1534 E Marquette Road Chicago, IL $ 1,460,000
1534 E Marquette Road
$ 1,460,000
New Construction
Share Save

1534 E Marquette Road

Chicago, IL, 60637
$ 1,460,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 9,109

1534 E Marquette Road, Chicago, IL 60637 - Image 1
1534 E Marquette Road, Chicago, IL 60637 - Image 2
1534 E Marquette Road, Chicago, IL 60637 - Image 3
1534 E Marquette Road, Chicago, IL 60637 - Image 4
1534 E Marquette Road, Chicago, IL 60637 - Image 5
1534 E Marquette Road, Chicago, IL 60637 - Image 6
1534 E Marquette Road, Chicago, IL 60637 - Image 7
1534 E Marquette Road, Chicago, IL 60637 - Image 8
1534 E Marquette Road, Chicago, IL 60637 - Image 9
1534 E Marquette Road, Chicago, IL 60637 - Image 10
1534 E Marquette Road, Chicago, IL 60637 - Image 11
1534 E Marquette Road, Chicago, IL 60637 - Image 12
1534 E Marquette Road, Chicago, IL 60637 - Image 13
1534 E Marquette Road, Chicago, IL 60637 - Image 14
1534 E Marquette Road, Chicago, IL 60637 - Image 15
1534 E Marquette Road, Chicago, IL 60637 - Image 16
1534 E Marquette Road, Chicago, IL 60637 - Image 17
1534 E Marquette Road, Chicago, IL 60637 - Image 18
1534 E Marquette Road, Chicago, IL 60637 - Image 19
1534 E Marquette Road, Chicago, IL 60637 - Image 20
1534 E Marquette Road, Chicago, IL 60637 - Image 21
1534 E Marquette Road, Chicago, IL 60637 - Image 22
1534 E Marquette Road, Chicago, IL 60637 - Image 23

Multi-Family Home for sale in Chicago, IL

for $1,460,000 with 6 bedrooms. This home was built in 1907.

An Investor's Dream: High-Quality Multifamily Asset in Woodlawn's Growth Corridor right along the Lakefront. This professionally managed and meticulously maintained multifamily property at 1534 E Marquette Road is a premier investment opportunity in Chicago's rapidly appreciating Woodlawn community. Positioned for both immediate cash flow and substantial long-term equity growth, this asset offers a strategic foothold in one of the city's most dynamic development zones. Solid Fundamentals, Unmatched Upside Exceptional ROI: This building offers a solid return from day one. Rent growth in the market area is strong presenting an opportunity to value add. Built-in Value: The property's large (approximately 1600+sq ft units on the second and third floor and even larger duplex down units on the first floor, command premium rents and are highly attractive to quality tenants, reducing vacancy risk. Professional Ownership: Owned and managed by a builder/developer, this property has been maintained to a high standard, with consistent upgrades and professional oversight that ensures a smooth operation. Prime Location, Exponential Growth. The investment story of this property is driven by its irreplaceable location at the nexus of major public and private development. Obama Presidential Center: Located just four blocks from the OPC site, the property, and is residents, are poised to benefit directly from the economic and cultural revitalization that this landmark project is bringing to the area. Jackson Park Transformation: Situated only one block from the Jackson Park Golf Course, the property is a direct beneficiary of the multi-million dollar redesign of the course and the broader park system, enhancing local amenities and property values. Hyper-Proximate to Key Institutions: Within a mile, tenants have access to the University of Chicago, its world-class hospital, the lakefront trails, and the 63rd Street Beach, ensuring a deep pool of potential renters, including students, faculty, and medical professionals. New Construction Hotspot: Woodlawn has been a leader in new construction permits filed, confirming its status as a top-tier neighborhood for investment and development. This property is surrounded by new projects, signaling a strong and sustained trajectory of appreciation. This is a rare opportunity to acquire a high-quality, professionally managed income property with a clear path to significant future returns. A perfect addition to any investment portfolio, it is a stable asset in the middle of a major urban renaissance.

See more

Multi-Family Active

Price

$ 1,460,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 9,648

Style

Year Built

1907

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12457767

Features
General
Cooling Central Air
Zoning MULTI
Construction Materials Brick
Year Built 1907
Electric Circuit Breakers
Stories Count 3
Tax Year 2023
Gross Income 137100
County Cook
Net Operating Income 106110
Operating Expense 30990
Insurance Expense 5760
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 8429
Status Active
Directions Stony Island to 66th (AKA Marquette). 500 Feet West to property.
City Chicago
Number Of Units Total 6
MLS Area CHI - Woodlawn
Tax Annual Amount 9648
Electric Expense 453
Fuel Expense 453
Trash Expense 2531
Water Sewer Expense 2297
Additional Parcels Y/N N
Standard Status Active
Cap Rate 7.27
See more
Exterior
Lot Dimensions 50x125
See more
* Excluded Features
List By
Exit Strategy Realty / Ema Management

Broker

wayne@bealsproperties.com;wayne@bealsproperties.com

Email

Affordability Calculator

$9,913
Per Month
92%
8%
0%
Monthly Principal & Interest
$9,109
Monthly Property Taxes
$804
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/28/2025$1,460,000 Listed Price

Map


See all

1534 E Marquette Road, Chicago, IL, 60637 is a Multi-Family Home for sale at $1,460,000. 1534 E Marquette Road has 6 bedrooms, 0.0 baths, and was built in 1907. The property's zip code is 60637 which is in Chicago, IL