2443 N Marshfield Ave Chicago, IL 60614
West DePaul NeighborhoodEstimated payment $7,215/month
About This Home
Fantastic Investment Opportunity in Lincoln Park! Nestled on a charming, tree-lined street in one of Chicago's most sought-after neighborhoods, this exceptional four-unit property offers strong rental income and long-term value. The property consists of two buildings-a front building and a coach house-each thoughtfully updated and maintained over the past 15 years. Front Building: Unit 1: 1 bed / 1 bath, Unit 2: Spacious duplex-up with 4 beds / 2 baths and in-unit washer & dryer. Coach House (Rear): Two units, each with: 2 bed / 1 bath, large private deck. Upgrades & Features: Recent improvements include: new roof, windows, furnaces, water heaters, copper piping, appliances, bathrooms, kitchens, front fence, and brick paver patio. Dry, clean basement perfect for storage. Income producing coin-operated laundry for 3 units. Private outdoor space ideal for entertaining. Zoned for Prescott Elementary and Lincoln Park High School. Prime Location: Walk to grocery stores, top-rated restaurants, Starbucks, public transit, and expressways. Whether you're a seasoned investor or looking to live in one unit while renting out the others, this versatile, turnkey property is a rare find in Lincoln Park. Long term tenants, current rents are under market.
Listing Agent
@properties Christie's International Real Estate License #475139140 Listed on: 05/15/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,917
Year Built
- Built in 1891 | Remodeled in 2010
Home Design
- Wood Foundation
- Asphalt Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Potential Bedrooms
- 5 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Partial Basement
- Lot Dimensions are 25 x 125
Community Details
Overview
- 4 Units
Building Details
- Gross Income $88,200
- Net Operating Income $63,283
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | Pending | -- | -- | -- |
| 08/03/2025 08/03/25 | Price Changed | $1,075,000 | -4.4% | -- |
| 07/29/2025 07/29/25 | Price Changed | $1,125,000 | -2.2% | -- |
| 07/20/2025 07/20/25 | Price Changed | $1,150,000 | -2.1% | -- |
| 06/30/2025 06/30/25 | Price Changed | $1,175,000 | -1.7% | -- |
| 06/02/2025 06/02/25 | Price Changed | $1,195,000 | -6.3% | -- |
| 05/15/2025 05/15/25 | For Sale | $1,275,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12366644
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