Opportunity knocks in this gut-rehabbed three-flat that delivers turnkey cash flow just minutes from the Illinois Medical District and a quick commute to downtown Chicago. This combination keeps this property in steady demand from a strong mix of mid-term and long-term tenants and generates $9,350 in monthly income. Every unit has been renovated to the same standard: 3 bedrooms, 2 full bathrooms, open floor plans, hardwood floors, and abundant natural light throughout. Oversized living and dining areas suit both daily living and entertaining, while the modern kitchens feature stainless steel appliances, soft-close cabinetry, quartz countertops, and a breakfast bar. All three units come equipped with brand new 4-piece appliance packages. Primary suites offer generous closet space and a contemporary en-suite bath with a European-style shower. Major systems have been fully updated for peace of mind, including a brand new sewer line, sump pump, and ejector pit, along with a new fence along the south elevation. In-unit laundry and three exterior tandem parking spaces complete the offering. With its proximity to the Cinespace, Illinois Medical District, St. Anthony Hospital, Mount Sinai Hospital, the West Loop, and easy access to I-290 and I-55, this property pairs stabilized income with an excellent location.
Active
$899,900
1246 S Fairfield Ave, Chicago, IL 60608
9beds
--sqft
Multi Family
Built in 1893
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Contemporary en-suite bathPrimary suitesAbundant natural light throughoutIn-unit laundryModern kitchensOpen floor plansEuropean-style shower
- --
- 197
- views
- 14
- saves
Zillow last checked:
Listing updated:
Listed by:
Chandra Shealey 773-544-2144,
North Clybourn Group, Inc.
Source: MRED as distributed by MLS GRID,MLS#: 12756675
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 6
Bathroom
- Features: European Shower
Heating
- Natural Gas, Forced Air
Appliances
- Included: Multiple Water Heaters
Features
- Basement: None
Property
Parking
- Total spaces: 6
- Parking features: Off Alley, Alley Access, Oversized, Yes, Owned
Lot
- Size: 3,250 Square Feet
- Dimensions: 25 X 130
Details
- Additional structures: None
- Parcel number: 16242060450000
- Zoning: MULTI
- Special conditions: List Broker Must Accompany
- Other equipment: Ceiling Fan(s), Sump Pump
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Flat
Condition
- New construction: No
- Year built: 1893
- Major remodel year: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
Community
- Features: Sidewalks, Street Lights, Street Paved
- Security: Carbon Monoxide Detector(s)
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $308,640
- Annual tax amount: $6,433
- Date on market: 9/26/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/14/2025 | Sold | $775,000-3% |
Source: | ||
| 9/23/2025 | Pending sale | $799,000 |
Source: | ||
| 9/9/2025 | Contingent | $799,000 |
Source: | ||
| 8/20/2025 | Listed for sale | $799,000 |
Source: | ||
| 8/20/2025 | Listing removed | $799,000 |
Source: | ||
| 6/27/2025 | Listed for sale | $799,000+4338.9% |
Source: | ||
| 7/19/2018 | Sold | $18,000-88% |
Source: Public Record Report a problem | ||
| 3/7/2018 | Listing removed | $149,999 |
Source: Coldwell Banker Residential Brokerage - Oak Lawn #09843660 Report a problem | ||
| 3/7/2018 | Listed for sale | $149,999 |
Source: Coldwell Banker Residential Brokerage - Oak Lawn #09843660 Report a problem | ||
| 2/20/2018 | Pending sale | $149,999 |
Source: Coldwell Banker #09843660 Report a problem | ||
| 1/29/2018 | Listed for sale | $149,999+960.1% |
Source: Coldwell Banker Residential #09843660 Report a problem | ||
| 8/3/2009 | Sold | $14,150-95.8% |
Source: | ||
| 7/26/2006 | Sold | $340,000+94.3% |
Source: Public Record Report a problem | ||
| 3/15/2006 | Sold | $175,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,224 +31.2% | $30,864 +37.8% |
| 2023 | $4,742 +2.6% | $22,398 |
| 2022 | $4,623 +91% | $22,398 +86.7% |
| 2021 | $2,421 -24.8% | $11,999 -16.7% |
| 2020 | $3,218 -3.5% | $14,398 -13% |
| 2019 | $3,336 +144.3% | $16,550 +140.1% |
| 2018 | $1,366 -67.5% | $6,892 -64.6% |
| 2017 | $4,205 +7.9% | $19,466 |
| 2016 | $3,899 +9.3% | $19,466 |
| 2015 | $3,567 +5.7% | $19,466 +7% |
| 2014 | $3,376 +2% | $18,195 |
| 2013 | $3,309 +1.4% | $18,195 |
| 2012 | $3,265 -15.9% | $18,195 -24% |
| 2011 | $3,880 -0.4% | $23,945 |
| 2010 | $3,896 +4.4% | $23,945 |
| 2009 | $3,734 +2.8% | $23,945 -5.4% |
| 2008 | $3,631 +58.1% | $25,313 |
| 2007 | $2,297 +51.8% | $25,313 |
| 2006 | $1,513 -23.7% | $25,313 +108.7% |
| 2005 | $1,982 +1% | $12,128 |
| 2004 | $1,962 +2.2% | $12,128 |
| 2003 | $1,919 +35.7% | $12,128 +54.1% |
| 2002 | $1,414 +3.7% | $7,870 |
| 2001 | $1,363 +38.5% | $7,870 |
| 2000 | $984 | $7,870 +53.7% |
| 1999 | -- | $5,121 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Douglas Park
Nearby schools
Schools provided by the listing agent
- Elementary: Chalmers Elementary School Speci
- Middle: Chalmers Elementary School Speci
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





