1246 S Fairfield Ave

Chicago, IL 60608
  • $899,900

    Price
  • 9

    Bed
  • 6

    Bath

About the Listing 12604 - 128522

Opportunity knocks in this gut-rehabbed three-flat that delivers turnkey cash flow just minutes from the Illinois Medical District and a quick commute to downtown Chicago. This combination keeps this property in steady demand from a strong mix of mid-term and long-term tenants and generates $9,350 in monthly income. Every unit has been renovated to the same standard: 3 bedrooms, 2 full bathrooms, open floor plans, hardwood floors, and abundant natural light throughout. Oversized living and dining areas suit both daily living and entertaining, while the modern kitchens feature stainless steel appliances, soft-close cabinetry, quartz countertops, and a breakfast bar. All three units come equipped with brand new 4-piece appliance packages. Primary suites offer generous closet space and a contemporary en-suite bath with a European-style shower. Major systems have been fully updated for peace of mind, including a brand new sewer line, sump pump, and ejector pit, along with a new fence along the south elevation. In-unit laundry and three exterior tandem parking spaces complete the offering. With its proximity to the Cinespace, Illinois Medical District, St. Anthony Hospital, Mount Sinai Hospital, the West Loop, and easy access to I-290 and I-55, this property pairs stabilized income with an excellent location.

Listing Highlights for 1246 S Fairfield Ave

Status Active
Days on Site 18
Property Type Multi-Family
MLS ® 12756675
Year Built 1893
Lot/Acreage 25 X 130
County Cook
School District 299

Interior Details

  • Bedrooms: 9
  • Bathrooms: 6 Full
  • Appliances: CO Detectors,Ceiling Fan(s),Sump Pump,Multiple Water Heaters
  • Air Cond:
  • Heating: Natural Gas,Forced Air
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Lake Michigan,Public

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 6
  • Lot Dimensions: 25 X 130
  • Zoning: MULTI
  • Roof: Flat
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Off Alley,Alley Access,Oversized,Yes,Owned

Financial Details

  • Tax Amount: $6,433
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 16242060450000
  • Tax Year: 2025

Payment Calculator

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Listing Location

Questions About..

1246 S Fairfield Ave Chicago, IL 60608

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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