862 N Marshfield AVE, Chicago, IL 60622
862 N Marshfield AVE, Chicago, IL 60622
862 N Marshfield AVE, Chicago, IL 60622
862 N Marshfield AVE, Chicago, IL 60622
862 N Marshfield AVE, Chicago, IL 60622
862 N Marshfield AVE, Chicago, IL 60622
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Est. payment | /mo
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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12764493

Maintenance Fees $4,200

Year Built 1891

Annual Tax Amount $24,992

Tax Year 2025

Lot Dimensions 26x130

Property Sub-Type Multi Family 5+

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.

Location

State IL

County Cook

Area Chi - West Town

Interior

Cooling Central Individual, Window Unit(s)

Fireplace N

Building

Dwelling Type Multi Family 5+

Structure Type Brick,Frame

Midwest Real Estate Data (MRED) IDX
Listed by Erin Feinerman of  Cross Street Real Estate 

Nearby Locations

Legacy Property Management

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 999-9200

propertymanagement@legacypropertiesil.com

1350 Remington Rd, Suite B, Schaumburg IL, Other

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862 N Marshfield AVE