862 N Marshfield Avenue, Chicago, IL 60622

$1,699,000
  • 862 N Marshfield Avenue, Chicago, IL 60622 Main Photo

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Active
BEDS0 BATHS MLS#12764493
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

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.

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.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Individual, Window Unit(s)
Lot Size: 0.08 Acres
Stories: 3.0
Taxes: $24,992
Year Built: 1891

Feature Descriptions

Exterior: Brick, Frame
HVAC: Forced Air
Lot Dimensions: 26x130
Parcel#: 17064310240000
Tenant Pays: Air Conditioning, Electricity, Heat
Units: 6

Listed By / Shown By

Listed By

Agency Name: Cross Street Real Estate
Agency Phone: 312-312-9844

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Estimated Payment

$ 6,359.45 per month $3,781.24 Principal & Interest $2,082.67 Property Tax $495.54 Homeowner's Insurance

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