1851 N Fairfield Avenue Chicago, IL $ 950,000
1851 N Fairfield Avenue
$ 950,000
Recently Listed
Share Save

1851 N Fairfield Avenue

Chicago, IL, 60647
$ 950,000
Bedrooms5 Baths3.0

Monthly Estimate*

$ 5,998

1851 N Fairfield Avenue, Chicago, IL 60647 - Image 1
1851 N Fairfield Avenue, Chicago, IL 60647 - Image 2
1851 N Fairfield Avenue, Chicago, IL 60647 - Image 3
1851 N Fairfield Avenue, Chicago, IL 60647 - Image 4
1851 N Fairfield Avenue, Chicago, IL 60647 - Image 5
1851 N Fairfield Avenue, Chicago, IL 60647 - Image 6
1851 N Fairfield Avenue, Chicago, IL 60647 - Image 7
1851 N Fairfield Avenue, Chicago, IL 60647 - Image 8
1851 N Fairfield Avenue, Chicago, IL 60647 - Image 9
1851 N Fairfield Avenue, Chicago, IL 60647 - Image 10
1851 N Fairfield Avenue, Chicago, IL 60647 - Image 11
1851 N Fairfield Avenue, Chicago, IL 60647 - Image 12
1851 N Fairfield Avenue, Chicago, IL 60647 - Image 13
1851 N Fairfield Avenue, Chicago, IL 60647 - Image 14
1851 N Fairfield Avenue, Chicago, IL 60647 - Image 15
1851 N Fairfield Avenue, Chicago, IL 60647 - Image 16
1851 N Fairfield Avenue, Chicago, IL 60647 - Image 17
1851 N Fairfield Avenue, Chicago, IL 60647 - Image 18
1851 N Fairfield Avenue, Chicago, IL 60647 - Image 19
1851 N Fairfield Avenue, Chicago, IL 60647 - Image 20
1851 N Fairfield Avenue, Chicago, IL 60647 - Image 21
1851 N Fairfield Avenue, Chicago, IL 60647 - Image 22
1851 N Fairfield Avenue, Chicago, IL 60647 - Image 23
1851 N Fairfield Avenue, Chicago, IL 60647 - Image 24

Multi-Family Home for sale in Chicago, IL

for $950,000 with 5 bedrooms and 3 full baths. This home was built in 1875.

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.

See more

Multi-Family Active

Price

$ 950,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 10,808

Style

Traditional

Year Built

1875

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12726263

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Roof Asphalt Rubber
Garage Spaces 2
Architectural Style Traditional
Construction Materials Vinyl Siding Brick
Year Built 1875
Township West Chicago
Tax Year 2024
Ownership Fee Simple
Gross Income 67680
Community Features Other
County Cook
Net Operating Income 49991
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 19
Status Active
Directions One block east of California Ave. The 4th property south of Cortland St.
City Chicago
High School District 299
MLS Area CHI - Logan Square
Tax Annual Amount 10808
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
See more
Interior
Basement Finished Partial
Total Bedrooms 5
Total Baths 3
Bedrooms Possible 5
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
See more
Exterior
Parking Features Garage Door Opener Yes Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 2
Foundation Details Brick/Mortar Stone
Lot Dimensions 25x126
Waterfront Y/N N
See more
* Excluded Features
List By
Circle One Realty

Broker

ryan@circleonerealty.com

Email

Affordability Calculator

$6,899
Per Month
87%
13%
0%
Monthly Principal & Interest
$5,998
Monthly Property Taxes
$901
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/6/2026$950,000 Listed Price

Map


See all

1851 N Fairfield Avenue, Chicago, IL, 60647 is a Multi-Family Home for sale at $950,000. 1851 N Fairfield Avenue has 5 bedrooms, 3.0 baths, and was built in 1875. The property's zip code is 60647 which is in Chicago, IL