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5118 S MARSHFIELD Avenue
Chicago IL 60609 US

$349,900

Active Under Contract Listing ID 12477563
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$349,900

Active Under Contract Listing ID 12477563
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5118 S MARSHFIELD Avenue Solid Greystone 5-Unit Building with Side Lot This solid greystone is a rare find, offering five total units with two apartments per floor and a spacious garden unit below. Each unit is generous in size and features hardwood floors throughout along with forced-air heating, giving tenants both comfort and style. The layouts are practical, open, and easy to rent, making this a smart investment that already sets itself apart. The property sits on a fenced, secure yard, adding peace of mind for both residents and owners. What makes this opportunity even more appealing is that it comes with a second lot included (PIN: 20074060300000 at 5116 S. Marshfield). That side lot offers endless potential-whether you use it for entertaining, outdoor gatherings, a private relaxation space, additional parking, or even consider future expansion. The total lot square footage reflects both parcels, giving you more land than the typical building in the area. For someone looking to live in the property, you could occupy one of the larger units and have the other four producing steady rental income to cover expenses and build equity. For a pure investor, this is a strong cash-flowing building with room to increase rents and maximize returns. The classic greystone construction is timeless and durable, adding long-term value to your portfolio. With five total units, hardwood floors in every apartment, modern forced-air systems, a secured yard, and a rare second lot included, this property checks all the boxes for both investors and owner-occupants who want more space, more income, and more opportunity. Buildings with this much potential, land, and flexibility don't come around often-and when they do, they don't last long.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Roof Type: Tar/Gravel

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 349900
  • unparsedaddress: 5118 S MARSHFIELD Avenue
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60609
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0
  • lotsizeunits: Acres
  • livingarea: 4870
  • livingareaunits: Square Feet
  • listagentfullname: Gustavo Ruvalcaba
  • listagentemail: gus@thegrgroup.net
  • listagentkey: 3yd-MREDIL-250398
  • listagentmlsid: 250398
  • listagentpreferredphone: 8885749405
  • listagentofficephone: 8885749405
  • listofficekey: 3yd-MREDIL-28114
  • listagentstatelicense: 475175238
  • listofficemlsid: 28114
  • disclaimer: Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1904
  • listingcontractdate: 2025-09-22
  • listagenturl: https://il.exprealty.com/
  • countyorparish: Cook
  • parcelnumber: 20074060310000
  • cooling: Central Air
  • numberofunitstotal: 5
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Tar/Gravel
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"gus@thegrgroup.net", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"il.broker@expreatly.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/a3021210a6cb11e290dc1231390c3dc2/20241220182434696.png", "ListBrokerageName":"eXp Realty, LLC", "ListBrokeragePhone":"(888) 574-9405", "ListBrokeragePostalCode":"60642", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":"#750", "ListBrokerageUnparsedAddress":"939 W North Ave", "ListBrokerageWebsiteUrl":"https://il.exprealty.com/", "ListOfficeAddress1":"15255 S. 94th Ave", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Orland Park", "ListOfficeCountry":"US", "ListOfficeEmail":"il.broker@exprealty.net", "ListOfficePostalCode":"60462", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale - Chicago, IL", "ListingURL":"https://listings.listhub.net/pages/MREDIL/12477563/?channel=rexren", "MLSModificationTimestamp":"2025-10-20T16:02:01Z", "Neighborhoods":[{"Description":null, "Name":"CHI - New City"}], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3221.55, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/20/2025 11:34:54 PM GMT
Source Updated Date: 12/6/2025 12:40:37 PM GMT

Courtesy of: Gustavo Ruvalcaba, eXp Realty, gus@thegrgroup.net

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.