2453 Marquette Road, CHICAGO

$475,000

0 Beds
0 Baths
7,200 Sqft
.2 Acres
0 Garages

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
Office@properties Commercial
Property History
Status Changed from Active to Contingent
Status Changed from Price Change to Active
Status Changed from Active to Price ChangePrice Reduced from $500,000 to $475,000
Status Changed from Price Change to Active
Status Changed from Active to Price ChangePrice Reduced from $525,000 to $500,000
Show All History (6)
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Listing information last updated on August 23rd, 2019 at 7:20pm CDT.

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