$700,000
( )
 $3,758 est/mo Sourced by Back At You

8155 S Marshfield Avenue,Chicago, IL 60620

Chicago, IL 60620

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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.

Details

MLS #12711687
Listing TypeFor Sale
StyleMulti Family 5+
Sub-TypeResale
StatusActive
Year1926
Days On Site71
Listing Provided By33 Realty | Brian Mond

Features

Story(s)4
Units18
Acreage0.17

Taxes

Tax Year2024
Tax Annual Amount15952.12

Area Information

StateIL
CountyCook
CityChicago
Zip Code60620
AreaCHI Auburn Gresham
Listing VS Median (in 60620)
Price:
$700,000
low | high
Med:
$239,950
100% of Average
On site:
71
low | high
Med:
15
100% of Average
Sourced by Back At You

Market Activity 60620

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60620
AreaCHI Auburn Gresham
Listing VS Median (in 60620)
Price:
$700,000
low | high
Med:
$239,950
100% of Average
On site:
71
low | high
Med:
15
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $525K - $875K
sqft: 0 - 0
Listing Updated: September 28, 2026 at 4:17:46 PM PDT