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7940 S Marshfield Avenue Chicago, IL $ 255,000
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$ 255,000 Get more info
7940 S Marshfield Avenue
$ 255,000
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Share Save

7940 S Marshfield Avenue

Chicago, IL, 60620
$ 255,000
Bedrooms4 Baths3.1

Monthly Estimate*

$ 1,591

7940 S Marshfield Avenue, Chicago, IL 60620 - Image 1
7940 S Marshfield Avenue, Chicago, IL 60620 - Image 2
7940 S Marshfield Avenue, Chicago, IL 60620 - Image 3
7940 S Marshfield Avenue, Chicago, IL 60620 - Image 4

Multi-Family Home for sale in Chicago, IL

for $255,000 with 4 bedrooms and 3 full baths, 1 half bath. This home was built in 1922.

This 2-unit apartment building, offered as part of an estate sale and sold strictly as-is, presents an excellent value-add opportunity for investors or owner-occupants with vision. Each unit features two spacious bedrooms, original hardwood flooring, and recently updated bathrooms, providing a solid foundation for further improvements. While some additional work is still needed, the building's strong structure and desirable layout make it an attractive option with significant long-term upside. With the right finishing touches, this property has the potential to become a true income-producing gem in a highly sought-after multi-unit property

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Multi-Family Active

Price

$ 255,000

Bedrooms

4

Full Bath

3

Half Bath

1

Property Type

Multi-Family

Taxes

$ 1,484

Style

Year Built

1922

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12517057
Features
General
Sewer Public Sewer
Heating Steam Radiant
Possession Closing
Garage Spaces 2
Construction Materials Brick
Year Built 1922
Township Lake
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 12
Status Active
Directions South on Ashland to 80th Street West to Marshfield
City Chicago
High School District 299
MLS Area CHI - Auburn Gresham
Tax Annual Amount 1484
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Partially Finished Full
Total Bedrooms 4
Total Baths 3
Bedrooms Possible 4
Full Baths Building 2
Half Baths Building 1
Total Number of Units 2
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Exterior
Parking Features Yes Detached Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 3150sf
Waterfront Y/N N
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* Excluded Features
List By
Full Circle Real Estate Consulting Ltd

Broker

gdavis@fcreconsulting.com

Email

Affordability Calculator

$1,715
Per Month
93%
7%
0%
Monthly Principal & Interest
$1,591
Monthly Property Taxes
$124
Monthly 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
566059 Elementary School
566846 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/13/2025$255,000 Listed Price

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7940 S Marshfield Avenue, Chicago, IL, 60620 is a Multi-Family Home for sale at $255,000. 7940 S Marshfield Avenue has 4 bedrooms, 3.1 baths, and was built in 1922. The property's zip code is 60620 which is in Chicago, IL

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