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Chicago Two-Unit Apartment Building
For Sale
Under Contract
$250,000

7940 S Marshfield Avenue, Chicago, IL 60620

MULTI_FAMILY - Chicago, IL

Days on Market93

Property Features for 7940 S Marshfield Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 3, Bathroom 1, Basement, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 4
Parking 2
Parking features Garage
Basement Full, Partially Finished
Elementary school district 299
Middle school district 299
High school district 299
Directions South on Ashland to 80th Street West to Marshfield
Subdivision CHI - Auburn Gresham
Standard status Active Under Contract
APN 20312060300000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 1484

Utilities

Sewer type Public Sewer
Heating system Steam, Radiant

Building Details

Year built 1922
Building materials Brick
Listing Agency: Full Circle Real Estate Consulting LTD
Listed By: Gia Davis · License #471014990
Added: May 1 Changed: Jul 29 Last Checked: Aug 1 at 11:06PM
MLS# 12629532

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-unit apartment building is offered as part of an estate sale and is sold strictly as-is. Each unit features two bedrooms, original hardwood flooring, and updated bathrooms. Additional work is needed. The building's structure and layout make it an attractive option with long-term upside. This property has the potential to become an income-producing multi-unit property.

Key Highlights

  • 2‑unit apartment building built in 1922
  • Brick construction with garage parking
  • Each unit includes two bedrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Gym & Fitness Center Cafe & Coffee Shop

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

887
Businesses Nearby

Demographics for 60620, IL

66,514
Population
30,008
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
7.0 sq mi
ZIP Area
9,502
Density / Sq Mi
$48,805
Median Household Income
$36,285
Median Earnings
$1,093
Median Rent
$187,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Two-unit building with updated bathrooms, value-add opportunity.
Where is this duplex located?
The property is located at 7940 S Marshfield Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 2‑unit apartment building built in 1922; Brick construction with garage parking; Each unit includes two bedrooms
More about this property
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