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2621 N Marshfield Avenue

Chicago, IL 60614
  • $1,000,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 12543908
UPDATED: 28 min ago
$1,000,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1891
County:
Area:

School Ratings & Info

Description

WE ARE IN A MULTIPLE OFFER SITUATION. ALL HIGHEST-AND-BEST OFFERS ARE DUE BY 5 PM ON TUESDAY, JANUARY 20, 2026. Welcome home to a legal, 5-unit building and situated on a purely residential, tree-lined street in an incredible area! You are literally next door to Prescott Elementary, which received an "Exemplary" designation from the Illinois State Board of Education, and you are just a few minutes away from all of Lincoln Park's action! This building has several strategies: a) you can rehab all of the units and live in one of them, b) you can rehab all of the units and then rent them or c) you can tear down the existing structures and build another beautiful building and collect top, top dollar in rents. Furthermore, there are three apartments in the front building and there are two apartments in the rear building. The three front facing units consist of 2-bedroom, 1-bathroom units with a functional floor plan. The two rear facing units are also 2-bedroom, 1-bathroom units. All tenants are on a month-to-month lease. The building and the area is a: gem. Easy to show. A 10! Note: This property is zoned RS-3 and it is classified as a legal, non-conforming building with five legal units.

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© 2026 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 RE/MAX IMPACT. Based on information submitted to the MRED as of 2026-02-10T21:04:43.197 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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2621 N Marshfield Avenue Chicago, IL 60614

  • Price: $1,000,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 28 min ago
  • MLS #: 12543908
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1891
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
WE ARE IN A MULTIPLE OFFER SITUATION. ALL HIGHEST-AND-BEST OFFERS ARE DUE BY 5 PM ON TUESDAY, JANUARY 20, 2026. Welcome home to a legal, 5-unit building and situated on a purely residential, tree-lined street in an incredible area! You are literally next door to Prescott Elementary, which received an "Exemplary" designation from the Illinois State Board of Education, and you are just a few minutes away from all of Lincoln Park's action! This building has several strategies: a) you can rehab all of the units and live in one of them, b) you can rehab all of the units and then rent them or c) you can tear down the existing structures and build another beautiful building and collect top, top dollar in rents. Furthermore, there are three apartments in the front building and there are two apartments in the rear building. The three front facing units consist of 2-bedroom, 1-bathroom units with a functional floor plan. The two rear facing units are also 2-bedroom, 1-bathroom units. All tenants are on a month-to-month lease. The building and the area is a: gem. Easy to show. A 10! Note: This property is zoned RS-3 and it is classified as a legal, non-conforming building with five legal units.
Exterior Features

Foundation Details Concrete Perimeter Frontage Type City StreetAlley Access Land Amenities Curbs and GuttersSidewalks Outdoor Parking 1-5 Spaces Roof Composition Roof Structure Pitched

Interior Features

Basement Details Unfinished Cooling Window Unit(s) Fireplaces Total 0 Heat Ventilation GasWall Unit Number Of Dishwashers 0 Number Of Dryers 0 Number Of Ranges 5 Number Of Washers 0

Property Features

Additional Parcels YN No Approximate Age Older Association Fee Includes None Building Area Total 3511 Built Before1978 YN Yes Current Use Multi-Family Electric Circuit Breakers Gross Income 52800 Gross Scheduled Income 52800 Insurance Expense 0 Maintenance Expense 0 Mls Actual Status Active Net Operating Income 0 Operating Expense 0 Ownership Types Land Trust Possible Use Multi-Family Tax Annual Amount 24815.51 Tax Year 2024 Tenant Pays ElectricityHeat Total Monthly Income 4400 Township Lake View Type Multi Family 5+ Utilities Sewer ConnectedWater Available

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of Peter Drossos Real Estate: 773-593-5626.


© 2026 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 RE/MAX IMPACT. Based on information submitted to the MRED as of 2026-02-10T21:04:43.197 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
 
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