OFF MARKET

Off market jan 2025 for $899K

—

Est. refi paymentEst. refi $5,946/mo

•

14 ba

•

—

sq ft

2423 W Marquette Rd, Chicago, IL 60629

About this home

Attention Investors! Don't miss this fully occupied, well-maintained 14-unit brick building in the sought-after Marquette Park area. With some rents currently below market, this property offers significant upside potential for increased income. The building underwent an almost copmplete rehab in 2016, including the installation of individual furnaces for each unit. Apartments have been updated on a rolling basis as they became vacant, ensuring they remain in excellent condition. Unit Breakdown: (1) Studio / 1 Bath (5) 1 Bedroom / 1 Bath (6) 2 Bedroom / 1 Bath (2) 3 Bedroom / 1 Bath Additional features include a spacious basement, already equipped with one bathroom, offering the opportunity to add more units and further maximize revenue. Some tenants have leases, while others are on a month-to-month basis, providing flexibility for future plans. The property offers a 2 car garage with potential for more income (currently used as storage by owner) This property is a prime investment opportunity with great rental income potential and room for growth!

Multi-familyProperty Type

1929Year Built

6,250 sq ftLot Size

Listed by Maria Ivette Hollendoner • Keller Williams Preferred Realty

Listed by Frank Lardino • Keller Williams Preferred Realty

Bought with Klaudia Wheadon • Pro 1 Realty R & C Corp.

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #12218305

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in Marquette Park, IL

Last updated October 2026

Sale-to-list price

99.7%

0.9% MoM

Median sale price

$260K

$0 MoM

Avg. days on market

92d

35 days MoM

Recently sold homes

1 MoM

New listings for sale

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NEW 18 HRS AGO
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NEW
$179,900
2 beds1 bath900 sq ft
5701 S Kenton Ave Unit 3N, Chicago, IL 60629
NEW
$600,000
10 beds4 baths— sq ft
5552 S Sawyer Ave, Chicago, IL 60629
$495,000
7 beds3 baths2,500 sq ft
3755 W 60th Pl, Chicago, IL 60629
$399,999
6 beds3 baths— sq ft
5530 S Fairfield Ave, Chicago, IL 60629
VIDEO TOUR
$349,900
3 beds2 baths2,200 sq ft
3738 W 65th Pl, Chicago, IL 60629
$345,000
3 beds2 baths960 sq ft
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4 beds1 bath1,104 sq ft
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See all

Provided by Redfin

Sale history for 2423 W Marquette Rd

Date

Event

Price

Public Records

Jan 10, 2025

Sold

$900,000

MRED as Distributed by MLS Grid #12218305

Jan 9, 2025

Sold (MLS) (Closed)

$899,900

Dec 12, 2024

Contingent (Contingent - Continue to Show)

—

Nov 29, 2024

Listed (Active)

$899,900

MRED as Distributed by MLS Grid #09124273

Feb 25, 2016

Sold (MLS) (Closed Sale)

$139,000

Feb 1, 2016

Pending (Contingent (Do Not Show))

—

Jan 26, 2016

Listed (New)

$139,000

+20

MRED as Distributed by MLS Grid #08909152

Jan 26, 2016

Listing Removed

—

Public Records

Apr 27, 2005

Sold

$675,000

Public Records

Aug 22, 2002

Sold

$550,000

Public Records

May 6, 1983

Sold

$119,000

Public Records

Aug 29, 1979

Sold

$124,000

Year

Property tax

Land + Additions

Assessment*

2023

$13,148 (+2.6%)

$7,583 + $73,218

$80,801

2022

$12,817 (+2.3%)

$4,549 + $57,767

$62,316

2021

$12,531 (+7.1%)

$4,549 + $57,767

$62,316

2020

$11,696 (+10.9%)

$4,549 + $47,954

$52,503

2019

$10,549 (+1.7%)

$4,549 + $47,954

$52,503

2018

$10,371 (−33.3%)

$4,549 + $47,954

$52,503

2017

$15,541 (+26.8%)

$4,170 + $44,822

$48,992

2016

$12,254 (+103.9%)

$4,170 + $53,851

$58,021

2015

$6,010 (−47.2%)

$4,170 + $26,872

$31,042

2014

$11,376 (+1.9%)

$4,170 + $53,745

$57,915

2013

$11,165 (+1.0%)

$4,170 + $53,745

$57,915

2012

$11,059 (+46.9%)

$4,170 + $53,745

$57,915

2011

$7,526 (−22.5%)

$4,170 + $39,051

$43,221

2010

$9,707 (−15.7%)

$5,421 + $50,766

$56,187

2009

$11,517 (+27.2%)

$6,672 + $62,481

$69,153

2008

$9,057 (−8.2%)

$5,560 + $53,979

$59,539

2007

$9,862

$6,116 + $59,377

$65,493

Tax history for 2423 W Marquette Rd

Year

Property tax

Land + Additions

Assessment*

2023

$13,148 (+2.6%)

$7,583 + $73,218

$80,801

2022

$12,817 (+2.3%)

$4,549 + $57,767

$62,316

2021

$12,531 (+7.1%)

$4,549 + $57,767

$62,316

2020

$11,696 (+10.9%)

$4,549 + $47,954

$52,503

2019

$10,549 (+1.7%)

$4,549 + $47,954

$52,503

2018

$10,371 (−33.3%)

$4,549 + $47,954

$52,503

2017

$15,541 (+26.8%)

$4,170 + $44,822

$48,992

2016

$12,254 (+103.9%)

$4,170 + $53,851

$58,021

2015

$6,010 (−47.2%)

$4,170 + $26,872

$31,042

2014

$11,376 (+1.9%)

$4,170 + $53,745

$57,915

2013

$11,165 (+1.0%)

$4,170 + $53,745

$57,915

2012

$11,059 (+46.9%)

$4,170 + $53,745

$57,915

2011

$7,526 (−22.5%)

$4,170 + $39,051

$43,221

2010

$9,707 (−15.7%)

$5,421 + $50,766

$56,187

2009

$11,517 (+27.2%)

$6,672 + $62,481

$69,153

2008

$9,057 (−8.2%)

$5,560 + $53,979

$59,539

2007

$9,862

$6,116 + $59,377

$65,493

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

5,055 Sq. Ft.

Year renovated

—

Sq. Ft.

1,800

Year built

1929

Style

Multi-Family (5+ Unit)

County

Cook County

APN

19244050010000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 16, 2026.

Property details

Parking

Parking Information
Indoor Parking: 1-5 Spaces,Detached

Interior

Additional Rooms Information
Basement Description: Unfinished

Unit Type 1 Information
# of Rooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 1
Monthly Income: $650
Monthly Income Max: $650

Unit Type 2 Information
# of Rooms: 5
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 2
Monthly Income: $890
Monthly Income Max: $1,100

Unit Type 3 Information
# of Rooms: 3
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 5
Monthly Income: $750
Monthly Income Max: $1,000

Unit Type 4 Information
# of Rooms: 4
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 6
Monthly Income: $790
Monthly Income Max: $1,100

Unit Type 5 Information
# of Full Bathrooms: 0.1

Exterior

Building Information
# of Units: 14
Exterior Building Type: Brick
Built Before 1978 (Y/N): Yes
Roof Structure: Flat
Construction Materials: Brick

Property Information
Property Type: Multi Family 5+
Tenancy Type: Leases,Month To Month
Parcel Number: 19244050010000

Lot Information
Dimensions: 50X125
Frontage Type: City Street
Zoning: COMMR

Financial

Tax Information
Tax Annual Amount: $13,148.08
Tax Year: 2023

Financial Information
Finance Code: Cash
Gross Rent Multiplier: 6.38
Total Monthly Income: $11,740
Gross Income: $140,880

Utilities

Heating & Cooling
Heat/Ventilation: Forced Air,Gas
Cooling: Window Unit(s)

Location

Location Information
Township: Lake
Directions: WESTERN AVENUE TO MARQUETTE WEST TO 2423 ON CORNER OF MARQUETTE AND ARTESIAN

Public facts

Beds: —
Baths: —
Sq. Ft.: 1,800
Stories: 3.0
Lot Size: 5,055 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1929
Year Renovated: —
County: Cook County
APN: 19244050010000

Home facts updated by county records on Sep 16, 2026

Other

Expense Information
Water Sewer Expense: $11,230
Electric Expense: $2,000
Trash Expense: $4,000
Insurance Expense: $6,400

Listing Information
Some Photos Virtually Staged?: No

Around this home

Schools

K - 12
Preschool & daycare

Claremont Academy Elementary School

Public PreK-8 • Assigned • 0.4mi

4/10

Gage Park High School

Public 9-12 • Assigned • 1.3mi

1/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

5/10 Flood Factor

Estimated 19-29% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 100° expected this year, 15 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

4/10 Air Factor

4 unhealthy days expected this year, 6 days in 30 years

Provided by First Street

Historical weather

Chicago, IL • 60629

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10.3 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

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Home values near 2423 W Marquette Rd

Data from public records.

Address	Redfin Estimate
2441 W Marquette Road, Chicago, IL 6 Beds \| 2 Baths \| - Sq. Ft.	$334,589
2447 W Marquette Road, Chicago, IL 10 Beds \| 4 Baths \| 4248 Sq. Ft.	$436,002

Address	Redfin Estimate
2439 W Marquette Road, Chicago, IL 6 Beds \| 2 Baths \| - Sq. Ft.	$388,466
2419 W Marquette Road, Chicago, IL 8 Beds \| 5 Baths \| - Sq. Ft.	$436,169

Address	Redfin Estimate
2445 W Marquette Road, Chicago, IL 4 Beds \| 2 Baths \| 1300 Sq. Ft.	$335,046
2444 W Marquette Road, Chicago, IL 5 Beds \| 2 Baths \| 1750 Sq. Ft.	$187,363

Property information provided by MRED as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in Marquette Park, IL

Sale history for 2423 W Marquette Rd

Tax history for 2423 W Marquette Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 60629

Home values near 2423 W Marquette Rd

More real estate resources