2616 N Marshfield Avenue, Chicago, IL 60614 - Photo 1

1/1

$1,725,000

Sold
Closed
Commercial
Updated 9 days ago

1/1

Property Description

A rare offering in a great East Lincoln Park location, 2616 N Marshfield is a fully occupied five-unit building consisting of four spacious 3-bedroom, 2-bath duplexes plus a separate coach house unit. These units consistently attract long-term tenants, and the building has a strong history of low vacancy. Each unit features thoughtful layouts, great natural light, and a blend of vintage character with practical updates. Priced below market, this is a true value-add opportunity. Whether you're looking to modernize interiors, increase rents, or reposition the asset entirely, there's meaningful upside here. Perfect for both seasoned investors and those looking to grow their portfolio in a high-demand pocket of the city..

Full Property Details

Full Property Details for 2616 N Marshfield Ave

General

Sold For: $1,725,000
Taxes: $19,620 (2023)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12648143
Added to Site: 135 day(s) ago

Location

Area: CHI - Lincoln Park
County: Cook
Driving Directions: Marshfield, One block North of Wrightwood
Location Details: In City Limits

Community

Assoc. Fees Include: None

Heating & Cooling

Cooling Type: Central Air Conditioning
Heating Type: Central Building Heat, Forced Air

Utilities

Water: Municipal Water
Onsite: Sewer Connected

Structural Information

Construction: Wood, Vinyl Siding
Exterior Const.: Wood, Vinyl Siding
Foundation: Concrete Perimeter
Roof: Composition
Stories/Levels: 3
Current Bldg. Use: Multi-Family
Year Built: 1893
Built Before 1978: Yes

Unit Information

Units w/Refrigerators: 5
Units w/Range/Oven: 5
# Dryers: 1

Lot Features

Lot Dimensions: 25 x 124
Frontage: City Street
Zoning: MULTI

Financial Considerations

Operating Expenses: $36,879
Assessment Year: 1893
Tax Amount: $19,620
Tax Year: 2023
Tenant Pays: Electricity, Heat

Disclosures and Reports

Property ID: 14304040470000

Listed by The Apartment Source
Sold by Non Member

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Schools

Schools serving 2616 N Marshfield Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Prescott Elementary School 1632 West Wrightwood Avenue, Chicago, IL 60614	PK-8	0 mi
Lincoln Park High School, Chicago, IL 2001 North Orchard Street, Chicago, IL 60614	9-12	1.4 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2616 N Marshfield Ave

Date

Details

Price

Change

Source

9/16/2026

Sold

$1,725,000

-6.71%

MLS

5/14/2026

Listed

$1,849,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
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2616 N Marshfield Avenue, Chicago, IL 60614 (MLS# 12648143) is a Commercial property that was sold at $1,725,000 on September 16, 2026. Want to learn more about 2616 N Marshfield Avenue? Do you have questions about finding other Commercial real estate for sale in Lincoln Park? You can browse all Lincoln Park real estate or contact a Coldwell Banker agent to request more information.

2616 N Marshfield Ave Chicago, IL 60614