2621 N Marshfield Avenue, Chicago, IL 60614 (MLS # 12543908)

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PRICE $1,000,000 dsIDX morgage calculator
SIZE 3,511 sqft
LOT SIZE 2,614 sqft

WE ARE IN A MULTIPLE OFFER SITUATION. ALL HIGHEST-AND-BEST OFFERS ARE DUE BY 5 PM ON TUESDAY, JANUARY 20, 2026. Welcome home to a legal, 5-unit building and situated on a purely residential, tree-lined street in an incredible area! You are literally next door to Prescott Elementary, which received an "Exemplary" designation from the Illinois State Board of Education, and you are just a few minutes away from all of Lincoln Park's action! This building has several strategies: a) you can rehab all of the units and live in one of them, b) you can rehab all of the units and then rent them or c) you can tear down the existing structures and build another beautiful building and collect top, top dollar in rents. Furthermore, there are three apartments in the front building and there are two apartments in the rear building. The three front facing units consist of 2-bedroom, 1-bathroom units with a functional floor plan. The two rear facing units are also 2-bedroom, 1-bathroom units. All tenants are on a month-to-month lease. The building and the area is a: gem. Easy to show. A 10! Note: This property is zoned RS-3 and it is classified as legal, non-conforming building with five legal units.

DAYS ON MARKET 15 LAST UPDATED 1/8/2026
YEAR BUILT 1891 COMMUNITY CHI - Lincoln Park
COUNTY Cook STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Window Unit(s)
AIR CONDITIONING Yes
AREA CHI - Lincoln Park
BASEMENT Unfinished, Yes
CONSTRUCTION Aluminum Siding, Other, Steel Siding, Vinyl Siding
LOT 2614 sq ft
LOT DIMENSIONS 23.25 X 124.56
STORIES 3
TAXES 24815.51
UTILITIES Sewer Connected, Water Available
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TOTAL MONTHLY PAYMENT

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Listed with Peter Drossos Real Estate
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