2335 W. Marquette Rd

2335 W. Marquette Rd, Chicago, IL 60636

  • For Sale $3,600,000
  • Property Type Multi-Family
  • Property Size 44,000 SF
  • Units 55
  • Lot Size 15,616 Acre
  • Year Built 1926
  • Date Updated Feb 7, 2024
For SaleKiser Group is pleased to exclusively offer for purchase 2335 W. Marquette, a unique and rare 55-unit building in one of Chicago’s most desirable Southwest neighborhoods, Chicago Lawn. Known as The Claremont Gardens, the building is encompassed by an abundance of single-family homes, Chicago Lawn offers residents a suburban feel while still being in an urban environment. 2335 W. Marquette is comprised of fifty-five (55) total units; forty-eight (48) 1Bd/1Ba's, three (3) 2Bd/1Ba's, and four (4) retail spaces. For more information, please see a detailed breakdown on pages 17-18. 2335 W. Marquette presents an investor an incredibly rare opportunity to acquire immediate scale in a rapidly growing neighborhood. From day one, an investor will realize a cap rate of 9.89% and a cash return of over 16.80%. Through improved leasing and raising rents to levels already being achieved, The Chicago Lawn Collection offers an investor the potential to reach a 13.13% cap rate and nearly 29.75% cash return.

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Highlights

  • Chicago Lawn Neighborhood
  • Current Rents 30% Below Market Value
  • Significant Capital Improvements
  • Modern & Updated Mechanicals
  • Individual Furnaces
  • On-Site Laundry Facility
  • Immediate Economies of Scale

Contacts

broker

Joe Bianchi

Kiser Group

(773) 293-5023

Location

Getting Around

  • Walk Score ®

    65/100 Somewhat Walkable

  • Transit Score ®

    56/100 Good Transit

  • Bike Score ®

    68/100 Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood Marquette Park
  • Zip Code 60636

Points of Interest

  • Ashland/63rd

    1.08 miles

  • Wrightwood

    1.92 miles

  • Halsted

    2.02 miles

  • Western

    2.28 miles

  • Kedzie

    2.52 miles

  • Ashburn

    2.65 miles

  • 63rd

    2.73 miles

  • Pulaski

    2.91 miles

  • 69th

    2.93 miles

  • Brainerd

    3.00 miles

  • Shell

    0.07 miles

  • Marathon

    0.44 miles

  • Mobil

    0.64 miles

  • Midwest

    0.65 miles

  • Citgo

    0.66 miles

  • Amstar

    0.78 miles

  • Mobil

    0.87 miles

  • Citgo

    0.93 miles

  • Marathon

    0.98 miles

  • Food 4 Less

    0.99 miles

  • Ashland/63rd Park & Ride

    1.07 miles

  • Western Park & Ride

    2.25 miles

  • Kedzie Park & Ride

    2.59 miles

  • Pulaski Park & Ride

    2.97 miles

  • Midway Park & Ride

    3.07 miles

  • Midway Airport Cell Phone Lot

    3.12 miles

  • Midway Airport Cell Phone Lot

    3.13 miles

  • Midway Airport Parking Garage

    3.18 miles

  • Limo Staging Area

    3.29 miles

  • Taxi Staging Area

    3.32 miles

  • Crossroads Hotel

    2.75 miles

  • New Budget Motel

    2.97 miles

  • Carlton Inn Midway

    3.02 miles

  • Sleep Inn Midway Airport

    3.11 miles

  • Hampton Inn & Suites Chicago Midway Airport

    3.11 miles

  • Holiday Inn Express Chicago Midway Airport

    3.13 miles

  • Holiday Inn LXG Midway Airport

    3.15 miles

  • Fairfield Inn & Suites Chicago Midway Airport

    3.16 miles

  • Courtyard Chicago Midway Airport

    3.16 miles

  • Marriott Chicago Midway Airport

    3.21 miles

  • Church's Chicken

    0.22 miles

  • McDonald's

    0.25 miles

  • White Castle

    0.25 miles

  • Wendy's

    0.42 miles

  • Garifuna Flava

    0.57 miles

  • Western Tacos

    0.59 miles

  • Popeyes

    0.73 miles

  • Dunkin'

    0.76 miles

  • Subway

    0.80 miles

  • Papa T's

    0.82 miles

  • O'Toole Elementary School

    0.40 miles

  • Claremont Academy

    0.45 miles

  • Nativity School

    0.48 miles

  • Maria High School

    0.48 miles

  • McKay Elementary School

    0.55 miles

  • Golgotha School

    0.60 miles

  • Saint Adrian School

    0.65 miles

  • Englewood Messiah Lutheran Headstart

    0.70 miles

  • Harper High School

    0.70 miles

  • Saint Rita School

    0.76 miles

  • Brighton Park Early Learning Center

    3.20 miles

  • Daycare

    4.29 miles

  • UChicago Child Development Center - Drexel

    4.29 miles

  • DJ Brooks Child Development Center

    5.00 miles

  • Peter Cottontail Day Nursery

    5.02 miles

  • Kenyatta's Day Care and Learning Center

    6.00 miles

  • Me & You Learning Academy

    6.04 miles

  • Ada S. McKinley, Ersula Howard Child Care Center

    6.10 miles

  • New Zion Childcare Academy

    6.48 miles

  • The Goddard School

    6.57 miles

Frequently Asked Questions

What is the lease rate for 2335 W. Marquette Rd?

Rental asking rate at 2335 W. Marquette Rd is $1,800,000.00/YR.

What is the total square footage of 2335 W. Marquette Rd?

2335 W. Marquette Rd totals 44,000 square feet.

When was this property built?

2335 W. Marquette Rd was built in 1926.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Joe Bianchi

Kiser Group

(773) 293-5023