862 N Marshfield Avenue
Chicago, IL, 60622
$1,699,000
11 Beds
6 Baths
0 SqFt
0 Acres
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MLS #MRD12764493 image #0
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.

Property Details

Price:
$1,699,000
MLS #:
MRD12764493
Status:
Active
Beds:
11
Baths:
6
Type:
Commercial
Neighborhood:
chiwesttown
Listed Date:
Sep 21, 2026
Year Built:
1891
Chi – West TownChiwesttown

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Schools

Interior

Cooling
Central Individual, Window Unit(s)

Exterior

Construction Materials
Brick, Frame
Stories
3

Financial

Maintenance Fee
$4,200
Net Operating Income
$104,245
Tax Year
2025
Taxes
$24,992

Map

Community

Market Summary

Current real estate data for Commercial in Chicago as of Oct 06, 2026
885
Commercial Listed
185
Avg DOM
$1,020,887
Avg List Price

Property Summary

    862 N Marshfield Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60622. It is listed for $1,699,000

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