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  • $185,000

    722 W Marquette Rd, Chicago, IL 60621

    7beds
    --sqft
    Multi Family
    Built in 1890
    -- sqft lot
    $194,700 Zestimate®
    $--/sqft
    $2,752 Estimated rent

    Home value

    $194,700

    $173,000 - $218,000

    $2,752/mo

    Zestimate® history
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    What's special

    Explore the immense potential of this expansive Englewood brick two-unit property, which sits vacant and ready for your vision. A virtual tour and rendered photos are included to better assist with visualizing the property's layout and rehab potential! Offering 3,186 square feet of finished living space across duplexed units, this property presents an incredible opportunity. The first-floor unit includes 3 bedrooms and 2 full bathrooms, duplexing into a finished basement with room for additional bedrooms. The second-floor apartment boasts 4 bedrooms and 1 bathroom, duplexing up into a finished attic. While some TLC is needed, the equity upside is substantial, with renovated similar properties selling for an average of $386,000 within a half-mile radius in the past 6 months, presenting over $200,000 of available equity upside. The rental income upside provides a great opportunity for an owner-occupied buyer to live in one unit while the tenant in the other unit covers the lion's share of the mortgage and building expenses. With rental income potential of up to $1,800 for a 4-bedroom unit and $1,600 for a 3-bedroom unit, this property is an excellent investment opportunity. Plus, enjoy the convenience of a 2-car garage. Don't miss your chance to explore the possibilities and schedule a showing today! *PROPERTY IS BEING SOLD "AS-IS" Owner is a licensed IL real estate agent.

    Zillow last checked: 8 hours ago

    Listing updated: August 11, 2024 at 01:01am

    Listing courtesy of:

    Michael Applegate 708-743-0043,

    Straight-A Realty, LLC,

    D'Andre Daye 847-530-8441,

    Straight-A Realty, LLC

    Bought with:

    Michael Applegate

    Straight-A Realty, LLC

    Source: MRED as distributed by MLS GRID,MLS#: 11984449MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas
    Features
    • Basement: Finished,Sleeping Area,Storage Space,Full,Walk-Out Access

    Property

    Parking
    • Total spaces: 2
    • Parking features: On Site, Garage Owned, Detached, Garage
    • Garage spaces: 2
    Features
    • Patio & porch: Porch
    Lot
    • Size: 1,272 sqft
    • Dimensions: 10X127.2
    Details
    • Additional parcels included: 20211240240000
    • Parcel number: 20211240230000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1890

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: FHA 203K
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/9/2024Sold$185,000+8.8%
    Source: MRED as distributed by MLS GRID #11984449
    6/2/2024Contingent$170,000
    Source: MRED as distributed by MLS GRID #11984449
    5/9/2024Price change$170,000-2.9%
    Source: MRED as distributed by MLS GRID #11984449
    5/1/2024Listed for sale$175,000
    Source: MRED as distributed by MLS GRID #11984449
    4/30/2024Contingent$175,000
    Source: MRED as distributed by MLS GRID #11984449

    Public tax history

    Tax history is unavailable.

    Neighborhood: Englewood

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Get a free Zillow Showcase℠ listing and you could sell for .
    $194,700
    2% more+ $3,894
    With Zillow Showcase(estimated)
    $198,594