Sold
Last Sold Price
8 beds
2248 W Marquette Rd, Chicago, IL 60636
Multi FamilyProperty Type
0.08 acresLot Size
1924Year Built

Description

Turnkey 6 Unit ready to rent and generate income. Property consists of 4 x 1Bed Apts and 2 x 2Bed apts. All utilities on tenant. Each apt has their own furnace and water heater. Landlord only pays common area electric and water. Many recent updates. New electric service, New Water Heaters. New back porch and stairs. New Gutters. Newer windows. Units are clean and updated. Ready to rent. Corner property in quiet residential area mostly surrounded by Single Family Homes. Newly built 3-car garage for...Turnkey 6 Unit ready to rent and generate income. Property consists of 4 x 1Bed Apts and 2 x 2Bed apts. All utilities on tenant. Each apt has their own furnace and water heater. Landlord only pays common area electric and water. Many recent updates. New electric service, New Water Heaters. New back porch and stairs. New Gutters. Newer windows. Units are clean and updated. Ready to rent. Corner property in quiet residential area mostly surrounded by Single Family Homes. Newly built 3-car garage for additional income. Close to I94 and good bus service on Western. Up to $5500 monthly rental income possible.
  • Listed by: Ronan McBrien 847.344.0065 RonanMcBrien@emeraldreil.com • Second City Real Estate
Listing closed: 08/25/2022 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11361481

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Recent comparable sales

Median sold price

$390,000

Avg days on market

21

Sale-to-list ratio

100.7%

Chicago, IL

9 comparable properties found

$600,000 | 6607 South Rockwell Street, Chicago, IL 60629
1/25
1

$600,000

Sold 11/27/24

8
Bedrooms
Unavailable
Square Feet
0.17
Acres
front view of a house
1/19
2

$195,000

Sold 10/28/24

8
Bedrooms
Unavailable
Square Feet
0.14
Acres
a front view of a house with a garden
1/12
3

$390,000

Sold 07/29/26

8
Bedrooms
Unavailable
Square Feet
0.07
Acres
$445,000 | 4742 South Honore Street, Chicago, IL 60609
1/8
4

$445,000

Sold 05/23/25

9
Bedrooms
Unavailable
Square Feet
0.07
Acres
5

$308,500

Sold 06/01/26

8
Bedrooms
6
Bathrooms
5,080
Square Feet
0.37
Acres
a view of a building with a outdoor space
1/27
6

$290,000

Sold 04/24/26

8
Bedrooms
Unavailable
Square Feet
0.07
Acres
a view of a brick house with a yard and plants
1/18
7

$410,000

Sold 12/30/25

8
Bedrooms
4,485
Square Feet
0.07
Acres
front view of a building
1/30
8

$365,000

Sold 01/17/25

9
Bedrooms
Unavailable
Square Feet
0.15
Acres
a front view of a house
1/21
9

$415,000

Sold 07/25/25

8
Bedrooms
Unavailable
Square Feet
0.07
Acres

Location

Listing Courtesy of Second City Real Estate
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Property Information for 2248 West Marquette Road

Property Details
  • Taxes: $6,247 / year
  • MLS Type: Multi Family 5+ / Multi Family 5+-Other
  • County: Cook County
  • Area: CHI - Chicago Lawn
  • Township: Lake
Building Information
  • Stories: 2
  • Residences: 6
  • Year Built: 1924
  • Lot Size: 0.08 AC / 3,615 SF
General Information
Location and General Information
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Electric: Circuit Breakers, Separate Meters
  • Heat/Ventilation: Forced Air,Gas,Individual Furnaces
  • Num of Baths: 6.0
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Other
  • Lot Dimensions: 0.083
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • MRD_UNC: Yes
Property and Assessments
  • Possible Use: Multi-Family
  • Public Document Count: 0
  • Photos Count: 11
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: $1,200.00
  • Fuel Expense: $.00
  • Gross Income: $63,600.00
  • Gross Scheduled Income: $63,600.00
  • Insurance Expense: $5,000.00
  • Maintenance Expense: $1,000.00
  • Janitor Expense: 1200
  • Total Monthly Income: 5300
  • Net Operating Income: $53,488.00
  • Operating Expense: $10,112.00
  • Other Expense: $.00
  • Trash Expense: $936.00
  • Water Sewer Expense: $2,500.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 4
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • 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 2248 West Marquette Road

DateEvent & SourcePriceAppreciation
Aug 25, 2022

Sold

MRED #11361481

$335,000—
Aug 17, 2022

Sold (Public Record)

Public Record #1497620103

$335,000—
Jul 31, 2022

Expired

MRED #11361481

—
DateEvent & SourcePrice
08/25/2022

Sold

MRED #11361481

$335,000
08/17/2022

Sold (Public Record)

Public Record #1497620103

$335,000
07/31/2022

Expired

MRED #11361481

—

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

Public Records for 2248 West Marquette Road

Taxable ValueLand$2,908Additions$41,392Total$44,300
Tax Record2024$6,731 ($561 / month)
Home Facts
Total Finished SqFt4,876 SqFtAbove Grade Finished SqFt4,876 SqFtStories2Lot Size3,635 SqFtStyleMulti-Family Res (5+ Units)Year Built1923Year Renovated1924ZoningRS-3CountyCOOKAPN20-19-125-035-0000

Schools near 2248 West Marquette Road

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Marquette Elementary School
PublicPK to 8

Claremont Academy Elementary School
PublicPK to 8

Gage Park High School
Public9 to 12

Catalyst Maria Charter School
CharterK 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Second City Real Estate

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 09/17/2025 12:29 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.