712 W Marquette Rd, Chicago, IL
5 bd · 2 ba · 0 sqft Multi-Family listed at $189,900, built in 1908 in the Englewood neighborhood.
About this home
Discover a remarkable brick two-unit property with an outstanding investment opportunity and a potential living space for your family, friends, or tenants to enhance your monthly cash flow. With carefully planned renovations, this hidden gem has significant potential for appreciation in value. The property currently features long-term tenants benefiting from significantly below-market rents and are on month-to-month leases, offering a unique chance for savvy investors. This property is being sold "As-Is," providing a blank canvas for your vision. It is nestled in a vibrant and gentrifying neighborhood.
Property details
- Price
- $189,900
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- 1908
- Lot size
- 3,920 sqft
- Type
- Multi-Family
- Days on market
- 188
- Est. property tax
- $3,950/yr · $329/mo · 2.08% IL avg
Estimated monthly payment
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Location
This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.
About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)
Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.
Home Intelligence
Neighborhood (zip 60621)
This neighborhood is primarily renter-occupied (25% owner-occupied). Median age is 37.4; 11% hold a bachelor's degree; median household income is $30,163.
- Median income
- $30,163
- Median age
- 37.4
- Owner-occupied
- 25.4%
- Bachelor's degree
- 10.7%
- Census median home value
- $125,100
Source: US Census Bureau American Community Survey 5-year estimates.
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