$899,900
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2423 W Marquette Road Chicago, IL 60629
General Commercial
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Attention Investors! Don't miss this fully occupied, well-maintained 14-unit brick building in the sought-after Marquette Park area. With some rents currently below market, this property offers significant upside potential for increased income. The building underwent an almost copmplete rehab ...in 2016, including the installation of individual furnaces for each unit. Apartments have been updated on a rolling basis as they became vacant, ensuring they remain in excellent condition. Unit Breakdown: (1) Studio / 1 Bath (5) 1 Bedroom / 1 Bath (6) 2 Bedroom / 1 Bath (2) 3 Bedroom / 1 Bath Additional features include a spacious basement, already equipped with one bathroom, offering the opportunity to add more units and further maximize revenue. Some tenants have leases, while others are on a month-to-month basis, providing flexibility for future plans. The property offers a 2 car garage with potential for more income (currently used as storage by owner) This property is a prime investment opportunity with great rental income potential and room for growth!
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MLS#
12218305
Property Type
General Commercial
Year Built
1929
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