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1501 W Marquette Road Chicago, IL 60636 Commercial - Business Contingent

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Description

Rare opportunity to acquire a church property and nearby vacant lot in Chicago's West Englewood neighborhood, offered together at $90,000. The main building at 1501 W Marquette Rd is an estimated 2,500 sq ft single-story frame/stucco structure with a full basement, set on an oversized 40' x 125' lot. The neighboring parcel at 1515 W Marquette Rd (5 parcels west of the church) is a standard Chicago lot, which has been cleared and is zoned RS-3, offering flexibility for parking, expansion, or future development. Currently tax-exempt, the property is being sold as-is and is available for immediate occupancy. Ideal for a new congregation, non-profit, developer, or investor looking to reposition or redevelop in an established residential neighborhood. Contact listing agent for access and details.

Property Highlights

Property Type: Commercial - Business
Building Description: 2.0 stories

General Information

County: Cook
Listed By:
Keller Williams Preferred Rlty 708-798-1111
MRED MLS
$90,000
Est. $662/mo
New to the Market Contingent
SQUARE FEET2,500 MLS#12656455
STATUSContingent PROPERTY TYPECommercial - Business

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1501 W Marquette Road, Chicago, IL 60636.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $90,000$90,000$90,000
Down Payment $18,000$3,150$22,500
Monthly Mortgage Amount $437$537$556
Taxes $125$125$125
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$40$0
Monthly Estimated Total $662$802$781

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