8838 S Marquette Avenue, Chicago, Illinois 60617
- $90,000
- 6
- BD
- 2
- BA
- Sold Price
- $90,000
- List Price
- $105,000
- Closing Date
- Dec 14, 2023
- MLS#
- 11916990
- Status
- CLOSED
- Type
- Multifamily
- Subtype
- Residential Income
- Bedrooms
- 6
- Bathrooms
- 2
- County
- Cook
- City
- Chicago
- Neighborhood
- South Chicago
- Days On Market
- 23
Property Description
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
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Additional Information
- School District
- 299
- Corporate Limits
- Chicago
- Tax Year
- 2021
- Tax Amount
- $1,814
- Year Built
- 1905
- Lot Dimensions
- 25 X 125
- Lot Size Range
- Standard Chicago Lot
- Heating
- Natural Gas
- Sewer
- Public Sewer
- Basement
- Yes
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Listings courtesy of Midwest Real Estate Data as distributed by MLS Grid
Selling Office: Berger & Co. Realtors Ltd.
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