1851 N Fairfield Avenue
Chicago, IL, 60647
$950,000
5 Beds
3 Baths
0 SqFt
0 Acres
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$950,000
1851 N Fairfield Avenue
Chicago, IL, 60647
MLS #MRD12726263 image #0MLS #MRD12726263 image #1MLS #MRD12726263 image #2MLS #MRD12726263 image #3MLS #MRD12726263 image #4MLS #MRD12726263 image #5MLS #MRD12726263 image #6MLS #MRD12726263 image #7MLS #MRD12726263 image #8MLS #MRD12726263 image #9MLS #MRD12726263 image #10MLS #MRD12726263 image #11MLS #MRD12726263 image #12MLS #MRD12726263 image #13MLS #MRD12726263 image #14MLS #MRD12726263 image #15MLS #MRD12726263 image #16MLS #MRD12726263 image #17MLS #MRD12726263 image #18MLS #MRD12726263 image #19MLS #MRD12726263 image #20MLS #MRD12726263 image #21MLS #MRD12726263 image #22MLS #MRD12726263 image #23
Wonderful fully rented three-flat in highly sought-after West Bucktown, 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.

Property Details

Price:
$950,000
MLS #:
MRD12726263
Status:
Active
Beds:
5
Baths:
3
Type:
Multi Family
Neighborhood:
chilogansquare
Listed Date:
Aug 6, 2026
Year Built:
1875
TraditionalChi – Logan SquareChilogansquare

Schools

School District:
299

Interior

Heating
Natural Gas, Forced Air

Exterior

Architectural Style
Traditional
Community Features
Other
Construction Materials
Vinyl Siding, Brick
Garage Spaces
2
Parking Features
Garage Door Opener, Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Patio And Porch Features
Patio
Roof
Asphalt, Rubber

Financial

Net Operating Income
$49,991
Tax Year
2024
Taxes
$10,808
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Aug 07, 2026
1,412
Multi Family Listed
82
Avg DOM
$530,927
Avg List Price

Community

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Property Summary

    1851 N Fairfield Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60647. It is listed for $950,000 To schedule a showing of MLS#mrd12726263 at 1851 N Fairfield Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
1851 N Fairfield Avenue
Chicago, IL