2453 Marquette Road

    Chicago, IL 60629
    • $550,000
    • STATUS: Active
    • ON SITE: 171 days
    • MLS #: 10036059
    UPDATED: 28 min ago
    $550,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,200
      SQFT
    • $76
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1927
    County:

    School Ratings & Info

    Description

    LARGE STUDIOS AND 1-BEDROOM UNITS & RECENTLY UPDATED TWO-UNIT. TENANT PAY ELECTRIC. ON SITE LAUNDRY. COMMON AREA HAS BEEN UPDATED, WELL MAINTAINED PROPERTY, 100% LEASE. RENTS CAN BE INCREASED. IMPROVED FINANCIALS. Last two years profits reinvested into property. Must tour to appreciate. SECOND YEAR CAP JUMPS TO 9.8% BY BRINGING BELOW MARKET RENTS INLINE WITH AREA. Offering Memorandum under "Additional Information."

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Property Consultants Realty. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Property Consultants Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2019-01-19T16:50:41.27.

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    www.propertyconsultants.com/homes/86117469

    2453 Marquette Road Chicago, IL 60629

    • Price: $550,000
    • Status: Active
    • Updated: 28 min ago
    • MLS #: 10036059
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    7,200
    SQFT
    $76
    $/SQFT
    1927
    Built
    Neighborhood:
    Chi - Chicago Lawn
    County:
    Cook
    Area:
    Chi - Chicago Lawn
    Property Description
    LARGE STUDIOS AND 1-BEDROOM UNITS & RECENTLY UPDATED TWO-UNIT. TENANT PAY ELECTRIC. ON SITE LAUNDRY. COMMON AREA HAS BEEN UPDATED, WELL MAINTAINED PROPERTY, 100% LEASE. RENTS CAN BE INCREASED. IMPROVED FINANCIALS. Last two years profits reinvested into property. Must tour to appreciate. SECOND YEAR CAP JUMPS TO 9.8% BY BRINGING BELOW MARKET RENTS INLINE WITH AREA. Offering Memorandum under "Additional Information."
    Exterior Features

    Construction Brick Foundation Concrete Lot Dimensions 60X150 Lot Sq Ft 9000 Number Of Parking Spaces 2 Roof Coverings Rubber Roof Structure Flat

    Interior Features

    Basement Description Partially Finished Indoor Parking 1-5 Spaces Miscellaneous Inside Common Lunchroom/S Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Type7 0 Number Of Bedrooms Unit1 0 Number Of Bedrooms Unit2 1 Number Of Bedrooms Unit3 2 Number Of Bedrooms Unit4 0 Number Of Dryers 1 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Full Bathrooms Type3 1 Number Of Ranges 13 Number Of Refrigs 13 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 3 Number Of Rooms Unit2 4 Number Of Rooms Unit3 5 Number Of Rooms Unit7 0 Number Of Stories 2 Number Of Units Apt Type1 8 Number Of Units Apt Type2 4 Number Of Units Apt Type3 1 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Number Of Washers 1 Repairs Decor Expense 3250

    Property Features

    Age Older Built Before1978 YN Yes Current Use Residential-Multi-Family Electric Expense Source Actual Electricity Expense 638 Expense Year 2017 Exterior Building Type Brick Fuel Expense 8155 Fuel Expense Source Actual Gross Rental Income Amount 10740 Heat Ventilation Gas Insurance Expense 6500 Insurance Expense Source Actual Janitor Expense 3100 Janitor Expense Source Actual Miscellaneous Outside Courtyard Monthly Income Max1 700 Monthly Income Max2 750 Monthly Income Max3 1000 Net Oper Income Amount 41762 Net Operating Income Year 2017 Other Expense Source Broker Projection Other Expenses 8617 Possession Closing Sale Terms Conventional Tax Year 2017 Taxes 9157 Tenant Pays Electric Total Annual Exp 49528 Total Annual Expense Source Combination Total Annual Income 91290 Total Monthly Income 8950 Township Lake Type Multi Family Other Water Expense 9240 Water Expense Source Actual Zoning Type Multi

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of @Properties Commercial.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Property Consultants Realty. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Property Consultants Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2019-01-19T16:50:41.27.

    Digital Millennium Copyright Act
     
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    2200 N Damen Ave.
    Chicago IL, 60647