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$1,199,900

Est. payment - /mo

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8 Beds

4 Baths

New

2512 N Marshfield AVE Chicago, IL 60614

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12464228

Bedrooms 8

Maintenance Fees $4,000

Annual Tax Amount $14,663

Tax Year 2023

Lot Dimensions 25X125

Property Sub-Type Two to Four Units

Property Description

Fantastic, fully leased 3-Flat tucked away on charming Marshfield Street in the heart of Lincoln Park. A complete curb appeal upgrade with a fully rebuilt front porch, metal fence, new gate, all new concrete retaining wall and refreshed exterior lighting + landscaping. This turn-key property features three thoughtfully updated units generating strong rental income with room for growth and low operating expenses. Each unit includes modern kitchens, hardwood floors, in-unit laundry, and central air for today's lifestyle. The top-floor unit shines with 3 bedrooms, 2 full baths, and a versatile additional space-perfect for a home office or second living area. The first-floor unit offers a spacious 3 bed/1 bath layout, while the second floor features a bright and comfortable 2 bed/1 bath. Gas and electric are separately metered, giving added flexibility for owners and tenants alike. Outside, enjoy a private, fenced-in backyard-a rare luxury in the city-ideal for relaxing, entertaining, or gardening. The detached two-car garage with alley access provides valuable storage and everyday convenience. Situated in the highly desirable Lincoln Park School District, with access to top-rated Prescott Elementary and Lincoln Park High School. Whether you're looking to house-hack or add a high-performing multi-unit to your portfolio, this place checks all the boxes. Rental income has increased year-over-year, with the most recent adjustments already in place, positioning this asset for continued appreciation and reliable cash flow. Enjoy unbeatable access to the Brown and Red Lines, Clybourn Metra, I-90/94, and the countless parks, shops, restaurants, and nightlife that define Lincoln Park living.

Location

State IL

County Cook

Area Chi - Lincoln Park

Rooms

Basement None

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Spaces 2.0

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Vinyl Siding, No

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Prescott Elementary School

Middle Schools Prescott Elementary School

High Schools Lincoln Park High School

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Elizabeth Lothamer • Compass

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106