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820 E Marquette Rd - 12-Unit Multi-Family In Woodlawn
$1,300,000
820 E Marquette Rd - 12-Unit Multi-Family In Woodlawn, Chicago, IL 60637
15,000 sqft
Building Size
0.1409 acres
Lot Area
Details:
Description:
33 Realty is pleased to present for sale 816-822 E Marquette Road, a 12-Unit multi-family
investment opportunity.
The property features substantial recent upgrades such as hot water (2020), roof (2021),
lintels and masonry (2024), porch repairs (2024), new exterior emergency lighting (2024).
The building's units are spacious and feature split bedrooms, front porch, back porch, and
boiler heat.
A new investor benefits from the opportunity to bring rents to market with interior cosmetic
improvements, increasing the in-place cap rate from 8.67% to 13.19%.
Given its location in central Woodlawn, this is an extremely attractive multi-family investment
opportunity with significant long-term opportunity for value and rental appreciation.
123
Location
