4548 S Marshfield AVE Active Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60609
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12318419
Bedrooms 10
Year Built 1898
Annual Tax Amount $1,353
Tax Year 2022
Lot Size 3,049 Sqft
Property Sub-Type Two to Four Units
Property Description
This rare multi-unit brownstone in Chicago's thriving Back of the Yards neighborhood is an investor's dream! Offering four spacious 2-bedroom, 1-bathroom units, plus a janitor's room and a bonus apartment on the ground level, this property provides incredible income-generating potential. Whether you're looking to renovate for long-term tenants or convert into a high-yield rental, this is the perfect opportunity to build wealth through real estate. The property boasts a classic brick exterior, showcasing timeless Chicago architecture with large windows that bring in plenty of natural light. A fenced-in front yard adds privacy and curb appeal, while the spacious backyard provides room for outdoor seating, gardening, or additional storage. A rear porch and balconies for upper units give tenants their own outdoor space, a feature that increases desirability and rental value. Situated in a highly accessible location, this property is just minutes from local parks, schools, shopping centers, and public transportation. The CTA Orange Line and multiple bus routes are nearby, making commuting a breeze. With close proximity to major expressways (I-55 and I-90/94), tenants can easily reach downtown Chicago, making this an ideal location for city workers and students alike. The area is undergoing continued development, increasing property values and investment potential. While the building needs some work, it is truly a diamond in the rough, offering endless possibilities to restore, upgrade, and maximize rental income. Whether you're a seasoned investor or looking to break into the rental market, this property is a rare find with unmatched potential. Don't miss out-schedule a showing today and bring your vision to life!
Location
State IL
County Cook
Area Chi - New City
Interior
Heating Natural Gas
Exterior
Garage Spaces 2.0
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299 ,299, 299
Others
Special Listing Condition REO/Lender Owned