8757 S Marquette Ave Chicago, IL 60617
South Chicago NeighborhoodEstimated payment $2,317/month
Highlights
- Gated Community
- Enclosed Patio or Porch
- Senior Tax Exemptions
- 2 Car Detached Garage
- Two Heating Systems
About This Home
Excellent investment opportunity in the heart of South Chicago! This solid 3-unit building offers strong income potential and long-term value for both seasoned investors and owner-occupants. First floor front unit offers 1 bedroom and 1 bath. First floor rear unit offers 3 bedrooms and 1 bath. While the second floor unit offers 5 bedrooms 1 and half bathrooms, living room and 2 dining rooms, or 2 living rooms and 1 dining room, your choice with the spacious layout with bright living areas. The property provides a versatile setup-live in one unit while renting out the others, or maximize cash flow by leasing all three. The building sits on a quiet, residential block and includes a large backyard space perfect for outdoor enjoyment as the property sits on 3 lots, along with convenient parking options. With separate utilities and well-proportioned units, this property is ideal for easy management and consistent rental income. The roof was done in 2018 and water heaters replaced in the last 3-5 years. Located near schools, parks, shopping, and public transportation, tenants will appreciate the accessibility and neighborhood feel. Easy access to major roadways makes commuting a breeze. In addition to the proximity of only 5 minute drive to QUANTUM SHORE which is a project that is expected to bring thousands of jobs the next decade. Whether you're looking to expand your portfolio or secure a multi-unit property with great upside, this is a fantastic opportunity you won't want to miss!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,953
Year Built
- Built in 1891
Lot Details
- Lot Dimensions are 75 x 138.6
- Additional Parcels
Parking
- 2 Car Detached Garage
- Parking Available
Home Design
- Frame Construction
- Asphalt Roof
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 4 Bathrooms
Schools
- Mireles Elementary School Academ
- Bowen High School
Utilities
- Two Heating Systems
- Forced Air Heating System
- Space Heater
- Heating System Uses Natural Gas
- Individual Controls for Heating
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Enclosed Patio or Porch
Community Details
- 3 Units
- Gated Community
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $113 | $15,200 | $2,606 | $12,594 |
| 2024 | $113 | $15,200 | $2,606 | $12,594 |
| 2023 | $71 | $6,500 | $3,475 | $3,025 |
| 2022 | $71 | $6,500 | $3,475 | $3,025 |
| 2021 | $1,811 | $6,500 | $3,475 | $3,025 |
| 2020 | $1,811 | $11,210 | $3,475 | $7,735 |
| 2019 | $1,905 | $12,886 | $3,475 | $9,411 |
| 2018 | $1,872 | $12,886 | $3,475 | $9,411 |
| 2017 | $3,028 | $17,410 | $3,127 | $14,283 |
| 2016 | $2,994 | $17,410 | $3,127 | $14,283 |
| 2015 | $2,716 | $17,410 | $3,127 | $14,283 |
| 2014 | $2,437 | $15,668 | $2,432 | $13,236 |
| 2013 | $2,377 | $15,668 | $2,432 | $13,236 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/31/2026 07/31/26 | For Sale | $380,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12720583
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Ask me questions while you tour the home.