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$1,849,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • Updated 5 days ago
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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 for 2616 N Marshfield Ave

General

  • Price: $1,849,000
  • HOA FEE: $6,000
  • Taxes: $19,620 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12648143
  • Updated: 5/14/2026
  • Added to Site: 5 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
  • Trash: 763
  • 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

  • Maint. Fee: $6,000
  • Insurance Fee: $4,939
  • Operating Expenses: $36,879
  • Other Fee: $1,000
  • Assessment Year: 1893
  • Tax Amount: $19,620
  • Tax Year: 2023
  • Tenant Pays: Electricity, Heat
  • Pays Electric: 1921
  • Pays Trash: 763

Disclosures and Reports

  • Property ID: 14304040470000

Listed by The Apartment Source

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Listing agents

— 2616 N Marshfield Ave —

  • The Apartment Source

  • The Apartment Source

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 2616 N Marshfield Ave

School District:Chicago Public School District 299
NameGradesDistance
Prescott Elementary School
1632 West Wrightwood Avenue, Chicago, IL 60614
PK-80 mi
Lincoln Park High School, Chicago, IL
2001 North Orchard Street, Chicago, IL 60614
9-121.4 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/14/2026
Listed
$1,849,000
111.56%
MLS
6/24/2004
Sold
$874,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2616 N Marshfield Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$18,399
—
$122,025
40%
2023
$18,399
-6%
$87,205
-9%
2022
$19,620
-4%
$95,389
-7%
2021
$20,527
32%
$102,079
47%
2020
$15,500
-6%
$69,579
-15%
2019
$16,487
2%
$82,062
—
2018
$16,210
-5%
$82,062
3%
2017
$17,130
-7%
$79,574
-13%
2016
$18,423
9%
$91,980
—
2015
$16,855
-12%
$91,980
-11%
2014
$19,121
2%
$103,058
—
2013
$18,744
1%
$103,058
—
2012
$18,493
—
$103,058
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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2616 N Marshfield Avenue, Chicago, IL 60614 (MLS# 12648143) is a Commercial property. 2616 N Marshfield Avenue is currently listed for $1,849,000 and was received on May 14, 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.

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