3000-3030 W Marquette Rd Chicago, IL 60629
85-unit apartment building near Marquette Park in Chicago Lawn.
Type:Multifamily
- Added:
- Aug 12, 2024
- Days on Market:
- 618
- Last Refresh:
- Mar 17 at 1:26 pm
Property Features for 3000-3030 W Marquette Rd
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1927
Listing agent David McLennan License #IL 475165323
Listing office Pearson Realty Group
Listing date Aug 12, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Pearson Realty Group
Overview
Chicago Lawn Multifamily Investment Opportunity
Located on Chicago’s southwest side in the Chicago Lawn/West Lawn neighborhood, this 85-unit double courtyard apartment building dates to the 1920s. The red/brown brick building features ornamental glazed terra cotta design elements, including corner spiraling and a decorative belt course. The property is situated on the immediate north side of Marquette Park, which spans over 318 acres and includes park land, lagoons, playing fields, and a 9-hole municipal golf course. The building is located less than 3 miles from Chicago’s Midway International Airport and approximately 10 miles from downtown Chicago. Public transit (CTA) services the area via the #67 bus (71st st.), the #52A (Kedzie Ave.), and the #94 (California Ave.). The unit mix comprises 74 one-bedroom/one-bathroom units, 10 two-bedroom/one-bathroom units, and 1 three-bedroom/two-bathroom unit. The units feature hardwood flooring and updated kitchens and bathrooms. Two large water tanks supply hot water, and two newer boilers provide radiator heat for the building. The sellers are willing to consider alternative structures for facilitating a sale, including limited seller financing with a minimum of 10% down.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.698458
- Latitude
- 41.7720104
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 85-unit apartment building near Marquette Park in Chicago Lawn.
Where is this apartment building located?
The property is located at 3000-3030 W Marquette Rd Chicago, IL.
What is the asking price?
The asking price for this property is $7,100,000.
What are key features of this property?
This property features: Possible seller financing available.; Located directly adjacent to Marquette Park with lagoons, playing fields, and a golf course.; High‑density building with 85 units.
