8757 S Marquette Avenue,Chicago, IL 60617
Chicago, IL 60617
Description
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!
Details
| MLS # | 12720583 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1891 |
| Days On Site | 30 |
| Listing Provided By | Ruiz Realty, Inc. | Miguel Sanchez |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 4 |
| Garage | 2 |
| Basement | Y |
Interior
| Rooms Total | 17 |
|---|---|
| Heating | Natural Gas, Forced Air, Space Heater, Sep Heating Systems - 2+, Indv Controls |
Exterior
| Roof | Asphalt |
|---|---|
| Construction Materials | Frame, Other |
Parking
| Parking Features | Yes, Detached, Garage |
|---|---|
| Garage Spaces | 2 |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Gated |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 2953.2 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60617 |
| Area | CHI South Chicago |
| School District | Bowen High School |
| Elementary School | Mireles Elementary School Academ |
| High School | Bowen High School |
| Listing VS Median (in 60617) | |
Price: $380,000 low | high Med: $216,500 On site: 30 low | high Med: 40 | |
Market Activity 60617
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60617 |
| Area | CHI South Chicago |
| School District | Bowen High School |
| Elementary School | Mireles Elementary School Academ |
| High School | Bowen High School |
| Listing VS Median (in 60617) | |
Price: $380,000 low | high Med: $216,500 On site: 30 low | high Med: 40 | |
