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Susan Dickman

Broker

  • Office 773-627-8176
  • Cell 773-627-8176
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8620 South Marquette Avenue, CHICAGO, IL – $140,000

  • $140k Price
  • 8 Beds
  • .1 Acres
  • $140k Price
  • 8 Beds
  • .1 Acres

8620 South Marquette Avenue

Fantastic investment opportunity near South Shore! This 4 unit building features 4 separate 2 bed / 1 bath units. One recent vacancy is in the process of getting made move in ready for the next tenant/owner. Tenants pay electric and gas. Huge opportunity with approximate monthly cash flow of $550 after debt services. There is a property management company in place. Estimated cap rate of 10.97% with a cash on cash return of 31.52%! Sold as-is.

Essential Information

  • MLS® #10097282
  • Price$140,000
  • Bedrooms8
  • Bathrooms0.00
  • Acres0.10
  • Year Built1913
  • TypeResidential
  • Sub-TypeTwo to Four Units
  • StatusContingent

Community Information

  • Address8620 South Marquette Avenue
  • AreaCHI - South Chicago
  • CityCHICAGO
  • CountyCook
  • StateIL
  • Zip Code60617

Amenities

  • Parking Spaces2
  • # of Garages2

Interior

  • HeatingGas, Forced Air
  • Has BasementYes
  • BasementUnfinished

Exterior

  • ExteriorVinyl Siding

Additional Information

  • ZoningMULTI

Listing Details

  • OfficeHomeriver Illinois LLC
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Price Change History for 8620 South Marquette Avenue, CHICAGO, IL (MLS® #10097282)

Date Details Change
Status Changed from Active to Contingent
Status Changed from New to Active

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Berkshire Hathaway HomeServices KoenigRubloff Realty Group are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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 deemed reliable but not guaranteed.

Listing information last updated on July 23rd, 2019 at 12:05am CDT.