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Active
  • $890,000

    1851 N Fairfield Ave, Chicago, IL 60647

    5beds
    --sqft
    : 
    $7,000/mo
    Get pre-qualified
    Multi Family
    Built in 1875
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Numerous updates throughoutDetached two-car brick garageGas-forced air furnaceCentral air conditioningGranite countertops
    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.
    29 days
    1,189
    60

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan Cherney (630)862-5181,

    Circle One Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12770505MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Natural Gas, Forced Air
      Features
      • Basement: Finished,Partial

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Patio
      Lot
      • Size: 3,150 Square Feet
      • Dimensions: 25x126
      Details
      • Parcel number: 13364100040000
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding, Brick
      • Foundation: Brick/Mortar, Stone
      • Roof: Asphalt,Rubber
      Condition
      • New construction: No
      • Year built: 1875
      • Major remodel year: 2006

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Lake Michigan

      Community & HOA

      Community
      • Features: Other
      Location
      • Region: Chicago

      Financial & listing details

      • Tax assessed value: $580,000
      • Annual tax amount: $10,808
      • Date on market: 9/27/2026
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/27/2026Listed for sale$890,000-6.3%
        Source: MRED as distributed by MLS GRID #12770505 Report a problem
        8/26/2026Listing removed$950,000
        Source: MRED as distributed by MLS GRID #12726263 Report a problem
        8/6/2026Listed for sale$950,000+161.7%
        Source: MRED as distributed by MLS GRID #12726263 Report a problem
        10/3/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        9/17/2022Listed for rent$1,400+7.7%
        Source: Zillow Rental Manager Report a problem
        10/28/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        10/23/2021Listed for rent$1,300
        Source: Zillow Rental Manager Report a problem
        9/14/2007Sold$363,000+3.7%
        Source: Public Record Report a problem
        4/12/2005Sold$350,000+900%
        Source: Public Record Report a problem
        7/26/1994Sold$35,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$10,809 +8.6%$58,000 +23.3%
        2023$9,951 +2.9%$47,022
        2022$9,672 -12.6%$47,022 -14.5%
        2021$11,060 +33.4%$55,000 +47.8%
        2020$8,291 -2.4%$37,217 -12%
        2019$8,497 -9%$42,292 -10.5%
        2018$9,339 +54.1%$47,280 +68%
        2017$6,059 +3.4%$28,146 -3.8%
        2016$5,859 +3.4%$29,252 -5.4%
        2015$5,668 +21.6%$30,929 +23.1%
        2014$4,661 -7%$25,124 -8.9%
        2013$5,014 +1.4%$27,568
        2012$4,947 +41.2%$27,568 +27.5%
        2011$3,503 -26.9%$21,615 -26.6%
        2010$4,792 +0.8%$29,447 -3.4%
        2009$4,753 -5.3%$30,482 -12.9%
        2008$5,021 +1%$35,000
        2007$4,971 -2.3%$35,000 -1.3%
        2006$5,090 +31%$35,454 +49.1%
        2005$3,884 +1%$23,771
        2004$3,845 +55.4%$23,771
        2003$2,475 -8.5%$23,771 +57.9%
        2002$2,705 +19.9%$15,055
        2001$2,257 +82.4%$15,055
        2000$1,237 +0.3%$15,055 +78.4%
        1999$1,233 $8,441
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Logan Square

        Getting around

        89 / 100
        Very Walkable
        70 / 100
        Excellent Transit

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • 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.

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