8838 S MARQUETTE Avenue
Chicago, IL 60617

Status: Sold
Multi Family
6 beds
0 baths
0 sq.ft
Listing Price: $105,000

About this home

Fantastic 2-Flat has been recently rehabbed and producing great income! Well maintained and located on great block within walking distance to Bessemer Park, grocery stores, schools, CTA, dining, shopping and more. Both units each boast 3 good-sized bedrooms, 1 full bathroom, spacious living room with charming bay window, updated kitchen with eat-in space and custom tile backsplash. Full unfinished basement has in-unit laundry. Backyard is partially fenced with parking pad and nice green space! Investment or future owner occupant potential! Not currently rented, prior tenants paid $1, 300 a month for each unit. Gross operating income was $31, 200 annually. ---- Tenants pay gas, electric. Only owner expenses are water, taxes, and common area electricity usage. No FHA. Buyer to assume all city violations (link to list in broker private remarks) -- there is a removable injunction once violations are corrected and the property is reinspected by the city

Property details

Property / Lot Details
Acreage 0.08
Lot Dimensions 25 X 125
Lot Size Standard Chicago Lot
Model 2 FLAT
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1905
Exterior Building Type Frame
Parking None
Rehab Year 2016
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Park, Sidewalks, Street Lights, Street Paved
Area Major CHI - South Chicago
Zoning Type MULTI
Corporate Limits Chicago
Directions South Chicago Ave To 89Th~East to Marquette
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township Hyde Park
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 6
Bedrooms Possible 6
Baths Count 2
Full Baths in Building Count 2
Total Rooms 10
Units
unit 1
Beds Total 3
Baths Total 1
Appliances And Features Stove, Refrigerator, Washer, Dryer
Full Baths Total 1
Lease Expiration Date N/A
Rooms Total 5
Tenant Pays Electric,Gas
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date N/A
Rooms Total 5
Tenant Pays Electric,Gas
Floor Number 2

Financials

Financing Cash
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 26061130210000
Special Assessments N
Taxes $1,814
Tax Exemptions None
Tax Year 2021
$105,000 Listing Price:
MLS # 11916990
Investment Profile Residential Income
Listing Market Time 50 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking None
List Date 10/25/2023
Year Built 1905
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