Six-Unit Apartment
New
For Sale
$1,699,000
862 N Marshfield Avenue, Chicago, IL 60622
Brick four-unit building paired with a separate coach house and updated kitchens in the main structure.
Property SizeContact for details
Days on Market6
Property Features for 862 N Marshfield Avenue
General Information
Standard status
Active
Property subtype
Commercial
Occupancy
100%
Units
Unit Mix
4 x 2BR/1BA, 1 x 3BR/1BA, 1 x studio
Multifamily Units
6
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$24,992
Amenities
Central air
Central Individual Cooling
Window Unit(s) Cooling
Building Details
Year Built
1891
Buildings
2
Construction
brick
Listing Agency:
CROSS STREET REAL ESTATE
(312) 312-9844
Listed By:
ERIN FEINERMAN
(847) 651-5402
Source:
Corcoran
Added: Sep 21
Changed: Sep 24
Last Checked: Sep 24 at 10:05AM
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 CROSS STREET REAL ESTATE
Investment Insights
Based on property information with market context.
Built in 1891, this apartment property combines a brick four-unit building with a detached two-unit coach house. The six-unit configuration includes four 2-bedroom/1-bath apartments, one 3-bedroom/1-bath apartment, and one studio. Units retain vintage character, while the main building’s kitchens have been renovated for contemporary functionality.
The property is in Chicago’s East Village, with restaurants, cafes, and shops located steps from the front entrance. The Blue Line is a few blocks away, providing rail access toward downtown and surrounding areas. All six apartments are currently leased below market value, creating an existing rental profile with room for future income growth.
The property is in Chicago’s East Village, with restaurants, cafes, and shops located steps from the front entrance. The Blue Line is a few blocks away, providing rail access toward downtown and surrounding areas. All six apartments are currently leased below market value, creating an existing rental profile with room for future income growth.
Key Highlights
- Six total apartments across a four‑unit brick building and a separate two‑unit coach house
- Unit mix includes four 2‑bedroom/1‑bath units, one 3‑bedroom/1‑bath unit, and one studio
- Main building kitchens have been renovated
Property Analytics
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Current Use
Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
4,276
Businesses Nearby
Explore this area
Business Placement
Demographics for 60622, IL
55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Brick four-unit building paired with a separate coach house and updated kitchens in the main structure.
Where is this apartment building located?
The property is located at 862 N Marshfield Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Six total apartments across a four‑unit brick building and a separate two‑unit coach house; Unit mix includes four 2‑bedroom/1‑bath units, one 3‑bedroom/1‑bath unit, and one studio; Main building kitchens have been renovated
