5656 S Marshfield Avenue, Chicago, IL 60636

Active · For Sale · Multi Family 5+

$565,000

5656 S Marshfield Avenue, Chicago, IL 60636

Units
8
Price / Unit
$70,625
Est. Cap Rate
18.92%
Est. GRM
4.83

Property Overview

Welcome to 5656 W Marshfield, a well-maintained multi-family property offering a fantastic opportunity for both investors and owner-occupants. This property features 8 units with spacious layouts, abundant natural light, and functional floor plans designed for comfortable living. Each unit offers well-sized bedrooms, bright living areas, and kitchens with ample cabinet space, making it ideal for long-term tenants or extended family living. The property provides strong income potential while also allowing the option to live in one unit and rent out the others. Situated on a generous lot, the exterior offers space for outdoor enjoyment and added convenience. Located near schools, parks, shopping, and public transportation, this property combines accessibility with neighborhood appeal-an excellent addition to any portfolio. 7800 finished sqft. All units on 5656 S Marshfield updated 2016. All units on 1638 W 57th updated 2023. New roof installed 2016.

Investor Resource

Property Intelligence

Financial Snapshot

Reported Annual Income
$117,000
Reported Annual Expenses
$10,080
Estimated NOI
$106,920
Estimated Cap Rate
18.92%
Estimated GRM
4.83
Annual Taxes
$9,705 (2025)

Property Details

Units
8
Lot Dimensions
124 X 49
Stories
2
Year Built
1909
Building Age
Older
Parcel Number
20182140450000

Operations & Utilities

Heating
Gas

Location & Use

County
Cook
Market Area
Chicago - West Englewood

Reported figures come from the listing source. When shown, estimated NOI and cap rate use reported income and expenses; estimated GRM uses asking price and reported income. All figures should be independently verified.