1534 East Marquette, Chicago IL 60637
$1,460,000

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Property Description

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.

Features & Information

Key Details

  • List Price $1,460,000
  • Property Taxes $9,648
  • Price/ Sq. Ft. Unavailable
  • Year Built 1907
  • Status New

Building Information

  • Age of Building Older
  • Exterior Construction Brick
  • Heating & Cooling Forced Air, Gas, Individual Furnaces

Location

  • County Cook
  • Directions to Property Stony Island To 66th (aka Marquette). 500 Feet West To Property.
  • Property Taxes

  • Tax 9648
  • Parcel Identification Number 20232210230000

Listed by Wayne Beals for Exit Strategy Realty / EMA Management | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 9/2/2025 12:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Woodlawn

This south side Chicago neighborhood is home to an idyllic golf course, two yacht clubs and a lovely public beach. Woodlawn's residents enjoy a community conveniently located near recreational parks, the scenic lakefront, and the bustling University of Chicago campus. The area has all types of real estate where folks from all walks of life happily make their home. Affordable detached houses with private yards and their own garage give families enough room to grow, and condominiums are great properties for students, couples and young families just starting out. A number of schools and academies are situated in Woodlawn, giving homeowners plenty of options for their children's education, without straying too far from home.

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