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Listing provided courtesy of Granada Realty LLCMREDas Distributed by MLSGrid- MLS# 12624170MLS Provider

5656 S Marshfield AvenueChicago, IL 60636

Commercial · 2 Beds
$565,000 Active

5656 S Marshfield Avenue Overview

Time on Site:
14 days
Visits:
0

Welcome to 5656 W Marshfield, a well-maintained multi-family property offering a fantastic opportunity for both investors and owner-occupants. This property features 8 units with spacious layouts, abundant natural light, and functional floor plans designed for comfortable living. Each unit offers well-sized bedrooms, bright living areas, and kitchens with ample cabinet space, making it ideal for long-term tenants or extended family living. The property provides strong income potential while also allowing the option to live in one unit and rent out the others. Situated on a generous lot, the exterior offers space for outdoor enjoyment and added convenience. Located near schools, parks, shopping, and public transportation, this property combines accessibility with neighborhood appeal-an excellent addition to any portfolio. 7800 finished sqft. All units on 5656 S Marshfield updated 2016. All units on 1638 W 57th updated 2023. New roof installed 2016.

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5656 S Marshfield Avenue Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 600
  • Fuel Expense: 2400
  • Gross Income: 117000
  • Insurance Expense: 0
  • Maintenance Expense: 0
  • Net Operating Income: 97215
  • Operating Expense: 10080
  • Trash Expense: 2280
  • Water Sewer Expense: 2400

Building Information

  • Year Built: 1909

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - West Englewood

Tax Information

  • Tax Annual Amount: $9,705.00
  • Tax Year: 2025

General Information

  • Parcel Number: 20182140450000
  • Property Type: Commercial Sale

Interior

General Information

  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 124 X 49

General Information

  • Number Of Units Total: 8

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 8

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 0
  • Units Total: 0

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

5656 S Marshfield Avenue Neighborhood

Community

60636 (Chicago) Demographics

40
Median Age
7,678
Population Density (per sq. mile)
18%
College Educated
$26,598
Estimated Median Income
5,064
Estimated Total Home Owners
5,915
Estimated Total Renters
46% / 54%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

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.

5656 S Marshfield Avenue Monthly Cost

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$
$
Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5656 S Marshfield Avenue Market Data

Based on the last 30 days in this zip code

$210,230
Average List Price
$143
Average Price per Square Foot
17
Properties Sold
75
Average Days on Market
87
Properties for Sale
Calculations provided by Reliance Network

5656 S Marshfield Avenue History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Active
6/24/2026Source: MRED Status Change
Re-activated
6/18/2026Source: MRED Status Change
Contingent
6/16/2026Source: MRED Added to Database
June 16, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022