Property for Sale: 2453 W Marquette, Chicago, IL 60629 SOLD

$395,000
$395,000
2453 W Marquette, Chicago, IL 60629 SOLD
$395,000
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Selling Price: $395,000
Original List Price: $525,000
Sold at 75.2% of list price
Sold Date: 10/16/2019

Type Commercial
Lot Size 0.20 acres
Year Built 1927

City Chicago
County Cook

MLS 10379104
Status Closed
UNDER NEW MANAGEMENT, IMPROVED FINANCIALS & A $50K PRICE REDUCTION! Corner brick legal 13-unit apartment building located in the Chicago Lawn area of Chicago, Illinois. The property features on-site laundry, 2-car garage, huge gated back yard and entrance. Boiler heat along with separate meters for cooking gas and electric. The unit mix of the building consists of eight (8) studio/1-bath units, four (4) 1-bedroom/1-bath units and one (1) 2-bedroom/1-bath unit. Many capital improvements have been completed including new rubber roof (2017), 1/3 of the apartments have been updated which included new appliances at the time plus a new rubber roof (2017), updated boiler, hot water heater/tank, porches up to code (2012) and updated electrical panels. New management is currently releasing building so easy to show with 24 hours notice. Please note: 8 units have been updated and rented. 5 still are in the process of being updated. Financials Reflect a fully updated and rented building (ProForma)

Room Features

Basement Description Partially Finished

Lot & Building Features

Construction Brick
Tax Year 2018
Lot Dimensions 60X150 ft

Price History of 2453 Marquette, Chicago, IL

Date Name Price Difference
07/24/2019 Price Adjustment $395,000 21.00%
07/10/2019 Price Adjustment $500,000 4.76%
12/31/1969 Listing Price $525,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 2453 Marquette, Chicago, IL

Location Map Street View
Photo of Richard Schultz
Direct: 708-237-7779
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by @properties Commercial, Kevin Rocio & Matthew Neistat
Sold by Atlas Asset Management Realty LLC, Michael Tolliver
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6.75%
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Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: @properties Commercial