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$125,000
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Property Description
Investor Special! Come and explore the many rehab possibilities with this solid brick 3-Unit. Priced to sell! 3 Unit ARVs in the area are $400K+! This is a great opportunity for investors, rehabbers, and homeowners who are looking for their first or next value-add investment! The building is located right in the heart of the Englewood neighborhood and the heavy lifting has already been started for you! Already gutted to the studs, you can bring your vision and build equity in one of Chicago's rapidly developing areas. Each of the three units offers generous square footage with 3-bedrooms and 1 full bathroom per floor. The building also features a full unfinished basement with high ceilings-ideal for duplexing down or additional storage. The neighborhood is seeing steady investment and revitalization, this property is minutes from public transportation, the Dan Ryan Expressway, Kennedy-King College, and the upcoming Englewood Trail! It's also near several schools, community centers, and ongoing development projects aimed at improving infrastructure and economic opportunity in the area. Whether you're planning to rent all three units or live in one and lease the others, this property offers the potential for excellent cash flow once rehabbed! Schedule your private tour today!
Full Property Details
Full Property Details for 1116 W Marquette Rd
General
- Sold For: $125,000
- Taxes: $1,582 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12376844
- Added to Site: 233 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 9
Location
- Area: CHI - Englewood
- County: Cook
- Driving Directions: Racine Ave North or South to Marquette Rd. East to Property.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan, Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Full
- Roof: Flat
- Year Built: 1925
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1925
- Tax Amount: $1,582
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20202250400000
Listed by Keller Williams ONEChicago
Sold by Damara Saddler
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Schools
Schools serving 1116 W Marquette Rd
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Bass Elementary School 1140 West 66th Street, Chicago, IL 60621 | PK-8 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1116 W Marquette Rd
Date
Details
Price
Change
Source
7/23/2025
Sold
$125,000
—
MLS
5/28/2025
Listed
$125,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1116 W Marquette Road, Chicago, IL 60621 (MLS# 12376844) is a Multi-Family property that was sold at $125,000 on July 23, 2025. Want to learn more about 1116 W Marquette Road? Do you have questions about finding other Multi-Family real estate for sale in Englewood? You can browse all Englewood real estate or contact a Coldwell Banker agent to request more information.

