Closed
$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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Owner options
Explore your selling options
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#: 11984449
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
| Date | Event | Price |
|---|---|---|
| 8/9/2024 | Sold | $185,000+8.8% |
Source: | ||
| 6/2/2024 | Contingent | $170,000 |
Source: | ||
| 5/9/2024 | Price change | $170,000-2.9% |
Source: | ||
| 5/1/2024 | Listed for sale | $175,000 |
Source: | ||
| 4/30/2024 | Contingent | $175,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: Englewood
Nearby schools
GreatSchools rating
- 7/10Kershaw Elementary SchoolGrades: PK-8Distance: 0.3 mi
- 1/10Englewood STEM High SchoolGrades: 9-11Distance: 0.4 mi
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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$194,700
2% more+ $3,894
With Zillow Showcase(estimated)
$198,594