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139 W Marquette Road

Chicago, IL 60621
  • $629,000
  • STATUS: Active Under Contract
  • ON SITE: 77 Days
  • MLS #: 11635577
Under Contract
UPDATED: 227 min ago
$629,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1890
County:

School Ratings & Info

Description

Unique opportunity to acquire cash flowing asset that realizes 10% cap rate with offered chance to use existing managing company. Full occupancy! Long-term tenants. Desired 6 units steel structure brick building with four 3b/1ba and two 2b/1ba apartments! Totally gut-rehabbed in 2020. Hardwood floors throughout, spacious rooms, new windows, updated kitchens, and baths. Separate heat for every unit. Updated electric, plumbing, and threaded and sealed rear porch system. Everything is up to the new code. Exterior safety camera. Free washer and dryer in the basement. Parking in the rear is included in the rent. Excellent location is next to expressway I-94 highway, Red Line train station, and shopping!

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2022-12-08T23:57:57.51 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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139 W Marquette Road Chicago, IL 60621

  • Price: $629,000
  • Status: Active Under Contract
  • On Site: 77 Days
  • Updated: 227 min ago
  • MLS #: 11635577
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1890
Built
Neighborhood:
Chi - Greater Grand Crossing
County:
Cook
Area:
Chi - Greater Grand Crossing
Property Description
Unique opportunity to acquire cash flowing asset that realizes 10% cap rate with offered chance to use existing managing company. Full occupancy! Long-term tenants. Desired 6 units steel structure brick building with four 3b/1ba and two 2b/1ba apartments! Totally gut-rehabbed in 2020. Hardwood floors throughout, spacious rooms, new windows, updated kitchens, and baths. Separate heat for every unit. Updated electric, plumbing, and threaded and sealed rear porch system. Everything is up to the new code. Exterior safety camera. Free washer and dryer in the basement. Parking in the rear is included in the rent. Excellent location is next to expressway I-94 highway, Red Line train station, and shopping!
Exterior Features

Exterior Building Type Brick Outdoor Parking 1-5 Spaces Parking Total 4 Roof Structure Flat

Interior Features

Heat Ventilation Individual Furnaces Miscellaneous Inside Laundry Room

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Current Use Multi-Family Electric Separate Meters Gross Income 89580 Gross Scheduled Income 87405 Insurance Expense 3691 Maintenance Expense 1975 Mls Actual Status Contingent Net Operating Income 63008 Operating Expense 23943 Tax Annual Amount 5664.35 Tax Year 2020 Tenant Pays ElectricityHeat Total Monthly Income 7465 Type Multi Family 5+

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Barr Agency, Inc: 847-563-7070.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2022-12-08T23:57:57.51 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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