821-23 N Fairfield Avenue Chicago, IL $ 1,340,000
821-23 N Fairfield Avenue
$ 1,340,000
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821-23 N Fairfield Avenue

Chicago, IL, 60622
$ 1,340,000
Bedrooms9 Baths0.0 Sq 3,891

Monthly Estimate*

$ 8,461

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Multi-Family Home for sale in Chicago, IL

for $1,340,000 with 9 bedrooms. This 3,891 square foot home was built in 1888.

Solid 5-unit brick apartment building with an adjacent lot on quiet side street . The property features four 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, all with separate utilities. Additional features include an oversized 3-car garage built in 2009 and a roof that is approximately 5 years old. The building needs some updating and is being offered AS IS. There are no current leases, and current rents are below market, presenting an excellent opportunity to renovate, increase rental income, and maximize the property's investment potential. Top floor unit used by owner.

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Multi-Family Active

Price

$ 1,340,000

Bedrooms

9

Property Type

Multi-Family

Taxes

$ 21,704

Style

Multi-Family

Year Built

1888

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12689563

Features
General
Utilities Sewer Connected
Roof Reflective Coating
Zoning MULTI
Construction Materials Brick
Year Built 1888
Tenant Pays Air Conditioning Electricity Heat Hot Water
Stories Count 3
Township West Chicago
Tax Year 2025
Current Use Multi-Family
Gross Income 50400
Additional Parcels Description 16014250170000
County Cook
Net Operating Income 0
Operating Expense 8100
Insurance Expense 2600
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status New
Directions Chicago Ave East of California to Fairfield Then North
City Chicago
Number Of Units Total 5
MLS Area CHI - Logan Square
Tax Annual Amount 21704.08
Electric Expense 0
Fuel Expense 0
Trash Expense 3200
Water Sewer Expense 2300
Additional Parcels Y/N Y
Standard Status Active
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Interior
Basement Unfinished
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Exterior
Water Source Municipal Water
Foundation Details Concrete Perimeter
Building Area Total 3891
Lot Dimensions 50X125
Frontage Type City Street
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* Excluded Features
List By
Arhome Realty

Broker

JBBroker7@gmail.com

Email

Affordability Calculator

$10,270
Per Month
82%
18%
0%
Monthly Principal & Interest
$8,461
Monthly Property Taxes
$1,809
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/29/2026$1,340,000 Listed Price

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821-23 N Fairfield Avenue, Chicago, IL, 60622 is a Multi-Family Home for sale at $1,340,000 with 3,891 sqft. 821-23 N Fairfield Avenue has 9 bedrooms, 0.0 baths, and was built in 1888. The property's zip code is 60622 which is in Chicago, IL