722 West Marquette Road
722 West Marquette Road
$175,000
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3
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Open: 5/4 03:00PM - 04:00PM
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...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.
- Listed by Michael Applegate • Straight-A Realty, LLC
- Listed by D'Andre Daye • Straight-A Realty, LLC
Property Details for 722 West Marquette Road
Area
CHI - Englewood
TownshipHyde Park
OwnershipFee Simple
Num Of Garage Spaces2.0
Num Of Parking Spaces2.0
Parking Included in PriceYes
Heat/FuelNatural Gas
Open Houses
Saturday, May 4th
3:00 PM - 4:00 PM
Location
LISTING UPDATED: 05/01/2024 08:35 AM
Property Details for 722 West Marquette Road
Status | Re - Activated |
---|---|
MLS # | 11984449 |
Days on Market | 70 |
Taxes | $640 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 2 Flat |
Year Built | 1890 |
Lot Size | 0.03 AC / 1,272 SF |
County | Cook County |
Location
Building Information for 722 West Marquette Road
Stories-Residences2Year Built1890Building Size-Lot Size0.03 AC / 1,272 SF
Payment Calculator
$1,008 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 722 West Marquette Road
Property History for 722 West Marquette Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 722 West Marquette Road
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Mays Elementary Academy PublicPK to 8 | ||
MAGIC JOHNSON-NTH LAWNDALE HS Public9 to 12 | ||
Kershaw Elementary School PublicPK to 8 | ||
Robeson 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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