Chicago Lawn 12-Unit

Highlights:

• Projected Sec. 8 Voucher Rents Between $1,350-$1,650
• Value-add Opportunity
• 12 Units
• Garage Parking
• Large Corner Brick Building

Description:

Prime value-add investment opportunity in this brick three-story walk-up that has been completely gutted and is ready for a full-scale renovation, giving new ownership the flexibility to reconfigure floor plans and deliver modern, efficient units that meet today’s renter demand. Priced attractively at just $20,830 per unit.
Situated on a prominent corner lot, the building is ideally positioned to capture strong rental demand in the area, with estimated Section 8 voucher rents for 1-bedroom units ranging from $1,350 to $1,650 per month. Planned renovations will include a new roof, plumbing, electric, and all other major systems, providing peace of mind and minimizing future capital expenditures. With ample room to add value and maximize cash flow, this is a rare chance to acquire a solid brick building at a compelling basis and achieve exceptional returns.

1836 W Marquette is situated at the corner of Marquette Road and Hoyne Avenue in Chicago’s vibrant Chicago Lawn/West Englewood neighborhood. This well-positioned multifamily property benefits from a strong residential community with a blend of longstanding residents and new investment activity driving continued neighborhood growth.

Residents enjoy excellent convenience with shopping, restaurants, and grocery stores all within easy reach, offering day-to-day essentials and dining options close to home. The property is just one block away from William Rainey Harper High School, providing added appeal for families and tenants with school-aged children. With its accessible location and neighborhood amenities, 1836 W Marquette offers a compelling opportunity for residents seeking community connectivity and urban convenience.

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