2335 W. Marquette is a unique and rare 55-unit building in one of Chicago's most desirable Southwest neighborhoods, Chicago Lawn. Known as The Claremont Gardens, the building is encompassed by an abundance of single-family homes, Chicago Lawn offers residents a suburban feel while still being in an urban environment. 2335 W. Marquette is comprised of fifty-five (55) total units; forty-eight (48) 1Bd/1Ba's, three (3) 2Bd/1Ba's, and four (4) retail spaces. For more information, please see a detailed breakdown on pages 17-18. 2335 W. Marquette presents an investor an incredibly rare opportunity to acquire immediate scale in a rapidly growing neighborhood. From day one, an investor will realize a cap rate of 8.82% and a cash return of over 12.5%. Through improved leasing and raising rents to levels already being achieved, The Chicago Lawn Collection offers an investor the potential to reach a 12.25% cap rate and nearly 26.3% cash return.
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For more information about 2335 W Marquette, Chicago, IL 60636 contact Corcoran Urban Real Estate.
Broker Reciprocity
Listing provided by Kiser Group Realty Inc
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
