Prime value-add investment opportunity in this brick three-story walk-up that has been completely gutted and is ready for a full-scale renovation, giving new ownership the flexibility to reconfigure floor plans and deliver modern, efficient units that meet today's renter demand. Priced attractively at just 20,830 per unit. Situated on a prominent corner lot, the building is ideally positioned to capture strong rental demand in the area, with estimated Section 8 voucher rents for 1-bedroom units ranging from 1,350 to 1,650 per month. Planned renovations will include a new roof, plumbing, electric, and all other major systems, providing peace of mind and minimizing future capital expenditures. With ample room to add value and maximize cash flow, this is a rare chance to acquire a solid brick building at a compelling basis and achieve exceptional returns.
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For more information about 1836 W Marquette, Chicago, IL 60636 contact Corcoran Urban Real Estate.
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