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Listing provided courtesy of KM Realty Group, LLCMREDas Distributed by MLSGrid- MLS# 12613291MLS Provider

8039 S Marquette AvenueChicago, IL 60617

Multi-Family · 7 Beds · 0.07 Acres
$375,000 Active

8039 S Marquette Avenue Overview

Time on Site:
82 days
Visits:
0

Great investment opportunity at 8039 S Marquette! This solid 3-unit building offers strong income potential with each unit featuring its own separate heating system-an attractive benefit for both owners and tenants. The property includes three spacious units with functional layouts and ample natural light. While some updating is needed, this presents the perfect opportunity to add value and increase rental income over time. Ideal for investors looking to renovate and maximize returns or owner-occupants seeking to build equity. Conveniently located near transportation, schools, and local amenities, this property has great long-term rental appeal. Bring your vision and unlock the full potential of this promising multi-unit property! AS IS

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8039 S Marquette Avenue Facts & Features

  • Type Multi-Family
  • Lot 0.07 Acres

Details

General

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 1923

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - South Chicago
  • Township: Hyde Park

Tax Information

  • Tax Annual Amount: $1,582.00
  • Tax Year: 2023

General Information

  • Ownership: Fee Simple
  • Parcel Number: 21311140140000
  • Property Type: Residential Income
  • Special Listing Conditions: None
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 3
  • Bedrooms Total: 7
  • Bedrooms Possible: 7
  • Full Baths Building: 3

General Information

  • Basement: Partially Finished, Full, Walk-Out Access
  • Heating: Natural Gas, Steam
  • Rooms Total: 14

Exterior

Parking Information

  • Parking Features: Unassigned, Off Alley, Yes, Owned
  • Parking Total: 2

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 2892
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 800
  • Beds Total: 1
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 1300
  • Beds Total: 3
  • Baths Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 1500
  • Beds Total: 3
  • Baths Total: 1

8039 S Marquette Avenue Neighborhood

Community

60617 (Chicago) Demographics

37
Median Age
5,348
Population Density (per sq. mile)
28%
College Educated
$43,642
Estimated Median Income
16,451
Estimated Total Home Owners
12,722
Estimated Total Renters
56% / 44%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

8039 S Marquette Avenue Monthly Cost

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$ %
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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

8039 S Marquette Avenue Market Data

Based on the last 30 days in this zip code

$215,942
Average List Price
$154
Average Price per Square Foot
36
Properties Sold
86
Average Days on Market
161
Properties for Sale
Calculations provided by Reliance Network

8039 S Marquette Avenue History

Date Event Value Agent
5/23/2026Source: MRED Status Change
Active
5/18/2026Source: MRED Price Reduction
$375,000 -6.2%
5/18/2026Source: MRED Status Change
Price Change
4/13/2026Source: MRED Status Change
Active
4/8/2026Source: MRED Added to Database
April 08, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022