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.
Property Map
Please use the print button to include maps when printing.
Property Details
Utilities
Heating Natural Gas
Cooling
Water Public
Sewer Public Sewer
Additional Information
Exterior Features
Porch
Parking
2 Garage Spaces, Garage On Site, Owned, Parking included in price
Schools
District 299
Payment Calculator
Listing History
02-21-2024
Listed at $175,000
04-20-2024
Status changed to Under Contract
04-24-2024
Status changed to Active
Last Modified 4/24/24 9:22 PM
Nearby Transportation
Bus 8
0.1 mi
Bus 67
0.3 mi
Bus 169
0.3 mi
Bus 63
0.5 mi
Bus 44
0.5 mi
Bus 24
0.7 mi
Bus 75
0.9 mi
Bus 71
0.9 mi
Bus 5
0.9 mi
Bus 95
0.9 mi
Bus 29
0.9 mi
Bus 30
1.0 mi
Bus 59
1.0 mi
Bus 9
1.0 mi
Bus X9
1.1 mi
Green Line
0.4 mi
Red Line
0.8 mi
I 94 East
0.9 mi
I 94 West
0.9 mi
I 90 West
0.9 mi
I 90 East
1.0 mi
Hwy 57
4.0 mi
Hwy 57
4.0 mi
I 55 North
4.7 mi
I 55 South
4.7 mi
For More Information
(312) 528-9200
For more information about 722 W Marquette, Chicago, IL 60621 contact Corcoran Urban Real Estate.
Broker Reciprocity
Listing provided by Straight-A Realty, LLC
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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.
