Address
8155 S Marshfield Avenue, Chicago, IL
Price
$ 700,000
Property Attributes
  • MLS#12711687
  • TypeMulti-Family
  • Listing Status Active
  • CountyCOOK
  • CityChicago
  • AreaCHI - Auburn Gresham
  • NeighborhoodAuburn Gresham
  • Zip60620
  • Style
  • Year Built1926
  • Taxes$ 15952
  • Price$ 700,000
  • Bedrooms1
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Fully vacant 18-unit building available at $700K, roughly $39K/unit. Property was involved in a fire and is now offered for a complete gut rehab, giving buyer full control over scope, finishes, and systems from day one. All units carry a 1-bedroom, 1-bathroom unit mix layout. Located near 82nd and Ashland in Auburn Gresham, the property is minutes from the 90/94 Expressway for fast access downtown and throughout the South Side. CTA bus service runs right through the area, and Dan Ryan Woods and Foster Park are both close by for green space and recreation. The neighborhood's retail corridors along Ashland and 79th Street keep daily conveniences within easy reach. With no tenants in place, a buyer can move straight into construction without the delays of relocation or lease buyouts. Auburn Gresham continues to see steady rental demand from its base of long-term residents and workforce tenants, making this a strong candidate for a full reposition into a modern, amenity-ready building. Bring your GC and your plan, this one's ready to go from the studs up.

Price History
7/21/2026 Listed $700,000

General Features

Year Built 1926
Stories Count 4
Tax Year 2024
County Cook
Property Type Commercial Sale
Status Active
Directions Starting from downtown Chicago,take I-90/I-94 East toward Indiana. Take the 79th Street exit and head west on W. 79th Street. Continue for approximately 1.5 miles,then turn left onto S. Marshfield Av
City Chicago
Number Of Units Total 18
MLS Area CHI - Auburn Gresham
Tax Annual Amount 15952.12
Additional Parcels Y/N No
Standard Status Active
Property Type Multi Family 5+

Exterior Features

Lot Dimensions 60x125

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60620

Price
AVG $420K
$700K
Taxes
AVG $5,789
$15,952
Year Built
AVG 1929
1926
Visits
AVG 202
138
Data Provided by Inside Real Estate®

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