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!
Multi-familyProperty Type
1928Year Built
4,375 sq ftLot Size
$73Est. Price/Sq.Ft.
Listed by Rashauna Scott• Keller Williams ONEChicago
Listed by Brandon Riddle• Keller Williams ONEChicago
Bought with Damara Saddler• Damara Saddler
Source:MRED as Distributed by MLS Grid #12376844
Redfin Estimate
$275,747
$151K since sold in May 2026$4,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 18.1% higher than the average sale price ($233K) of 6 comparable homes.
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!
Public Records
Nov 6, 2023
Sold
$105,000
$28/sq ft
MRED as Distributed by MLS Grid #10572121
Mar 31, 2020
Sold (MLS) (Closed Sale)
$63,600
$17/sq ft
Mar 17, 2020
Pending (Contingent)
—
Mar 10, 2020
Relisted (Reactivated)
—
Nov 19, 2019
Contingent
—
Nov 12, 2019
Listed (New)
$59,000
$16/sq ft
+23
Bank-owned 3-unit. In need of full, gut-rehab. Offered on an AS/IS basis. No reps or warrantys. No survey. This property is being marketed alongside the following other properties: 1401 W Marquette Rd & 816 W 52nd St
MRED as Distributed by MLS Grid #09857013
Apr 18, 2018
Sold (MLS) (Closed Sale)
$45,000
$12/sq ft
Mar 8, 2018
Pending (Contingent (Do Not Show))
—
Feb 14, 2018
Listed (New)
$60,000
$16/sq ft
MRED as Distributed by MLS Grid #09408697
Aug 21, 2017
Sold (MLS) (Closed Sale)
$20,000
$5/sq ft
Feb 21, 2017
Pending
—
Feb 9, 2017
Relisted (Reactivated)
—
Feb 1, 2017
Pending
—
Jan 25, 2017
Relisted (Reactivated)
—
Jan 16, 2017
Pending
—
Dec 26, 2016
Listed (New)
$24,900
$7/sq ft
MRED as Distributed by MLS Grid #07633827
Dec 29, 2012
Listing Removed
—
Mar 3, 2012
Price Changed (Price Change)
*
Mar 3, 2012
Relisted (Price Change)
—
Mar 10, 2011
Contingent
—
Feb 21, 2011
Price Changed (Price Change)
*
Dec 23, 2010
Price Changed (Price Change)
*
Nov 11, 2010
Price Changed (Price Change)
*
Oct 18, 2010
Price Changed (Price Change)
*
Sep 14, 2010
Listed (New)
*
MRED as Distributed by MLS Grid #06777587
Jan 17, 2009
Listing Removed
—
Jan 18, 2008
Listed
*
MRED as Distributed by MLS Grid #06703592
Jan 15, 2008
Listing Removed
—
Oct 15, 2007
Listed
*
Public Records
Apr 7, 1992
Sold
$95,000
$25/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$1,582 (+2.6%)
$2,187 + $5,312
$7,499
2022
$1,542 (+2.3%)
$2,187 + $5,312
$7,499
2021
$1,508 (−9.1%)
$2,187 + $5,312
$7,499
2020
$1,658 (−2.4%)
$3,281 + $4,163
$7,444
2019
$1,700 (+1.7%)
$3,281 + $5,179
$8,460
2018
$1,671 (−28.7%)
$3,281 + $5,179
$8,460
2017
$2,344 (−45.0%)
$2,843 + $20,928
$23,771
2016
$4,261 (+10.0%)
$2,843 + $20,928
$23,771
2015
$3,875 (+15.0%)
$2,843 + $20,928
$23,771
2014
$3,371 (+2.3%)
$2,625 + $18,116
$20,741
2013
$3,294 (+0.6%)
$2,625 + $18,116
$20,741
2012
$3,274 (+13.4%)
$2,625 + $18,116
$20,741
2011
$2,888 (+4.3%)
$3,500 + $18,362
$21,862
2010
$2,769 (+11.5%)
$3,500 + $18,362
$21,862
2009
$2,484 (+2.3%)
$3,500 + $18,362
$21,862
2008
$2,427 (+17.9%)
$3,500 + $20,136
$23,636
2007
$2,058
$3,500 + $20,136
$23,636
Tax history for 1116 W Marquette Rd
Year
Property tax
Land + Additions
Assessment*
2023
$1,582 (+2.6%)
$2,187 + $5,312
$7,499
2022
$1,542 (+2.3%)
$2,187 + $5,312
$7,499
2021
$1,508 (−9.1%)
$2,187 + $5,312
$7,499
2020
$1,658 (−2.4%)
$3,281 + $4,163
$7,444
2019
$1,700 (+1.7%)
$3,281 + $5,179
$8,460
2018
$1,671 (−28.7%)
$3,281 + $5,179
$8,460
2017
$2,344 (−45.0%)
$2,843 + $20,928
$23,771
2016
$4,261 (+10.0%)
$2,843 + $20,928
$23,771
2015
$3,875 (+15.0%)
$2,843 + $20,928
$23,771
2014
$3,371 (+2.3%)
$2,625 + $18,116
$20,741
2013
$3,294 (+0.6%)
$2,625 + $18,116
$20,741
2012
$3,274 (+13.4%)
$2,625 + $18,116
$20,741
2011
$2,888 (+4.3%)
$3,500 + $18,362
$21,862
2010
$2,769 (+11.5%)
$3,500 + $18,362
$21,862
2009
$2,484 (+2.3%)
$3,500 + $18,362
$21,862
2008
$2,427 (+17.9%)
$3,500 + $20,136
$23,636
2007
$2,058
$3,500 + $20,136
$23,636
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RS-3
Residential Single-Unit (Detached House) District
The primary purpose of the RS districts is to accommodate the development of detached houses on individual lots. It is intended that RS zoning be applied in areas where the land-use pattern is characterized predominately by detached houses on individual lots or where such a land use pattern is desired in the future. The Zoning Ordinance includes three RS districts - RS3 - which are differentiated primarily on the basis of minimum lot area requirements and floor area ratios.