Seller's Agent in 2025
Elizabeth Lothamer
Compass
(773) 655-5344
6 in this area
279 Total Sales
2512 N Marshfield Ave Chicago, IL 60614
West DePaul Neighborhood
8
Beds
4
Baths
2,179
Sq Ft
--
Built
Highlights
- 2 Car Detached Garage
- Patio
- 3-minute walk to Schaefer Park
- Prescott Elementary School Rated A-
About This Home
As of October 2025Fantastic, fully leased 3-Flat tucked away on charming Marshfield Street in the heart of Lincoln Park. A complete curb appeal upgrade with a fully rebuilt front porch, metal fence, new gate, all new concrete retaining wall and refreshed exterior lighting + landscaping. This turn-key property features three thoughtfully updated units generating strong rental income with room for growth and low operating expenses. Each unit includes modern kitchens, hardwood floors, in-unit laundry, and central air for today's lifestyle. The top-floor unit shines with 3 bedrooms, 2 full baths, and a versatile additional space-perfect for a home office or second living area. The first-floor unit offers a spacious 3 bed/1 bath layout, while the second floor features a bright and comfortable 2 bed/1 bath. Gas and electric are separately metered, giving added flexibility for owners and tenants alike. Outside, enjoy a private, fenced-in backyard-a rare luxury in the city-ideal for relaxing, entertaining, or gardening. The detached two-car garage with alley access provides valuable storage and everyday convenience. Situated in the highly desirable Lincoln Park School District, with access to top-rated Prescott Elementary and Lincoln Park High School. Whether you're looking to house-hack or add a high-performing multi-unit to your portfolio, this place checks all the boxes. Rental income has increased year-over-year, with the most recent adjustments already in place, positioning this asset for continued appreciation and reliable cash flow. Enjoy unbeatable access to the Brown and Red Lines, Clybourn Metra, I-90/94, and the countless parks, shops, restaurants, and nightlife that define Lincoln Park living.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,664
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Asphalt Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 4 Bathrooms
Schools
- Prescott Elementary School
- Lincoln Park High School
Additional Features
- Patio
- Lot Dimensions are 25x125
- Heating System Uses Natural Gas
Community Details
Overview
- 3 Units
Building Details
- Electric Expense $1,340
- Insurance Expense $5,370
- Maintenance Expense $4,000
- Gross Income $102,600
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/27/2025 10/27/25 | Sold | $1,150,000 | -4.2% | $528 / Sq Ft | |
| 09/10/2025 09/10/25 | Pending | -- | -- | -- | |
| 09/05/2025 09/05/25 | For Sale | $1,199,900 | +38.7% | $551 / Sq Ft | |
| 11/06/2023 11/06/23 | Sold | $865,000 | -2.8% | $397 / Sq Ft | View Prior Sale |
| 10/05/2023 10/05/23 | Pending | -- | -- | -- | |
| 09/28/2023 09/28/23 | For Sale | $890,000 | 0.0% | $408 / Sq Ft | |
| 09/20/2023 09/20/23 | Pending | -- | -- | -- | |
| 09/18/2023 09/18/23 | For Sale | $890,000 | -- | $408 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,664 | $78,000 | $39,000 | $39,000 |
| 2024 | $14,664 | $78,000 | $39,000 | $39,000 |
| 2023 | $14,295 | $69,501 | $39,063 | $30,438 |
| 2022 | $14,295 | $69,501 | $39,063 | $30,438 |
| 2021 | $13,976 | $69,500 | $39,062 | $30,438 |
| 2020 | $11,980 | $53,779 | $17,500 | $36,279 |
| 2019 | $12,006 | $59,755 | $17,500 | $42,255 |
| 2018 | $11,804 | $59,755 | $17,500 | $42,255 |
| 2017 | $8,519 | $39,572 | $15,625 | $23,947 |
| 2016 | $8,223 | $41,054 | $15,625 | $25,429 |
| 2015 | $8,617 | $47,024 | $15,625 | $31,399 |
| 2014 | $9,975 | $53,762 | $12,500 | $41,262 |
| 2013 | $9,778 | $53,762 | $12,500 | $41,262 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Lothamer
-
Kellie Kintigh
Seller Co-Listing Agent in 2025
Kellie Kintigh
Compass
(773) 595-6842
1 in this area
43 Total Sales
-
Mital Patel
M
Buyer's Agent in 2025
Mital Patel
Charles Rutenberg Realty
(630) 929-1100
1 in this area
1 Total Sale
-
Anne Rossley
Seller's Agent in 2023
Anne Rossley
Baird Warner
(773) 620-5333
1 in this area
113 Total Sales
-
D
Seller Co-Listing Agent in 2023
David Davenport
Baird Warner
-
Marzena Frausto
M
Buyer's Agent in 2023
Marzena Frausto
Redfin Corporation
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12464228
APN: 14304070510000
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Based on information submitted to the MLS GRID
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