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2453 Marquette Road, CHICAGO, IL – $475,000

  • $475k Price
  • 7,200 Sqft
  • .2 Acres
  • $475k Price
  • 7,200 Sqft
  • .2 Acres

2453 Marquette Road

UNDER NEW MANAGEMENT, IMPROVED FINANCIALS & A $50K PRICE REDUCTION! Corner brick legal 13-unit apartment building located in the Chicago Lawn area of Chicago, Illinois. The property features on-site laundry, 2-car garage, huge gated back yard and entrance. Boiler heat along with separate meters for cooking gas and electric. The unit mix of the building consists of eight (8) studio/1-bath units, four (4) 1-bedroom/1-bath units and one (1) 2-bedroom/1-bath unit. Many capital improvements have been completed including new rubber roof (2017), 1/3 of the apartments have been updated which included new appliances at the time plus a new rubber roof (2017), updated boiler, hot water heater/tank, porches up to code (2012) and updated electrical panels. New management is currently releasing building so easy to show with 24 hours notice. Please note: 8 units have been updated and rented. 5 still are in the process of being updated. Financials Reflect a fully updated and rented building (ProForma)

Essential Information

  • MLS® #10379104
  • Price$475,000
  • Square Footage7,200
  • Acres0.20
  • Year Built1927
  • TypeCommercial
  • Sub-TypeMulti Family 5+
  • StatusContingent

Community Information

  • Address2453 Marquette Road
  • AreaCHI - Chicago Lawn
  • CityCHICAGO
  • CountyCook
  • StateIL
  • Zip Code60629

Amenities

  • Parking Spaces2

Interior

  • HeatingGas
  • Has BasementYes
  • Stories2

Exterior

  • ExteriorBrick
  • RoofFlat
  • ConstructionBrick
  • FoundationConcrete

Additional Information

  • ZoningMULTI

Listing Details

  • Listing Office@properties Commercial
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Price Change History for 2453 Marquette Road, CHICAGO, IL (MLS® #10379104)

Date Details Change
Status Changed from Active to Contingent
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Reduced from $500,000 to $475,000 $25,000 (5.00%)
Status Changed from Price Change to Active
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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Coldwell Banker Residential Brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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 deemed reliable but not guaranteed.

Listing information last updated on August 19th, 2019 at 7:05am CDT.