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  • $570,000

    2127 S Fairfield Ave, Chicago, IL 60608

    8beds
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $572,400 Zestimate®
    $--/sqft
    $1,836 Estimated rent

    Home value

    $572,400

    $521,000 - $630,000

    $1,836/mo

    Zestimate® history
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    $4,008/mo

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    What's special

    Two newer furnacesExterior stairs and railingsUpdated hot water heaters
    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.

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Gerardo Garcia, ABR,PSA,RENE 773-319-5007,

    @properties Christie's International Real Estate

    Bought with:

    Rahela Tap

    Green Street Property Mgmt

    Source: MRED as distributed by MLS GRID,MLS#: 12603530MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas, Forced Air
    Features
    • Basement: Unfinished,Full

    Property

    Lot
    • Size: 3,125 sqft
    • Dimensions: 25X125
    Details
    • Parcel number: 16244220110000
    • Special conditions: List Broker Must Accompany

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/5/2026Sold$570,000-5%
    Source: MRED as distributed by MLS GRID #12603530 Report a problem
    5/20/2026Listing removed$600,000
    Source: MRED as distributed by MLS GRID #12603530 Report a problem
    4/28/2026Contingent$600,000
    Source: MRED as distributed by MLS GRID #12603530 Report a problem
    4/14/2026Listed for sale$600,000+103.4%
    Source: MRED as distributed by MLS GRID #12603530 Report a problem
    1/21/2021Sold$295,000+126.9%
    Source: Public Record Report a problem
    3/28/2008Sold$130,000-31.6%
    Source: MRED as distributed by MLS GRID #06754518 Report a problem
    10/22/2002Sold$190,000+53.2%
    Source: Public Record Report a problem
    9/2/1994Sold$124,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $45,000 +52.5%
    2023$6,224 +2.6%$29,500
    2022$6,068 -34.4%$29,500 -35.9%
    2021$9,250 +113.6%$45,999 +136.6%
    2020$4,330 -4.6%$19,439 -14%
    2019$4,541 +1.7%$22,604
    2018$4,465 +22.7%$22,604 +33.7%
    2017$3,639 -16.6%$16,903 -22.4%
    2016$4,361 +9.3%$21,772
    2015$3,990 +15.7%$21,772 +17.2%
    2014$3,448 +2%$18,582
    2013$3,380 +1.4%$18,582
    2012$3,334 -15.4%$18,582 -23.6%
    2011$3,942 -0.4%$24,328
    2010$3,959 +4.4%$24,328
    2009$3,794 -18%$24,328 -24.6%
    2008$4,628 +1%$32,262
    2007$4,582 -1.1%$32,262
    2006$4,631 +52.3%$32,262 +73.3%
    2005$3,041 +1%$18,613
    2004$3,011 +2.2%$18,613
    2003$2,945 +15.9%$18,613 +31.6%
    2002$2,541 +21.1%$14,144
    2001$2,099 -12%$14,144
    2000$2,385 -0.7%$14,144 +13.9%
    1999$2,401 $12,417

    Find assessor info on the county website

    Neighborhood: Little Village

    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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    Estimated market value
    $572,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $572,400