5118 S Marshfield Ave

Chicago, IL 60609
  • $349,900

    Price
  • 0

    Bed
  • Bath
  • 4,870

    SqFt

About the Listing 28114 - 250398

Solid Greystone 5-Unit Building with Side Lot This solid greystone is a rare find, offering five total units with two apartments per floor and a spacious garden unit below. Each unit is generous in size and features hardwood floors throughout along with forced-air heating, giving tenants both comfort and style. The layouts are practical, open, and easy to rent, making this a smart investment that already sets itself apart. The property sits on a fenced, secure yard, adding peace of mind for both residents and owners. What makes this opportunity even more appealing is that it comes with a second lot included (PIN: 20074060300000 at 5116 S. Marshfield). That side lot offers endless potential-whether you use it for entertaining, outdoor gatherings, a private relaxation space, additional parking, or even consider future expansion. The total lot square footage reflects both parcels, giving you more land than the typical building in the area. For someone looking to live in the property, you could occupy one of the larger units and have the other four producing steady rental income to cover expenses and build equity. For a pure investor, this is a strong cash-flowing building with room to increase rents and maximize returns. The classic greystone construction is timeless and durable, adding long-term value to your portfolio. With five total units, hardwood floors in every apartment, modern forced-air systems, a secured yard, and a rare second lot included, this property checks all the boxes for both investors and owner-occupants who want more space, more income, and more opportunity. Buildings with this much potential, land, and flexibility don't come around often-and when they do, they don't last long.

Listing Highlights for 5118 S Marshfield Ave

Status Active
Days on Site 10
Property Type Multi-Family
MLS ® 12477563
Year Built 1904
Total Square Footage 4,870
Lot/Acreage 0.14

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Forced Air,Gas
  • Fireplaces: 0
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Unfinished
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 50X125
  • Zoning: MULTI
  • Roof: Tar/Gravel
  • Others:
  • Sewer:
  • Parking Features: 1-5 Spaces,None On Site

Financial Details

  • Tax Amount: $3,222
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 20074060310000
  • Tax Year: 2023

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Listing Location

Questions About..

5118 S Marshfield Ave Chicago, IL 60609

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Originating MLS: mred

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