$1,000,000

2621 N Marshfield Avenue, Chicago, IL 60614

  • 3,511 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1891
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $285/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

WE ARE IN A MULTIPLE OFFER SITUATION. ALL HIGHEST-AND-BEST OFFERS ARE DUE BY 5 PM ON TUESDAY, JANUARY 20, 2026. 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 a legal, non-conforming building with five legal units.

Listing Status:
Active
Data Last Updated:
February 14, 2026 at 7:19AM
Listing Office:
Peter Drossos Real Estate : 773-593-5626
Listing Agent:
Peter Drossos : 773-593-5626
MLS ID:
12543908
  • Basement: Unfinished
  • A/C: Window Unit(s)
  • Fireplace: Fireplaces: 0
  • Roofing: Composition
  • General: Concrete Perimeter
  • Road/Access: City StreetAlley Access
  • HOA Amenities: None
  • Originating MLS: mred
  • County: Cook
  • Zoning: 14304050340000
  • Current Use: Multi-Family
  • Utilities: Sewer ConnectedWater AvailableCircuit Breakers
  • Source: mred

This listing courtesy of Peter Drossos , Peter Drossos Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Prescott Elementary School

1632 W Wrightwood Ave, Chicago, IL, 60614

Grades PK-8

0.02 miles away

P

Prescott Elementary School

1632 W Wrightwood Ave, Chicago, IL, 60614

Grades PK-8

0.02 miles away

A

Alcott College Preparatory

2957 N Hoyne Ave, Chicago, IL, 60618

Grades 9-12

0.71 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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