1426 E Marquette Road

    Chicago, IL 60637
    • $135,000
    • STATUS: Active
    • ON SITE: 102 days
    • MLS #: 10568333
    UPDATED: 126 min ago
    $135,000
    • 18
      BEDS
    • 0.08
      ACRES
    • 9
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1908
    County:

    School Ratings & Info

    Description

    A great opportunity to redevelop this 3-flat property located in Woodlawn. This property is a short distance to the Obama Library Campus, and a the University of Chicago. The is a Court ordered sale with CII as Receiver. Property needs extensive repairs, all are welcome to submit their bids to purchase however, experienced developers are preferred. When walking the property, please bring your contractor, so you'll have all details needed to complete the Contractors Narrative as part of your package. The Documents to submit a "complete Bid" are as follows: *The Bidder Information Form *Your Letter of Intent - which should disclose your intentions with the property. *A completed Court Sale Real Estate Contract *Your Contractor's Narrative - which should be an overview of work including costs to renovate. *Personal Financial Statement/Loan Commitment *Addendum to Personal Financial Statement *A list of Real Estate Owned *CV/Experience To view this property, you must sign a Hold Harmless Letter and send it to the Listing Agent. All the required documents in the Bidders Package are located in the Additional Information Tab on the MLS. All bids are compiled and submitted to the Judge with CII's recommendation. The presiding judge makes the final decision. Incomplete Bidders Packages will not be considered. BID DEADLINE IS DECEMBER 31, 2019.

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Helen Oliveri Real Estate. Based on information submitted to the MRED as of 2020-02-17T23:50:21.937 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    1426 E Marquette Road Chicago, IL 60637

    • Price: $135,000
    • Status: Active
    • Updated: 126 min ago
    • MLS #: 10568333
    18
    Beds
    9
    Baths
    0
    ½ Baths
    0.08
    Acres
    1908
    Built
    Neighborhood:
    Chi - Woodlawn
    County:
    Cook
    Area:
    Chi - Woodlawn
    Property Description
    A great opportunity to redevelop this 3-flat property located in Woodlawn. This property is a short distance to the Obama Library Campus, and a the University of Chicago. The is a Court ordered sale with CII as Receiver. Property needs extensive repairs, all are welcome to submit their bids to purchase however, experienced developers are preferred. When walking the property, please bring your contractor, so you'll have all details needed to complete the Contractors Narrative as part of your package. The Documents to submit a "complete Bid" are as follows: *The Bidder Information Form *Your Letter of Intent - which should disclose your intentions with the property. *A completed Court Sale Real Estate Contract *Your Contractor's Narrative - which should be an overview of work including costs to renovate. *Personal Financial Statement/Loan Commitment *Addendum to Personal Financial Statement *A list of Real Estate Owned *CV/Experience To view this property, you must sign a Hold Harmless Letter and send it to the Listing Agent. All the required documents in the Bidders Package are located in the Additional Information Tab on the MLS. All bids are compiled and submitted to the Judge with CII's recommendation. The presiding judge makes the final decision. Incomplete Bidders Packages will not be considered. BID DEADLINE IS DECEMBER 31, 2019.
    Exterior Features

    Cars 0 Exterior Building Type Brick Floor Unit1 1 Floor Unit2 2 Floor Unit3 3 Lot Dimensions 30 X 127 Lot Size Less Than .25 Acre Parking None Type Multi 3 Flat3 Story Unit/S Waterfront YN No

    Interior Features

    Appliances Features Unit1 Hardwood Floors Appliances Features Unit2 Hardwood Floors Appliances Features Unit3 Hardwood Floors Basement Full Basement Description Unfinished Bedrooms Above Grade 18 Bedrooms Below Grade 0 Bedrooms Unit1 6 Bedrooms Unit2 6 Bedrooms Unit3 6 Full Baths In Building 9 Full Baths Unit1 3 Full Baths Unit2 3 Full Baths Unit3 3 Half Baths In Building 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Fuel None Rooms 36 Rooms Unit1 12 Rooms Unit2 12 Rooms Unit3 12

    Property Features

    3 Br Un In Bldg YN Yes Additional Sales Information Court Approval Required Age 100+ Years Agent Owned Interest YN No Area Amenities Park/PlaygroundCurbs/GuttersSidewalksStreet LightsStreet Paved Built Before1978 YN Yes Corporate Limits Chicago Elementary Sch Dist 299 General Information School Bus ServiceCommuter BusInterstate Access High Sch Dist 299 Holds Earnest Money Yes Jr High Middle Dist 299 Lease Exp Date Mo Yr Unit1 00/00 Lease Exp Date Mo Yr Unit2 00/00 Lease Exp Date Mo Yr Unit3 00/00 New Construction No Ownership Fee Simple Possession Other Recent Rehab YN No Rent Unit1 0 Rent Unit2 0 Rent Unit3 0 Sec Deposit Unit1 0 Sec Deposit Unit2 0 Sec Deposit Unit3 0 Sewer Sewer-Public Special Assessments Unknown Special Service Area N Tax Exemptions None Tax Year 2018 Taxes 9483.98 Tenant Pays Unit1 Other Tenant Pays Unit2 Other Tenant Pays Unit3 Other Total Units In Building 3 Township Hyde Park Water Lake MichiganPublic Zoning Type Multi

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Coldwell Banker Residential.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Helen Oliveri Real Estate. Based on information submitted to the MRED as of 2020-02-17T23:50:21.937 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    Helen Oliveri Real Estate
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