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$185,000
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Property Description
Explore the immense potential of this expansive Englewood brick two-unit property, which sits vacant and ready for your vision. A virtual tour and rendered photos are included to better assist with visualizing the property's layout and rehab potential! Offering 3,186 square feet of finished living space across duplexed units, this property presents an incredible opportunity. The first-floor unit includes 3 bedrooms and 2 full bathrooms, duplexing into a finished basement with room for additional bedrooms. The second-floor apartment boasts 4 bedrooms and 1 bathroom, duplexing up into a finished attic. While some TLC is needed, the equity upside is substantial, with renovated similar properties selling for an average of $386,000 within a half-mile radius in the past 6 months, presenting over $200,000 of available equity upside. The rental income upside provides a great opportunity for an owner-occupied buyer to live in one unit while the tenant in the other unit covers the lion's share of the mortgage and building expenses. With rental income potential of up to $1,800 for a 4-bedroom unit and $1,600 for a 3-bedroom unit, this property is an excellent investment opportunity. Plus, enjoy the convenience of a 2-car garage. Don't miss your chance to explore the possibilities and schedule a showing today! *PROPERTY IS BEING SOLD "AS-IS" Owner is a licensed IL real estate agent.
Full Property Details
Full Property Details for 722 W Marquette Rd
General
- Sold For: $185,000
- Taxes: $640 (2022)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 11984449
- Added to Site: 303 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 7
Exterior
- Exterior Features: Porch
Parking
- Garage: Yes
- Garage Ownership: Owned
- Garage Spaces: 2
- Total Spaces: 2
- Parking Type: Garage
Location
- Area: CHI - Englewood
- County: Cook
- Driving Directions: Drive west on Marquette Road (67th) toward Halsted, the property is located right before you reach Halsted.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Exterior Const.: Brick
- Basement Desc.: Full, Walk-Out
- Roof: Asphalt
- Year Built: 1890
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 10 x 127.2
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1890
- Tax Amount: $640
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20211240230000
Listed by Straight-A Realty, LLC
Sold by Straight-A Realty, LLC
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Schools
Schools serving 722 W Marquette Rd
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
6656 S Normal Blvd, Chicago, IL 60621 | PK-8 | 0.3 mi | |
Englewood Stem High School
6835 S Normal Blvd, Chicago, IL 60621 | 9-12 | 0.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 722 W Marquette Rd
Date
Details
Price
Change
Source
8/09/2024
Sold
$185,000
8.82%
MLS
5/08/2024
Price Reduced
$170,000
-2.86%
MLS
2/21/2024
Listed
$175,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
722 W Marquette Road, Chicago, IL 60621 (MLS# 11984449) is a Multi-Family property that was sold at $185,000 on August 09, 2024. Want to learn more about 722 W Marquette Road? Do you have questions about finding other Multi-Family real estate for sale in Englewood? You can browse all Englewood real estate or contact a Coldwell Banker agent to request more information.