139 W Marquette Road, Chicago-Greater Grand Crossing, IL 60621 | 11635577 | Berkshire Hathaway HomeServices Chicago

139 W Marquette Road $629,000


    139 W Marquette Road Chicago-Greater Grand Crossing, IL 60621

    • Commercial
    • MLS# 11635577
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    Views: 6 Days On Site: 133

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    Property Details

    Unique opportunity to acquire cash flowing asset that realizes 10% cap rate with offered chance to use existing managing company. Full occupancy! Long-term tenants. Desired 6 units steel structure brick building with four 3b/1ba and two 2b/1ba apartments! Totally gut-rehabbed in 2020. Hardwood floors throughout, spacious rooms, new windows, updated kitchens, and baths. Separate heat for every unit. Updated electric, plumbing, and threaded and sealed rear porch system. Everything is up to the new code. Exterior safety camera. Free washer and dryer in the basement. Parking in the rear is included in the rent. Excellent location is next to expressway I-94 highway, Red Line train station, and shopping!

    • General Features
      • Additional Parcels Y/N No
      • Area CHI - Greater Grand Crossing
      • County Or Parish Cook
      • Electric Expense 2750
      • Fuel Expense 3187
      • Gross Income 89580
      • Gross Scheduled Income 87405
      • Net Operating Income 63008
      • Number Of Units Total 6
      • Operating Expense 26571
      • Operating Expense1 395
      • Tax Annual Amount 5664.35
      • Tax Year 2020
      • Year Built 1890
    • Building Features
      • Construction Materials Steel Siding
      • Electric Separate Meters
      • Stories 3
    • Property Features
      • Lot Size Dimensions 44' X 131'
      • Parcel Number 20214020130000
      • Parking Total 4



    60621 (Chicago-Greater Grand Crossing) Demographics

    37 Median Age
    7,171 Population Density (per sq. mile)
    16% College Educated
    $23,019 Estimated Median Income
    2,506 Estimated Total Home Owners
    8,240 Estimated Total Renters
    23% / 77% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    26,736 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $64,000 Median Sales Price
    6 Homes Sold
    9 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $629,000
        10/27/2022 6:47:18 AM Status Changed Source: Multiple Listing Service New Value: Contingent
        9/28/2022 12:17:55 AM Status Changed Source: Multiple Listing Service New Value: Active
        9/22/2022 10:18:00 AM New in Database Source: Multiple Listing Service New Value: $629,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.