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