1851 N Fairfield Ave

Chicago, IL 60647
  • $890,000

    Price
  • 5

    Bed
  • 3

    Bath

About the Listing 26910 - 219301

Wonderful fully rented three-flat in a highly sought-after neighborhood offering immediate income with significant upside potential. Current rents are below market, providing an excellent opportunity for increased cash flow and future value growth. Ideally located just steps from the 606 Trail and within walking distance of the CTA Western Blue Line, with convenient access to I-90/94, this property is positioned in one of Chicago's most desirable rental markets. The building has been well maintained and features numerous updates throughout. Each unit is separately metered and equipped with its own gas-forced air furnace, central air conditioning, and water heater. All units include granite countertops, refrigerator, oven/range, dishwasher, and microwave. Units 1 and 2 feature hardwood flooring, while the garden unit offers durable epoxy floors. Additional income is generated by the detached two-car brick garage, currently leased separately for $350 per month. Residents also enjoy front and rear outdoor spaces, along with on-site Speed Queen commercial laundry featuring a convenient cashless mobile payment system. A turnkey investment opportunity in a premier Chicago neighborhood with strong rental demand and excellent long-term appreciation potential.

Listing Highlights for 1851 N Fairfield Ave

Status Active
Days on Site 18
Property Type Multi-Family
MLS ® 12770505
Year Built 1875
Lot/Acreage 25x126
County Cook
School District 299

Interior Details

  • Bedrooms: 5
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas,Forced Air
  • Fireplaces:
  • Floor:
  • Basement: Finished,Partial
  • Other:
  • Water: Lake Michigan

Exterior Details

  • Garage Capacity: 2 car
  • Parking Spaces: 2
  • Lot Dimensions: 25x126
  • Roof: Asphalt,Rubber
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Garage Door Opener,Yes,Garage Owned,Detached,Garage

Financial Details

  • Tax Amount: $10,808
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 13364100040000
  • Tax Year: 2024

Payment Calculator

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Listing Location

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1851 N Fairfield Ave Chicago, IL 60647

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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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