1851 N Fairfield Avenue, Chicago, IL 60647

Chicago
Local realty services provided by:ERA Naper Realty
1851 N Fairfield Avenue,Chicago, IL 60647
$890,000
  • 5 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ryan cherney
Office: circle one realty
MLS#:12770505
Source:MLSNI

Price summary

  • Price:$890,000

About this home

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...

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Home facts

  • Year built:1875
  • Listing ID #:12770505
  • Updated:September 30, 2026 at 11:47 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:19
  • Basement Description:Finished, Partial

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Asphalt, Rubber
  • Year built:1875
  • Architectural Style:Traditional
  • Foundation Description:Brick/Mortar, Stone

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$890,000
  • Tax amount:$10,808 (2024)

Parking

  • Total parking spaces:2
  • Parking description:Detached Garage, Garage
  • Garage:Yes
  • Garage spaces:2
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