Properties

Features
: Forced Air , Natural Gas
: Partial , Finished
: Patio
: Garage Door Opener , Garage Owned , Garage , Detached , Yes
: Public Sewer
: Traditional
Address Map
US
IL
Cook
Chicago
60647
Fairfield
1851
Avenue
W88° 18' 15.6''
N41° 54' 55.3''
One block east of California Ave. The 4th property south of Cortland St.
CHI - Logan Square
CHI - Logan Square
N
N
Neighborhood
299
299
299
Additional Information
: Other
: Brick , Vinyl Siding
: Brick/Mortar , Stone
2
25x126
: Lake Michigan
Circle One Realty
Ryan Cherney
Financial
10808
Listing Information
219301
26910
MRED
: None
Listing Information
New
2026-09-27T12:08:02Z
2026-09-27T12:08:00Z
Property Description

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.

Residential Income For Sale

1851 N Fairfield Avenue, Chicago, Illinois 60647

  • Bedrooms : 5
  • Bathrooms : 3
$890,000
Listing ID#12770505
QR Code
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 12770505
Price : $890,000
Bedrooms : 5
Rooms : 19
Bathrooms : 3
Year Built : 1875
Listing Status : Active
Roof
Roof : Rubber, Asphalt
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