Seller's Agent in 2025
Maria Ivette Hollendoner
Keller Williams Preferred Realty
(312) 505-9611
4 in this area
169 Total Sales
2423 W Marquette Rd Chicago, IL 60629
Marquette Park Neighborhood
--
Bed
--
Bath
1,800
Sq Ft
1929
Built
About This Home
As of January 2025Attention 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!
Last Agent to Sell the Property
Keller Williams Preferred Realty License #475125562 Listed on: 11/29/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,148
Year Built
- Built in 1929
Home Design
- Flat Roof Shape
- Brick Exterior Construction
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Gas
Additional Features
- 3-Story Property
- Lot Dimensions are 50x125
- Unfinished Basement
Listing and Financial Details
- Tenant pays for varies by tenant
Community Details
Overview
- 14 Units
Building Details
- Electric Expense $2,000
- Fuel Expense $2,900
- Insurance Expense $6,400
- Maintenance Expense $20,000
- Trash Expense $4,000
- Water Sewer Expense $11,230
- Operating Expense $59,920
- Gross Income $140,880
- Net Operating Income $80,960
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/09/2025 01/09/25 | Sold | $899,900 | 0.0% | $500 / Sq Ft | |
| 12/11/2024 12/11/24 | Pending | -- | -- | -- | |
| 11/29/2024 11/29/24 | For Sale | $899,900 | +547.4% | $500 / Sq Ft | |
| 02/25/2016 02/25/16 | Sold | $139,000 | 0.0% | -- | View Prior Sale |
| 02/01/2016 02/01/16 | Pending | -- | -- | -- | |
| 01/26/2016 01/26/16 | For Sale | $139,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Maria Ivette Hollendoner
-
Frank Lardino
Seller Co-Listing Agent in 2025
Frank Lardino
Keller Williams Preferred Realty
(630) 774-0647
4 in this area
161 Total Sales
-
Klaudia Wheadon
K
Buyer's Agent in 2025
Klaudia Wheadon
Pro 1 Realty R & C Corp.
(708) 269-2926
4 in this area
27 Total Sales
-
S
Seller's Agent in 2016
Snezhina (Anna) Granat
Granat Realty Inc.
-
J
Buyer's Agent in 2016
Juan Rivera
ARNI Realty Incorporated
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12218305
APN: 19244050010000
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