8620 South Marquette Avenue, CHICAGO

$140,000

8 Beds
0 Baths
0 Sqft
.1 Acres
2 Garages

Fantastic investment opportunity near South Shore! This 4 unit building features 4 separate 2 bed / 1 bath units. One recent vacancy is in the process of getting made move in ready for the next tenant/owner. Tenants pay electric and gas. Huge opportunity with approximate monthly cash flow of $550 after debt services. There is a property management company in place. Estimated cap rate of 10.97% with a cash on cash return of 31.52%! Sold as-is.

Essential Information
MLS® #10097282
Price$140,000
Bedrooms8
Bathrooms0.00
Acres0.10
Year Built1913
TypeResidential
Sub-TypeTwo to Four Units
StatusContingent
Community Information
Address8620 South Marquette Avenue
AreaCHI - South Chicago
CityCHICAGO
CountyCook
StateIL
Zip Code60617
Amenities
Parking Spaces2
# of Garages2
Interior
HeatingGas, Forced Air
Has BasementYes
BasementUnfinished
Exterior
ExteriorVinyl Siding
Additional Information
ZoningMULTI
Listing Details
OfficeHomeriver Illinois LLC
Property History
Status Changed from Active to Contingent
Status Changed from New to Active
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Listing information last updated on July 19th, 2019 at 5:36pm CDT.

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