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2127 S Fairfield Avenue , Chicago, IL 60608

$600,000
  • 2127 S Fairfield Avenue , Chicago, IL 60608 Main Photo

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New to the Market New
BEDS8 BATHS4 full MLS#12603530
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property Description

Exceptional 4-unit investment opportunity featuring four spacious 2-bed /1-bath apartments with a strong, stable tenant base providing immediate continuity of income and owner-occupant opportunity. The property has undergone extensive capital improvements, including a full roof and chimney rebuild with warranty, exterior stairs and railings, two newer furnaces, updated hot water heaters, and recent tuckpointing. Unit 1F was fully remodeled in 2025 with a new kitchen, appliances, bathroom, and flooring. The building offers significant upside potential with below-market rents, plus value-add opportunities through further unit enhancements, potential in-unit laundry, and the possibility to expand into the basement or attic for additional income streams. Ideal for both investors seeking yield and owner-occupants looking to offset expenses through rental income, this is a well-maintained asset with strong fundamentals and room to grow.

2127 S Fairfield Avenue | MLS# 12603530

This multi-family property located at 2127 S Fairfield Avenue , Chicago, IL 60608 is currently listed for sale with an asking price of $600,000. S Fairfield Avenue is located within the District 299 school district. Search Chicago real estate on www.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished, Full
Basement: Yes
Heating: Natural Gas, Forced Air
Lot Size: 0.07 Acres
Taxes: $8,325

Feature Descriptions

Exterior: Brick
Lot Dimensions: 25X125
Parcel#: 16244220110000
Sewer: Public Sewer
Total Rooms: 16
Township: Lake
Water: Lake Michigan

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: @properties Christie's International Real Estate
Agency Phone: 312-254-0200

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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Estimated Payment

$ 3,594.14 per month $2,725.39 Principal & Interest $693.75 Property Tax $175.00 Homeowner's Insurance

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