3751 N Marshfield Ave | Chicago, IL 60613
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3751 N Marshfield Ave
Chicago, IL 60613
Multifamily Property For Sale · 14 Units
INVESTMENT HIGHLIGHTS
- Family Neighborhood
- Exposed Brick Walls
- Food, Retail Within Walking Distance
- Public Transportation Easily Accessible
EXECUTIVE SUMMARY
This gorgeous 14-unit building in the heart of Lakeview stands out for its clean lines and a great location. Located on the corner of Grace & Marshfield offers boosts an updated roof, newer windows, and an excellent value add opportunity with high upside. The location of this building is one block from Ashland Avenue in a neighborhood that is perfect for almost any type of tenant. The masonry-constructed building with brick veneer that was built in 1929 has stood the test of time and allowed it to become a classic neighborhood structure. Located across from a park and walking distance to everything you'll need as a resident.
Originally built in 1914 for Federal Leagues Chicago Whales, Wrigley Field is one the oldest still-operating stadiums in the MLB. It was renamed Wrigley Field in 1926 by then-owner William Wrigley Jr., a chewing gum manufacturer. Of course, there's more to Lakeview than baseball. From the luxury high-rise apartments along Lake Shore Drive to the tree-filled streets and single-family homes in Graceland West, there's something for everyone in Lakeview. This large neighborhood consists of several smaller enclaves, including Wrigleyville, Boys town, and North Halsted. Lakeview features several theaters, such as the Music Box Theater and the Playground Theater, as well as music venues and shops. On the south end of the neighborhood, Lincoln Park is home to the Lincoln Park Zoo, a nine-hole golf course, a dog beach, and jogging trails.
Originally built in 1914 for Federal Leagues Chicago Whales, Wrigley Field is one the oldest still-operating stadiums in the MLB. It was renamed Wrigley Field in 1926 by then-owner William Wrigley Jr., a chewing gum manufacturer. Of course, there's more to Lakeview than baseball. From the luxury high-rise apartments along Lake Shore Drive to the tree-filled streets and single-family homes in Graceland West, there's something for everyone in Lakeview. This large neighborhood consists of several smaller enclaves, including Wrigleyville, Boys town, and North Halsted. Lakeview features several theaters, such as the Music Box Theater and the Playground Theater, as well as music venues and shops. On the south end of the neighborhood, Lincoln Park is home to the Lincoln Park Zoo, a nine-hole golf course, a dog beach, and jogging trails.
PROPERTY FACTS
Price Per Unit | $431,273 CAD | Apartment Style | Mid Rise |
Sale Type | Investment | Building Class | C |
Cap Rate | 8.94% | Lot Size | 0.14 AC |
No. Units | 14 | Building Size | 18,000 SF |
Property Type | Multifamily | No. Stories | 4 |
Property Subtype | Apartment | Year Built | 1929 |
Price Per Unit | $431,273 CAD |
Sale Type | Investment |
Cap Rate | 8.94% |
No. Units | 14 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | C |
Lot Size | 0.14 AC |
Building Size | 18,000 SF |
No. Stories | 4 |
Year Built | 1929 |
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
1+1 | 4 | - | 1,000 |
2+1 | 6 | - | 1,200 |
3+1 | 2 | - | 1,200 - 1,250 |
3+2 | 1 | - | 1,650 |
4+2 | 1 | - | 1,800 |
PROPERTY TAXES
Parcel Number | 14-19-224-001-0000 | Improvements Assessment | $233,453 CAD |
Land Assessment | $133,854 CAD | Total Assessment | $367,307 CAD |
PROPERTY TAXES
Parcel Number
14-19-224-001-0000
Land Assessment
$133,854 CAD
Improvements Assessment
$233,453 CAD
Total Assessment
$367,307 CAD
ZONING
Zoning Code | RS-3 (Residential Single-Unit District) |
RS-3 (Residential Single-Unit District) |
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