3751 N Marshfield Avenue
Chicago, IL, 60613
$4,150,000
9 Beds
6 Baths
0 SqFt
0.13 Acres
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$4,150,000
3751 N Marshfield Avenue
Chicago, IL, 60613
MLS #MRD12515144 image #0MLS #MRD12515144 image #1MLS #MRD12515144 image #2MLS #MRD12515144 image #3MLS #MRD12515144 image #4MLS #MRD12515144 image #5MLS #MRD12515144 image #6MLS #MRD12515144 image #7MLS #MRD12515144 image #8MLS #MRD12515144 image #9MLS #MRD12515144 image #10
LAKEVIEW / WRIGLEYVILLE VALUE-ADD OPPORTUNITY! Investor’s dream asset positioned on the corner of Marshfield & Grace in one of Chicago’s most dynamic and high-demand neighborhoods. This impressive multi-family building currently features 13 units plus one additional non-conforming garden studio, totaling 14 spacious units. The diverse unit mix includes one, two, and three-bedroom apartments. The property offers an excellent value-add play with significant upside potential. Investors can realize high returns through strategic management, raising current below-market rents to market levels in existing condition, or improving to further maximize rental income via a cosmetic update to the units. Residents benefit from exceptional walkability to Wrigley Field, Lake Michigan, premier retail, and a vibrant dining scene along the Southport Corridor, Clark Street, and Addison Street. Transit access is superb, with the Addison and Sheridan CTA Red Line Stations, Irving Park and Addison Brown Line Stations and multiple bus stops just steps away. This is a stabilized asset with significant potential, capitalizing on a prime Lakeview location.

Property Details

Price:
$4,150,000
MLS #:
MRD12515144
Status:
Active
Beds:
9
Baths:
6
Type:
Commercial
Neighborhood:
chilakeview
Listed Date:
Nov 11, 2025
Total Sq Ft:
15,449
Lot Size:
6,028 sqft / 0.13 acres (approx)
Year Built:
1929
Chi – Lake ViewChilakeview

Schools

Interior

Cooling
Window Unit(s)

Exterior

Construction Materials
Brick

Financial

Maintenance Fee
$7,357
Net Operating Income
$170,890
Tax Year
2023
Taxes
$46,583
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Dec 04, 2025
1,063
Commercial Listed
179
Avg DOM
152
Avg $ / SqFt
$1,066,725
Avg List Price

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Property Summary

    3751 N Marshfield Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60613. It is listed for $4,150,000 To schedule a showing of MLS#mrd12515144 at 3751 N Marshfield Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
3751 N Marshfield Avenue
Chicago, IL