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827 N Marshfield Avenue Chicago, IL 60622
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Key Details
Sold Price $1,180,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11742525
Sold Date 06/28/23
Year Built 1900
Annual Tax Amount $21,444
Tax Year 2021
Lot Dimensions 25' X 130'
Property Description
827 N. Marshfield is located in the West Town neighborhood of Chicago and consists of 5 nicely updated apartments. The property consists of two structures. The front building is made up of two 2-bedroom units and one 3bedroom unit. The rear building is made up of two 1-bedroom units. The units have all be updated to a consistent level of finish. 827 Marshfield is conveniently located near the intersection of Chicago Avenue and Ashland Avenue. This location offers tenants proximity to a variety of shopping, dining and transportation options that make this a desirable rental location. This offer presents a new owner with an opportunity to acquire a well maintained building in a highly sought after and convenient location. Due to the below market rents, the buyer will have the opportunity to increase cash flow and generate a high return by implementing a more aggressive leasing and management strategy.
Location
State IL
County Cook
Interior
Fireplace N
Exterior
View Y/N true
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Bought with Young Kang • Partners 4U Realty Inc
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