Back 1116 W Marquette Rd
Off Market

1116 W Marquette Rd

Chicago IL 60621

9
3
Multi-Family
Last sold for $125,000
Rashauna ScottRashauna Scott, last sold this property on 23 July 2025 after 55 days on market.

Overview

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!

Features

9 bedrooms
3 bathrooms
Multi-Family

Estimated Value

Based on this property and similar 9 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 1116 W Marquette Rd is $377k.

Median value
$377k
Estimated value range
$125k - $500k
Median days on market
39
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1116 W Marquette Rd

2025
Sold
$125,000
23 Jul 2025 by Rashauna Scott, of Keller Williams ONEChicago
2020
Sold
$63,600
31 Mar 2020 by Edward Bluemel, of Atlas Asset Management Realty LLC
2018
Sold
$45,000
18 Apr 2018 by Jesse Coleman, of Keller Williams Preferred Realty

Happy sellers in Chicago

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We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.

Local market activity for 9 bedroom multi families in Chicago

In the last 12 months, 5 nine-bedroom multi families similar to 1116 W Marquette Rd, have been sold.

This represents a 54% increase in nine-bedroom multi families sales when compared to the previous 12 months.

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