3751 N Marshfield Ave

Chicago, IL 60613
  • $4,150,000

    Price
  • 0

    Bed
  • Bath
  • 15,449

    SqFt

About the Listing 86545 - 888802,187148

LAKEVIEW / WRIGLEYVILLE VALUE-ADD OPPORTUNITY! Investor's dream asset positioned on the corner of Marshfield & Grace in one of Chicago's most dynamic and high-demand neighborhoods. This impressive multi-family building currently features 13 units plus one additional non-conforming garden studio, totaling 14 spacious units. The diverse unit mix includes one, two, and three-bedroom apartments. The property offers an excellent value-add play with significant upside potential. Investors can realize high returns through strategic management, raising current below-market rents to market levels in existing condition, or improving to further maximize rental income via a cosmetic update to the units. Residents benefit from exceptional walkability to Wrigley Field, Lake Michigan, premier retail, and a vibrant dining scene along the Southport Corridor, Clark Street, and Addison Street. Transit access is superb, with the Addison and Sheridan CTA Red Line Stations, Irving Park and Addison Brown Line Stations and multiple bus stops just steps away. This is a stabilized asset with significant potential, capitalizing on a prime Lakeview location.

Listing Highlights for 3751 N Marshfield Ave

Status Active
Days on Site 1
Property Type Multi-Family
MLS ® 12515144
Year Built 1929
Total Square Footage 15,449
Lot/Acreage 0.14

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond: Window Unit(s)
  • Heating: Central Bldg Heat,Radiant
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 50x120
  • Zoning: MULTI
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $46,583
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 14192240010000
  • Tax Year: 2023

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3751 N Marshfield Ave Chicago, IL 60613

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Originating MLS: mred

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