1534 E Marquette Rd

Chicago, IL 60637

$1,460,000
Price
18
Beds
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per Sq. Ft.
a front view of a house with a yard and potted plants
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a view of an entryway with wooden floor and windows
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a bathroom with a sink toilet and mirror
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a view of a room with wooden floor and natural light
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Description

An Investor's Dream: High-Quality Multifamily Asset in Woodlawn's Growth Corridor right along the Lakefront. This professionally managed and meticulously maintained multifamily property at 1534 E Marquette Road is a premier investment opportunity in Chicago's rapidly appreciating Woodlawn community. Positioned for both immediate cash flow and substantial long-term equity growth, this asset offers a strategic foothold in one of the city's most dynamic development zones. Solid Fundamentals, Unmatched...An Investor's Dream: High-Quality Multifamily Asset in Woodlawn's Growth Corridor right along the Lakefront. This professionally managed and meticulously maintained multifamily property at 1534 E Marquette Road is a premier investment opportunity in Chicago's rapidly appreciating Woodlawn community. Positioned for both immediate cash flow and substantial long-term equity growth, this asset offers a strategic foothold in one of the city's most dynamic development zones. Solid Fundamentals, Unmatched Upside Exceptional ROI: This building offers a solid return from day one. Rent growth in the market area is strong presenting an opportunity to value add. Built-in Value: The property's large (approximately 1600+sq ft units on the second and third floor and even larger duplex down units on the first floor, command premium rents and are highly attractive to quality tenants, reducing vacancy risk. Professional Ownership: Owned and managed by a builder/developer, this property has been maintained to a high standard, with consistent upgrades and professional oversight that ensures a smooth operation. Prime Location, Exponential Growth. The investment story of this property is driven by its irreplaceable location at the nexus of major public and private development. Obama Presidential Center: Located just four blocks from the OPC site, the property, and is residents, are poised to benefit directly from the economic and cultural revitalization that this landmark project is bringing to the area. Jackson Park Transformation: Situated only one block from the Jackson Park Golf Course, the property is a direct beneficiary of the multi-million dollar redesign of the course and the broader park system, enhancing local amenities and property values. Hyper-Proximate to Key Institutions: Within a mile, tenants have access to the University of Chicago, its world-class hospital, the lakefront trails, and the 63rd Street Beach, ensuring a deep pool of potential renters, including students, faculty, and medical professionals. New Construction Hotspot: Woodlawn has been a leader in new construction permits filed, confirming its status as a top-tier neighborhood for investment and development. This property is surrounded by new projects, signaling a strong and sustained trajectory of appreciation. This is a rare opportunity to acquire a high-quality, professionally managed income property with a clear path to significant future returns. A perfect addition to any investment portfolio, it is a stable asset in the middle of a major urban renaissance.
  1. Listed by Wayne Beals • Exit Strategy Realty / EMA Management
    P: (312)-772-3257 wayne@bealsproperties.com;wayne@bealsproperties.com
  2. Listed by Derek Walvoord • Exit Strategy Realty / EMA Management
    P: (312)-543-2481 derek@derekwalvoord.com;derek@derekwalvoord.com

Property Details for 1534 East Marquette Road

Area
CHI - Woodlawn
Air Conditioning Type
Central Air
Zoning
MULTI
LISTING UPDATED: 10/23/2025 09:11 PM

Property Details for 1534 East Marquette Road

StatusActive
MLS #12457767
Days on Market213
Taxes$9,648 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1907
Lot Size0.14 AC / 6,250 SF
CountyCook County

Location

Listing Courtesy of Exit Strategy Realty / EMA Management
Add your commute

Building Information for 1534 East Marquette Road

Stories3Residences6Year Built1907Building Size-Lot Size0.14 AC / 6,250 SF

Payment Calculator

$7,920 per month

30 year fixed, 6.15% Interest

Principal and Interest

$7,116

Property Taxes

$804

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1534 East Marquette Road

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Information: 24-Hr Notice Required,List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air,Gas,Individual Furnaces
  • Num of Baths: 12.0
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Size Source: County Records
  • Lot Dimensions: 50x125
  • Stories: 3
  • Construction: Brick
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 23
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $453.00
  • Fuel Expense: $453.00
  • Gross Income: $137,100.00
  • Gross Scheduled Income: $137,100.00
  • Insurance Expense: $5,760.00
  • Maintenance Expense: $8,429.00
  • Manager Expense: $5,700.00
  • Electric Expense Source: Broker Projection
  • Expense Year: 2024
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Broker Projection
  • Insurance Expense Source: Actual
  • Janitor Expense: 4148
  • Manager Expense Source: AC
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 11425
  • Water Expense Source: Actual
  • Net Operating Income: $106,110.00
  • Operating Expense: $30,990.00
  • Other Expense: $.00
  • Trash Expense: $2,531.00
  • Water Sewer Expense: $2,297.00
Unit 1
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 4
Unit 2
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 1534 East Marquette Road

DateEvent & SourcePriceAppreciation
Aug 28, 2025

Listed (Active)

MRED #12457767

$1,460,000—
Oct 7, 2014

Sold (Public Record)

Public Record #466369451

$482,000—
DateEvent & SourcePrice
08/28/2025

Listed (Active)

MRED #12457767

$1,460,000
10/07/2014

Sold (Public Record)

Public Record #466369451

$482,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1534 East Marquette Road

Taxable ValueLand$8,000Additions$31,141Total$39,141
Tax Record2023$8,288 ($691 / month)
Home Facts
Baths6Total Finished SqFt9,762 SqFtAbove Grade Finished SqFt9,762 SqFtStories3Lot Size6,400 SqFtStyleMulti-Family Res (5+ Units)Year Built1908CountyCOOKAPN20-23-221-023

Schools near 1534 East Marquette Road

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Wadsworth PreK-8th STEM School
Public - PK to 8
Hyde Park Academy High School
Public - 9 to 12
Jefferson Alt High School
Public - 6 to 12
York Alternative High School
Public - 9 to 12
Rating
School
Distance
Wadsworth PreK-8th STEM School
PublicPK to 8

Hyde Park Academy High School
Public9 to 12

Jefferson Alt High School
Public6 to 12

York Alternative High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1534 East Marquette Road, Chicago, IL 60637

1534 East Marquette Road is a multi-family home for sale in Chicago, IL 60637. This property was listed for sale on August 28, 2025 by Exit Strategy Realty / EMA Management, it's currently listed at $1,460,000. It has been on the market for a total of 213 days and was last sold on October 7, 2014. This listing's school district is Chicago Public Schools. Nearby schools include Wadsworth PreK-8th STEM School, Hyde Park Academy High School and Jefferson Alt High School. 1534 East Marquette Road is a 18-bed, 12-bath, multi-family home built in 1907.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Exit Strategy Realty / EMA Management

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/23/2025 09:11 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.