LKV Realty
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$950,000
$5,000Reward *
1851 N Fairfield Avenue, Chicago, IL 60647Listing ID 12726263

1851 N Fairfield Avenue, Chicago, IL 60647

Active
CHI - Logan Square
Time on site: 10 daysLast updated: 3 days ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
5
Bathrooms
Bathrooms
3
Days on Site
Days on Site
10
Heating
Heating
Natural Gas, Forced Air
Year Built
Year Built
1875
Garages
Garages
2
Parking
Parking
Garage Door Opener, Yes, Garage Owned, Detached, Garage

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.

Property Information

Property Details

Location

Address
1851 N Fairfield Avenue
County
Cook
City
Chicago
Zip Code
60647
Subdivision
CHI - Logan Square
School District
299
MLS Area
CHI - Logan Square

Interior Features

Beds and Baths

Bedrooms
5

Building

Building Information

Year Built
1875
Construction
Vinyl Siding, Brick
Foundation
Brick/Mortar, Stone
Roof
Asphalt, Rubber

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$10,808
Tax Year
2024
Circle One Realty, (630) 528-2300

Market Report for 60647

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 16 Aug 2026, 04:29 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD219301