8012 South Marshfield, Chicago IL 60620
$289,000

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Property Description

Investor opportunity at 8012 S Marshfield! This legal brick 3-unit features classic Chicago architecture, distinctive front bay windows and solid value-add potential in a fast-moving multifamily market. The property has been fully cleaned out, giving the next owner a clearer path to begin renovations. The garage has also received extensive repairs and improvements. The basement offers additional upside, featuring 87-inch ceiling height with both front and rear egress already in place. Offered at $299,000, with a projected ARV of $530,000. Whether the strategy is to renovate and resell or reposition as a four-income-unit rental property, the spread is here. Bring your contractor, run your numbers and move quickly-well-priced brick multifamily opportunities are not sitting around waiting for committee approval. Sold as-is. No known building violations.

Features & Information

Key Details

  • List Price $289,000
  • Property Taxes $3,942
  • Price/ Sq. Ft. Unavailable
  • Year Built 1924
  • Parking Type Garage
  • Status Price Change

Rooms

  • Total Rooms 15
  • Basement F

Exterior Features

  • Parking

  • Parking Details Garage
  • # of Cars:  2

Building Information

  • Number of Units 3
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Heating & Cooling Radiant
  • Units

  • Unit 1 None
  • Unit 2 None
  • Unit 3 None

Location

  • County Cook
  • Township Lake
  • Corporate Limits Chicago
  • Directions to Property Ashland N/s To 81st West To Marshfield North To Address
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 3942
  • Tax Year 2023
  • Parcel Identification Number 20312140230000

Utilities

  • Sewer Sewer-Publ

Listed by: Redefined Realty & Management | Phone: 815.814.3287
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 7/30/2026 8:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Gresham

The heart of the south side of Chicago, Gresham is a neighborhood in transition with a bright future ahead and a rich history behind it. Community groups and public parks are on the front lines of revitalization. Providing a place for Gresham residents of all ages to participate in sports and be active, the neighborhood parks offer numerous programs and even a 12-lane bowling alley – to cover every recreational interest. Adult social clubs, teen groups and day camps for kids all encourage community bonding and are a great way to meet the neighbors. Some of the park facility programs focus on personal fitness with aquatic exercise classes and workout centers, but mostly the Chicago Park District works to supply places where Gresham residents can hangout and have fun with fellow community members.

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