Listing provided courtesy of The Apartment SourceMREDas Distributed by MLSGrid- MLS# 12648143
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Request Info2616 N Marshfield AvenueChicago, IL 60614
Commercial · 5 Beds$1,849,000
Active
2616 N Marshfield Avenue Overview
- Time on Site:
- 46 days
- Visits:
- 2
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..
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2616 N Marshfield Avenue Facts & Features
- Type Commercial
Details
General
Association/HOA
- Association Fee Includes: None
Income/Expenses
- Other Expense: 1000
- Electric Expense: 1921
- Fuel Expense: 975
- Gross Income: 160800
- Gross Scheduled Income: 160800
- Insurance Expense: 4939
- Maintenance Expense: 6000
- Net Operating Income: 121161
- Operating Expense: 36879
- Trash Expense: 763
- Water Sewer Expense: 660
Building Information
- Year Built: 1893
Business Information
- Current Use: Multi-Family
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - Lincoln Park
Rent/Lease Information
- Tenant Pays: Electricity, Heat
Tax Information
- Tax Annual Amount: $19,620.00
- Tax Year: 2023
General Information
- Parcel Number: 14304040470000
- Property Type: Commercial Sale
- Zoning: MULTI
Interior
General Information
- Cooling: Central Air
- Fireplaces Total: 0
- Foundation Details: Concrete Perimeter
- Stories: 3
Exterior
Lot Information
- Additional Parcels: No
- Frontage Type: City Street
- Lot Size Dimensions: 25X124
- Water Source: Municipal Water
Building Exterior/Construction
- Construction Materials: Wood, Vinyl Siding
- Roof: Composition
General Information
- Number Of Units Total: 5
- Utilities: Sewer Connected
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 3
- Baths Total: 2
- Units Total: 4
Unit 2 Details
- Unit Type: Unit 2
- Beds Total: 2
- Baths Total: 1
- Units Total: 1
Unit 3 Details
- Unit Type: Unit 3
- Beds Total: 0
- Units Total: 0
Unit 4 Details
- Unit Type: Unit 4
- Beds Total: 0
- Units Total: 0
Unit 5 Details
- Unit Type: Unit 5
- Beds Total: 0
- Units Total: 0
Unit 6 Details
- Unit Type: Unit 6
- Beds Total: 0
- Units Total: 0
Unit 7 Details
- Unit Type: Unit 7
- Beds Total: 0
- Units Total: 0
2616 N Marshfield Avenue Neighborhood
Community
60614 (Chicago) Demographics
30
Median Age
20,962
Population Density (per sq. mile)
88%
College Educated
$117,251
Estimated Median Income
15,110
Estimated Total Home Owners
18,292
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.2616 N Marshfield Avenue Monthly Cost
2616 N Marshfield Avenue Market Data
Based on the last 30 days in this zip code
$1,409,089
Average List Price
$844
Average Price per Square Foot
119
Properties Sold
57
Average Days on Market
259
Properties for Sale
2616 N Marshfield Avenue History
| Date | Value | Agent |
|---|---|---|
| 5/19/2026Source: MRED | Active |
|
| 5/14/2026Source: MRED | May 14, 2026 |