Michael Applegate
This listing was posted on RealtyWW.
$175,000
Home For Sale In Chicago, Illinois
Price:
$175,000
BR/BA:
7 BR, 3 BA
Location:
722 W Marquette Rd, Chicago, IL
Description:
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.For more details: https://realtyww.info/homes_chicago-d523258/for-sale_i71334184
Property Type:
Single-Family Houses
Amenities:
Parking
For sale by:
Agent/Broker
Posted:
May 2 on RealtyWW
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More About this Listing: Home For Sale In Chicago, Illinois
Home For Sale In Chicago, Illinois is a Seven Bedroom 3.5 Bath Single-Family Homes for Sale at 722 W Marquette Rd in Chicago IL. Find other listings like Home For Sale In Chicago, Illinois and listings near 722 W Marquette Rd by searching Oodle Classifieds for Seven Bedroom 3.5 Bath Single-Family Homes for Sale in Chicago IL.
Home For Sale In Chicago, Illinois is a Seven Bedroom 3.5 Bath Single-Family Homes for Sale at 722 W Marquette Rd in Chicago IL. Find other listings like Home For Sale In Chicago, Illinois and listings near 722 W Marquette Rd by searching Oodle Classifieds for Seven Bedroom 3.5 Bath Single-Family Homes for Sale in Chicago IL.