862 N Marshfield Avenue Chicago, IL $ 1,699,000
862 N Marshfield Avenue
$ 1,699,000
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862 N Marshfield Avenue

Chicago, IL, 60622
$ 1,699,000
Bedrooms11 Baths0.0

Monthly Estimate*

$ 10,728

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Multi-Family Home for sale in Chicago, IL

for $1,699,000 with 11 bedrooms. This home was built in 1891.

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.

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Multi-Family Active

Price

$ 1,699,000

Bedrooms

11

Property Type

Multi-Family

Taxes

$ 24,992

Style

Year Built

1891

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12764493

Features
General
Cooling Central Individual Window Unit(s)
Construction Materials Brick Frame
Year Built 1891
Tenant Pays Air Conditioning Electricity Heat
Stories Count 3
Tax Year 2025
Gross Income 11665
County Cook
Net Operating Income 104245
Operating Expense 52311
Insurance Expense 4800
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 4200
Status Active
Directions Chicago to Marshfield north to property
City Chicago
Number Of Units Total 6
MLS Area CHI - West Town
Tax Annual Amount 24992
Electric Expense 20
Fuel Expense 0
Trash Expense 2000
Water Sewer Expense 4023
Additional Parcels Y/N N
Standard Status Active
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Exterior
Lot Dimensions 26x130
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* Excluded Features
List By
Cross Street Real Estate

Broker

erinf@yourcrossstreet.com

Email

Affordability Calculator

$12,810
Per Month
84%
16%
0%
Monthly Principal & Interest
$10,728
Monthly Property Taxes
$2,083
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/21/2026$1,699,000 Listed Price

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862 N Marshfield Avenue, Chicago, IL, 60622 is a Multi-Family Home for sale at $1,699,000. 862 N Marshfield Avenue has 11 bedrooms, 0.0 baths, and was built in 1891. The property's zip code is 60622 which is in Chicago, IL