2501 Marquette Road

    Chicago, IL 60629
    • $625,000
    • STATUS: Active
    • ON SITE: 17 days
    • MLS #: 10399780
    $625,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,781
      SQFT
    • $64
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1926
    County:

    School Ratings & Info

    Description

    The Subject property is masonry, corner, 12-unit walk-up building located in the Marquette Park neighborhood on Chicago's southwest side. There are two small, attached garage structures which are rented to tenants for additional income. There is a rear courtyard area which contains a combination of grass and sidewalk, and three iron porch systems. There are there basement areas which are accessed via the rear courtyard. The basement areas house the hot water heaters, furnace units for the first floor units, gas and electric meters, as well as storage. The unit mix is as follows: 6 Studio Units (1 bathroom) & 6 One bedroom/One bathroom Units. Each unit has an individual gas, forced air furnace heating system. Each unit has an individual hot water tank (40-gallon). The property was acquired by ownership as part of a 6-building portfolio in December-2018.

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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 MTP, MRED or Baz Realty Network | Keller Williams Elite. Based on information submitted to the MRED as of 2019-06-17T23:52:03.537 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. 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.

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    2501 Marquette Road Chicago, IL 60629

    • Price: $625,000
    • Status: Active
    • MLS #: 10399780
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    9,781
    SQFT
    $64
    $/SQFT
    1926
    Built
    Neighborhood:
    Chi - Chicago Lawn
    County:
    Cook
    Area:
    Chi - Chicago Lawn
    Property Description
    The Subject property is masonry, corner, 12-unit walk-up building located in the Marquette Park neighborhood on Chicago's southwest side. There are two small, attached garage structures which are rented to tenants for additional income. There is a rear courtyard area which contains a combination of grass and sidewalk, and three iron porch systems. There are there basement areas which are accessed via the rear courtyard. The basement areas house the hot water heaters, furnace units for the first floor units, gas and electric meters, as well as storage. The unit mix is as follows: 6 Studio Units (1 bathroom) & 6 One bedroom/One bathroom Units. Each unit has an individual gas, forced air furnace heating system. Each unit has an individual hot water tank (40-gallon). The property was acquired by ownership as part of a 6-building portfolio in December-2018.
    Exterior Features

    Construction Brick Lot Dimensions 155X55 Lot Sq Ft 8505 Number Of Parking Spaces 0

    Interior Features

    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 0 Number Of Bedrooms Unit4 0 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 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 0 Number Of Rooms Unit7 0 Number Of Stories 2 Number Of Units Apt Type1 6 Number Of Units Apt Type2 6 Number Of Units Apt Type3 0 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Repairs Decor Expense 3000

    Property Features

    Age Older Built Before1978 YN Yes Electricity Expense 1200 Exterior Building Type Brick Fuel Expense 2000 Gross Rental Income Amount 79140 Heat Ventilation Central Bldg Heat Insurance Expense 4200 Janitor Expense 0 Monthly Income Max1 525 Monthly Income Max2 650 Net Oper Income Amount 47925 Net Operating Income Year 2018 Other Expenses 4150 Tax Year 2018 Taxes 8858 Tenant Pays ElectricHeat Total Annual Exp 33215 Total Annual Income 79140 Total Monthly Income 6595 Type Multi Family Corridor-Interior EntranceFlats Water Expense 4200

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Atlas Asset Management Realty Llc.


    © 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 MTP, MRED or Baz Realty Network | Keller Williams Elite. Based on information submitted to the MRED as of 2019-06-17T23:52:03.537 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. 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.

    Digital Millennium Copyright Act
     
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    Oak Lawn IL, 60453