A unique opportunity to own a six-unit property in the heart of Chicago's East Village neighborhood. The property features a beautiful brick four-unit building complemented by a separate two-unit coach house tucked in the back, offering a distinctive mix of vintage character, functional layouts, and a strong rental potential. The property includes four 2-bedroom/1-bath units, one 3-bedroom/1-bath unit, and one studio. The units retain their vintage charm and character, while the kitchens in the main building have been renovated to provide modern functionality. The location also does a lot of heavy lifting - restaurants, cafes, and shops just steps from the front door, with the blue line just a few blocks away for an easy commute downtown and beyond. This is the neighborhood people want to live in, and the kind of location that continues to attract renters. Even better? All six units are currently rented below market value, given a clear opportunity to grow rental income over time. Whether you are looking to add a distinctive property to your portfolio, take advantage of existing rental demand, or unlock the upside in a well-located asset, this one has plenty to work with.
Listed By
Agency Name: Cross Street Real Estate
Agency Phone: 312-312-9844
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimated Payment
$ 6,359.45 per month $3,781.24 Principal & Interest $2,082.67 Property Tax $495.54 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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862 N Marshfield Avenue | MLS# 12764493
This multi-family property located at 862 N Marshfield Avenue, Chicago, IL 60622 is currently listed for sale with an asking price of $1,699,000. Search Chicago real estate on www.bhhscrosby.com today.