2512 Marshfield Avenue, Lincoln Park, Chicago, Illinois 60614
$1,199,900
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For Sale
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| Status: | Contingent |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | — |
| Property Taxes: | $14,664 |
| Days On Market: | 49 |
| Lot Size: | 0,00 |
Description
Fantastic, 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 Specifics
| Multi-unit | |
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| No | |
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| Cook | |
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| 12464228 | |
| 14304070510000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
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Grade School
Prescott Elementary School |
299 | — | |
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Middle School
Prescott Elementary School |
299 | Not in DB | |
|
High School
Lincoln Park High School |
299 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 6 Nov, 2023 | Sold | $865,000 | MRED MLS |
| 5 Oct, 2023 | Under contract | $890,000 | MRED MLS |
| 18 Sep, 2023 | Listed for sale | $890,000 | MRED MLS |
| 10 Sep, 2025 | Under contract | $1,199,900 | MRED MLS |
| 5 Sep, 2025 | Listed for sale | $1,199,900 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Dimensions: —
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Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
| 2 | |
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| 25X125 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2023 | $13,976 |
| 2025 | $14,664 |
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