8757 S Marquette Avenue, Chicago, IL

$380,000

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9

Beds

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

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
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

OfficeRuiz Realty, Inc.

Listing Map

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