Active

$890,000

1851 Fairfield Avenue, Chicago, IL 60647
5 Beds3 Baths7 days
1851 Fairfield Avenue·Chicago, IL 60647
5Bedrooms
3Bathrooms
1875Year Built
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 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.

MLS# 12770505Listed September 27, 2026Residential IncomeTraditional
Property Details

Beds & Baths

Total Bedrooms5
Total Bathrooms3
Total Rooms19

Size & Structure

Garage Spaces2
Year Built1875
Lot Size25x126

Location

CountyCook
TownshipWest Chicago
Zip Code60647

Financial

List Price$890,000
Annual Taxes (2024)$10,808
Monthly Tax Est.$901
Parcel #13364100040000
Interior Features

Heating

Natural GasForced Air

Basement

FinishedPartial
Exterior & Lot

Construction

Vinyl SidingBrick

Roof

AsphaltRubber

Foundation

Brick/MortarStone

Patio & Porch

Patio
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Garage Door OpenerYesGarage OwnedDetachedGarage
HOA & Community

Community Features

Other
Tax & Financial
Annual Taxes
$10,808
Tax Year 2024
Monthly Tax Est.
$901
per month
Property Location

1851 Fairfield Avenue, Chicago, IL 60647 — Cook County

$890,000
1851 Fairfield Avenue
5 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
7 days on market
2-car garage
25x126
$10,808/yr taxes
$5,578
estimated monthly payment
Principal & Interest
$4,677/mo
Property Tax
$901/mo
$890,000
20% — $178,000
3%50%
6.875%
3%12%
Loan Amount
$712,000
Down Payment
$178,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Circle One Realty
Agent: Ryan Cherney
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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