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Eight-Unit Apartment Building
For Sale
$565,000

5656 South Marshfield Avenue, Chicago, IL 60636

Multifamily property with separately metered utilities and a two-bedroom configuration across all units.

Property Size6,092 SF
Price / SF$92.74
Days on Market349

Property Features for 5656 South Marshfield Avenue

General Information

Standard status Active
Size 6,092 SF
Property subtype Multi Family 5+ / Corridor-Exterior Entrance
Zoning MULTI

Units

Unit Mix 4 x 2BR/1BA (5 rooms), 4 x 2BR/1BA (4 rooms)
Multifamily Units 8

Taxes and HOA fees

Annual Taxes $9,705

Building Details

Year Built 1909
Stories 2
Listing Agency: KamBri Realty LLC
Listed By: Michael Fisher · License #475182456
Source: Compass
Added: Sep 16, 2025 Changed: Aug 29 Last Checked: Aug 29 at 9:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KamBri Realty LLC

Investment Insights

Based on property information with market context.

This 1909 apartment property contains 8 units with a total of 16 bedrooms and 8 full bathrooms. Unit layouts include four residences with 5 rooms and four residences with 4 rooms; the conflicting room totals are omitted. Each apartment has a separate gas furnace and electric meter, with tenants responsible for those utilities. The rear building has its own water heater, also paid by the tenant. Building-wide electricity is approximately $30/month.

The property has 6,092 square feet and is zoned MULTI. All windows were replaced in 2016, and the roof is approximately 15 years old. There is no central AC; tenants provide window units. The site does not include a garage. The property is identified across 5656 South Marshfield Avenue, 5658 South Marshfield Avenue, 1638 West 57th Street, and 1640 West 57th Street in Chicago, Illinois.

Key Highlights

  • 8‑unit apartment property with 16 bedrooms and 8 full bathrooms
  • 6,092 square feet on a 1909‑built property
  • Four 5‑room units and four 4‑room units

Property Analytics

Current Use

Gio's Painting Painting

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

616
Businesses Nearby

Demographics for 60636, IL

34,800
Population
14,363
Households
2.4
Avg Household Size
35
Median Age
11%
College-Educated
78%
High-School Grad
3.9 sq mi
ZIP Area
8,923
Density / Sq Mi
$35,077
Median Household Income
$30,411
Median Earnings
$1,135
Median Rent
$150,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with separately metered utilities and a two-bedroom configuration across all units.
Where is this apartment building located?
The property is located at 5656 South Marshfield Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: 8‑unit apartment property with 16 bedrooms and 8 full bathrooms; 6,092 square feet on a 1909‑built property; Four 5‑room units and four 4‑room units
More about this property
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