Chicago, IL 60636 5656 S Marshfield Avenue
$565,000



17 more

















Presented By: M Property Group LLC
Home Details
Excellent opportunity to own a 8-unit multifamily property with lots of CashFlow. Separately metered utilities. The building features a mix of (4) units with 5 rooms, 2 beds, 1 bath and (4) units with 4 rooms, 2 beds, 1 bath, totaling 9 rooms, 16 bedrooms, and 8 full bathrooms. Gas furnaces and electric meters are separate for each unit, with tenants responsible for their own gas and electric. Back building includes a separate water heater, also paid by the tenant. Building electricity is minimal at approximately $30/month. All windows were replaced in 2016. Roof is approximately 15 years old. No central AC - window units provided by tenants. No garage on site. This is a well-structured property with great upside for investors seeking strong rental income and minimal landlord-paid utilities. *The property taxes do not represent a Homeowner Exemption.* Note: The units identified as: 5656 S Marshfield Ave (Units 1N & 2N), 5658 S Marshfield Ave (Units 1S & 2S), 1638 W 57th St (Units 1E & 2E), and 1640 W 57th St (Units 1W & 2W).
Presented By: M Property Group LLC
Interior Features for 5656 S Marshfield Avenue
Other Interior Features
Total Fireplaces
General for 5656 S Marshfield Avenue
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingNone
CountyCook
Current UseMulti-Family
DirectionsI-94 TO 55th ST {Garfield Exit } West Left onto Ashland Rt on 56 TH & RT on Marshfield 2 BLDG
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Gross Income
Insurance Expense5600
Lot Size Square Feet6092
MLS AreaCHI - West Englewood
MaintenanceExpense
ModificationTimestamp2025-10-03T16:29:02.763Z
Net Operating Income
Number Of Units Total8
Operating Expense0
PossessionClosing
Possible UseMulti-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofTar/Gravel
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount9705.35
Tax Year2023
Tenant PaysNone
TownshipLake
Trash Expense0
UtilitiesSewer Connected
Water Sewer Expense0
Year Built1909
ZoningMULTI
Exterior for 5656 S Marshfield Avenue
Building Area Total7788
Foundation DetailsBlock, Brick/Mortar, Stone
Frontage TypeCity Street
Lot Dimensions124 X 49
Lot Size Acres0.14
Water SourceMunicipal Water
Additional Details
Price History

SQFT • 7,788