Address
8757 S Marquette Avenue, Chicago, IL
Price
$ 300,000
Property Attributes
  • MLS#12770787
  • TypeMulti-Family
  • Listing Status New
  • CountyCOOK
  • CityChicago
  • AreaCHI - South Chicago
  • NeighborhoodSouth Chicago
  • Zip60617
  • Style
  • Year Built1891
  • Taxes$ 2953
  • Price$ 300,000
  • Bedrooms9
  • Full Bathrooms4
  • Half Bathrooms1
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Excellent investment opportunity in the heart of South Chicago! This solid 3-unit building offers strong income potential and long-term value for both seasoned investors and owner-occupants. First floor front unit offers 1 bedroom and 1 bath. First floor rear unit offers 3 bedrooms and 1 bath. While the second floor unit offers 5 bedrooms 1 and half bathrooms, living room and 2 dining rooms, or 2 living rooms and 1 dining room, your choice with the spacious layout with bright living areas. The property provides a versatile setup-live in one unit while renting out the others, or maximize cash flow by leasing all three. The building sits on a quiet, residential block and includes a large backyard space perfect for outdoor enjoyment as the property sits on 3 lots, along with convenient parking options. With separate utilities and well-proportioned units, this property is ideal for easy management and consistent rental income. The roof was done in 2018 and water heaters replaced in the last 3-5 years. Located near schools, parks, shopping, and public transportation, tenants will appreciate the accessibility and neighborhood feel. Easy access to major roadways makes commuting a breeze. In addition to the proximity of only 5 minute drive to QUANTUM SHORE which is a project that is expected to bring thousands of jobs the next decade. Whether you're looking to expand your portfolio or secure a multi-unit property with great upside, this is a fantastic opportunity you won't want to miss!

Elementary School Middle School High School
Mireles Elementary School Academ Mireles Elementary School Academ Bowen High School
Price History
9/28/2026 Listed $300,000

General Features

Sewer Public Sewer
Heating Natural Gas,Forced Air,Space Heater,Sep Heating Systems - 2+,Indv Controls
Possession Negotiable
Roof Asphalt
Garage Spaces 2
Construction Materials Frame,Other
Year Built 1891
Township South Chicago
Tax Year 2024
Ownership Fee Simple
Community Features Gated
Additional Parcels Description 26061060190000,26061060180000
County Cook
New Construction No
Property Type Residential Income
Total Rooms 17
Status New
Directions 87th St to Manistee,South to 88th St,West on 88th St one block to address.
High School Bowen High School
City Chicago
High School District 299
MLS Area CHI - South Chicago
Elementary School Mireles Elementary School Academ
Tax Annual Amount 2953.2
Middle/Junior High School Mireles Elementary School Academ
Additional Parcels Y/N Yes
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Property Type Two to Four Units

Interior Features

Basement Unfinished,Full
Total Bedrooms 9
Room Type Enclosed Porch
Total Baths 4
Bedrooms Possible 9
Full Baths Building 3
Half Baths Building 1
Total Number of Units 3

Exterior Features

Parking Features Yes,Detached,Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 75 X 138.6
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60617

Price
AVG $370K
$300K
Taxes
AVG $4,437
$2,953
Year Built
AVG 1907
1891

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