Garage |
| # of Garages | 2 |
| Is Waterfront | No |
| New Construction | No |
| Has Pool | No |
Interior
| Heating | Natural Gas, Forced Air, Space Heater, Sep Heating Systems - 2+, Indv Controls |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Unfinished, Full |
Exterior
| Exterior | Frame, Other |
|---|---|
| Roof | Asphalt |
School Information
| District | 299 |
|---|---|
| Elementary | Mireles Elementary School Academ |
| Middle | Mireles Elementary School Academ |
| High | Bowen High School |
Additional Information
| Days on Market | 7 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Ruiz Realty, Inc. |
|---|