2616 N Marshfield Avenue Chicago, IL ^$ 1,795,000

2616 N Marshfield Avenue

^$ 1,795,000

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2616 N Marshfield Avenue

Chicago, IL, 60614

^$ 1,795,000

Bedrooms5 Baths0.0

Monthly Estimate*

^$ 11,198

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2616 N Marshfield Avenue, Chicago, IL 60614 - Image 2

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2616 N Marshfield Avenue, Chicago, IL 60614 - Image 5

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Multi-Family Home for sale in Chicago, IL

for $1,795,000 with 5 bedrooms. This home was built in 1893.

A rare offering in a great East Lincoln Park location, 2616 N Marshfield is a fully occupied five-unit building consisting of four spacious 3-bedroom, 2-bath duplexes plus a separate coach house unit. These units consistently attract long-term tenants, and the building has a strong history of low vacancy. Each unit features thoughtful layouts, great natural light, and a blend of vintage character with practical updates. Priced below market, this is a true value-add opportunity. Whether you're looking to modernize interiors, increase rents, or reposition the asset entirely, there's meaningful upside here. Perfect for both seasoned investors and those looking to grow their portfolio in a high-demand pocket of the city..

Multi-Family Contingent

Price

^$ 1,795,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 19,620

Style

Multi-Family

Year Built

1893

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12420356

Features

General

Cooling Central Air

Utilities Sewer Connected

Roof Composition

Zoning MULTI

Association Fee Includes None

Construction Materials Wood Vinyl Siding

Year Built 1893

Tenant Pays Electricity Heat

Stories Count 3

Tax Year 2023

Current Use Multi-Family

Gross Income 158040

County Cook

Net Operating Income 121161

Operating Expense 36879

Insurance Expense 4939

Property Type Commercial Sale Multi Family 5+

Contingency Attorney/Inspection

MaintenanceExpense 6000

Status Contingent

Directions Marshfield One block North of Wrightwood

City Chicago

Number Of Units Total 5

MLS Area CHI - Lincoln Park

Tax Annual Amount 19620

Electric Expense 1921

Fuel Expense 975

Trash Expense 763

Water Sewer Expense 660

Additional Parcels Y/N N

Standard Status Active Under Contract

Interior

Total Fireplaces 0

Exterior

Water Source Municipal Water

Foundation Details Concrete Perimeter

Lot Dimensions 25X124

Frontage Type City Street

* Excluded Features

List By

The Apartment Source

Broker

tyson@apartmentsource.com

Affordability Calculator

$12,833

Per Month

Monthly Principal & Interest: $11,198
Monthly Property Taxes: $1,635
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$615,846

Percent of Sale Price 66%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/25/2025	$1,795,000	-5.53%	Price Down
7/15/2025	$1,900,000		Listed Price

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2616 N Marshfield Avenue, Chicago, IL, 60614 is a Multi-Family Home for sale at $1,795,000. 2616 N Marshfield Avenue has 5 bedrooms, 0.0 baths, and was built in 1893. The property's zip code is 60614 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.

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Data is updated as of 12/8/2025.

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2616 N Marshfield Avenue

Multi-Family Home for sale in Chicago, IL

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