Discover a remarkable brick two-unit property with an outstanding investment opportunity and a potential living space for your family, friends, or tenants to enhance your monthly cash flow. With carefully planned renovations, this hidden gem has significant potential for appreciation in value. The property currently features long-term tenants benefiting from significantly below-market rents and are on month-to-month leases, offering a unique chance for savvy investors. This property is being sold "As-Is," providing a blank canvas for your vision. It is nestled in a vibrant and gentrifying neighborhood.
Contingent
$189,900
712 W Marquette Rd, Chicago, IL 60621
5beds
--sqft
Est.:
Multi Family
Built in 1908
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Brick two-unit propertyPotential living space
- 133 days |
- 5 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: January 26, 2026 at 09:16am
Listing courtesy of:
Milton Payton 708-351-6675,
RE/MAX 10,
Marilyn Payton 708-351-6674,
RE/MAX 10
Source: MRED as distributed by MLS GRID,MLS#: 12498646
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air
Features
- Windows: Screens
- Basement: Unfinished,Exterior Entry,Full,Walk-Out Access
Property
Parking
- Total spaces: 3
- Parking features: Off Alley, Alley Access, Yes, Owned
Features
- Exterior features: Balcony
- Fencing: Fenced,Chain Link
Lot
- Size: 3,920.4 Square Feet
- Dimensions: 30x127x30x126.8
- Features: Level
Details
- Additional structures: Garage(s)
- Parcel number: 20211240270000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Tar/Gravel,Flat
Condition
- New construction: No
- Year built: 1908
Utilities & green energy
- Sewer: Public Sewer, Storm Sewer
- Water: Lake Michigan
Community & HOA
Community
- Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $45,000
- Annual tax amount: $949
- Date on market: 10/19/2025
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,532/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/24/2026 | Contingent | $189,900 |
Source:  MRED as distributed by MLS GRID #12498646 Report a problem | ||
| 10/19/2025 | Listed for sale | $189,900 |
Source: MRED as distributed by MLS GRID #12498646 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $949 +2.6% | $4,500 |
| 2022 | $926 +2.3% | $4,500 |
| 2021 | $905 -31.7% | $4,500 -24.3% |
| 2020 | $1,324 -2.4% | $5,945 -12% |
| 2019 | $1,357 +1.7% | $6,756 |
| 2018 | $1,335 -60.2% | $6,756 -56.6% |
| 2017 | $3,354 +28% | $15,581 |
| 2016 | $2,621 +10.4% | $15,581 |
| 2015 | $2,374 +0.1% | $15,581 +1.5% |
| 2014 | $2,372 +2.5% | $15,351 |
| 2013 | $2,314 -16% | $15,351 |
| 2012 | $2,755 +36.7% | $15,351 +23.5% |
| 2011 | $2,015 -25% | $12,434 -24.7% |
| 2010 | $2,687 +4.4% | $16,512 |
| 2009 | $2,575 -12.3% | $16,512 -19.4% |
| 2008 | $2,937 +1% | $20,475 |
| 2007 | $2,908 -1.1% | $20,475 |
| 2006 | $2,939 +62.5% | $20,475 +85% |
| 2005 | $1,808 +1% | $11,067 |
| 2004 | $1,790 +2.2% | $11,067 |
| 2003 | $1,751 +20.8% | $11,067 +37.2% |
| 2002 | $1,449 +3.8% | $8,067 |
| 2001 | $1,397 +34.1% | $8,067 |
| 2000 | $1,042 | $8,067 +48.8% |
| 1999 | -- | $5,423 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,294/mo
Principal & interest
$979
Property taxes
$315
Climate risks
Neighborhood: Englewood
Nearby schools
GreatSchools rating
- 7/10Kershaw Elementary SchoolGrades: PK-8Distance: 0.3 mi
- 1/10Englewood STEM High SchoolGrades: 9-11Distance: 0.4 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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