Date
Details
Price
Change
Source
1/08/2026
Listed
$1,000,000
—
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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1/28
$1,000,000
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Property Description
Welcome home to a legal, 5-unit building and situated on a purely residential, tree-lined street in an incredible area! You are literally next door to Prescott Elementary, which received an "Exemplary" designation from the Illinois State Board of Education, and you are just a few minutes away from all of Lincoln Park's action! This building has several strategies: a) you can rehab all of the units and live in one of them, b) you can rehab all of the units and then rent them or c) you can tear down the existing structures and build another beautiful building and collect top, top dollar in rents. Furthermore, there are three apartments in the front building and there are two apartments in the rear building. The three front facing units consist of 2-bedroom, 1-bathroom units with a functional floor plan. The two rear facing units are also 2-bedroom, 1-bathroom units. All tenants are on a month-to-month lease. The building and the area is a: gem. Easy to show. A 10! Note: This property is zoned RS-3 and it is classified as legal, non-conforming building with five legal units.
Full Property Details
Full Property Details for 2621 N Marshfield Ave
General
- Price: $1,000,000
- Taxes: $24,815 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12543908
- Updated: 1/14/2026
- Added to Site: 9 day(s) ago
Interior
- Basement: Unfinished
Location
- Area: CHI - Lincoln Park
- County: Cook
- Township: Lake View
- Driving Directions: Head north on Ashland Avenue and then go west on Wrightwood Avenue and then north on Marshfield Avenue
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Gas, Wall Unit
Utilities
- Onsite: Sewer Connected, Water Available
Structural Information
- Construction: Wood, Other, Aluminum Siding, Vinyl Siding, Steel Siding
- Exterior Const.: Wood, Other, Aluminum Siding, Vinyl Siding, Steel Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Concrete Perimeter
- Roof: Composition
- Stories/Levels: 3
- Square Feet: 3,511
- Current Bldg. Use: Multi-Family
- Year Built: 1891
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 5
- Units w/Range/Oven: 5
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,912
- Lot Dimensions: 23.25 x 124.56
- Frontage: City Street, Alley Access
- Potential Use: Multi-Family
Financial Considerations
- Assessment Year: 1891
- Tax Amount: $24,815.51
- Tax Year: 2024
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Property ID: 14304050340000
Listed by Peter Drossos Real Estate
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— 2621 N Marshfield Ave —
Peter Drossos Real Estate
NMLS#: 1598647
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Schools
Schools serving 2621 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2621 N Marshfield Ave
Tax History
Tax History for 2621 N Marshfield Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$17,099
3%
$81,044
—
2022
$16,669
-5%
$81,044
-7%
2021
$17,543
24%
$87,241
37%
2020
$14,186
—
$63,678
-10%
2019
$14,215
2%
$70,753
—
2018
$13,976
6%
$70,753
-10%
2017
$13,143
-19%
$78,224
-3%
2016
$16,170
9%
$80,735
—
2015
$14,794
12%
$80,735
13%
2014
$13,231
2%
$71,313
—
2013
$12,970
-14%
$71,313
-15%
2012
$15,073
—
$83,995
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2621 N Marshfield Ave
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 1Total Bath
- 1,110Sq. Ft.
- Single Family
- Active
- Updated 6 hours ago
- 5Beds
- 3Total Baths
- 1,738Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 2Total Baths
- 1,381Sq. Ft.
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- Single Family
- Active
- Updated 22 hours ago
- 4Beds
- 2Total Baths
- 1,700Sq. Ft.
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- Multi-Family
- Closed
- Updated 8 days ago
- 4Total Beds
Listed by Betsy Green
2621 N Marshfield Avenue, Chicago, IL 60614 (MLS# 12543908) is a Commercial property. 2621 N Marshfield Avenue is currently listed for $1,000,000 and was received on January 08, 2026. Want to learn more about 2621 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.