New Listing
862 N Marshfield Avenue,Chicago, IL 60622
Chicago, IL 60622
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.
Details
| MLS # | 12764493 |
|---|---|
| Listing Type | For Sale |
| Style | Multi Family 5+ |
| Sub-Type | Resale |
| Status | Active |
| Year | 1891 |
| Days On Site | 7 |
| Listing Provided By | Cross Street Real Estate | Erin Feinerman |
Features
| Story(s) | 3 |
|---|---|
| Units | 6 |
| Acreage | 0.08 |
Interior
| Cooling | Central Individual, Window Unit(s) |
|---|
Exterior
| Construction Materials | Brick, Frame |
|---|
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 24992 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60622 |
| Area | CHI West Town |
| Listing VS Median (in 60622) | |
Price: $1,699,000 low | high Med: $409,000 On site: 7 low | high Med: 52 | |
Market Activity 60622
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60622 |
| Area | CHI West Town |
| Listing VS Median (in 60622) | |
Price: $1,699,000 low | high Med: $409,000 On site: 7 low | high Med: 52 | |
