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$700,000
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Property Description
Fully vacant 18-unit building available at $700K, roughly $39K/unit. Property was involved in a fire and is now offered for a complete gut rehab, giving buyer full control over scope, finishes, and systems from day one. All units carry a 1-bedroom, 1-bathroom unit mix layout. Located near 82nd and Ashland in Auburn Gresham, the property is minutes from the 90/94 Expressway for fast access downtown and throughout the South Side. CTA bus service runs right through the area, and Dan Ryan Woods and Foster Park are both close by for green space and recreation. The neighborhood's retail corridors along Ashland and 79th Street keep daily conveniences within easy reach. With no tenants in place, a buyer can move straight into construction without the delays of relocation or lease buyouts. Auburn Gresham continues to see steady rental demand from its base of long-term residents and workforce tenants, making this a strong candidate for a full reposition into a modern, amenity-ready building. Bring your GC and your plan, this one's ready to go from the studs up.
Full Property Details
Full Property Details for 8155 S Marshfield Ave
General
- Price: $700,000
- Taxes: $15,952 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12711687
- Updated: 7/27/2026
- Added to Site: 17 day(s) ago
Location
- Area: CHI - Auburn Gresham
- County: Cook
- Driving Directions: Starting from downtown Chicago, take I-90/I-94 East toward Indiana. Take the 79th Street exit and head west on W. 79th Street. Continue for approximately 1.5 miles, then turn left onto S. Marshfield Avenue. Continue south for about two blocks. The property at 8155 S. Marshfield Avenue will be on your right.
Heating & Cooling
- Heating Type: Radiant
Structural Information
- Stories/Levels: 4
- Year Built: 1926
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 60 x 125
Financial Considerations
- Assessment Year: 1926
- Tax Amount: $15,952.12
- Tax Year: 2024
Disclosures and Reports
- Property ID: 20312230170000
Listed by 33 Realty
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Schools
Schools serving 8155 S Marshfield Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Joplin Elementary School 7931 South Honore Street, Chicago, IL 60620 | K-8 | 0.4 mi |
Hirsch Metropolitan High School 7740 South Ingleside Avenue, Chicago, IL 60619 | 9-12 | 3.3 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 8155 S Marshfield Ave
Date
Details
Price
Change
Source
7/21/2026
Listed
$700,000
-34.88%
MLS
2/27/2024
Sold
$1,075,000
—
Public Record
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
Tax History for 8155 S Marshfield Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$16,371
—
$79,400
2%
2023
$16,371
3%
$77,590
—
2022
$15,959
2%
$77,590
—
2021
$15,603
20%
$77,590
33%
2020
$13,033
11%
$58,503
—
2019
$11,754
2%
$58,503
—
2018
$11,556
-5%
$58,503
3%
2017
$12,222
7%
$56,775
—
2016
$11,371
38%
$56,775
26%
2015
$8,246
-22%
$45,000
-21%
2014
$10,575
2%
$56,996
—
2013
$10,366
1%
$56,996
—
2012
$10,228
—
$56,996
—
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 8155 S Marshfield Ave
8155 S Marshfield Avenue, Chicago, IL 60620 (MLS# 12711687) is a Commercial property. 8155 S Marshfield Avenue is currently listed for $700,000 and was received on July 21, 2026. Want to learn more about 8155 S Marshfield Avenue? Do you have questions about finding other Commercial real estate for sale in Auburn Gresham? You can browse all Auburn Gresham real estate or contact a Coldwell Banker agent to request more information.

