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1851 N Fairfield Avenue

Chicago, IL 60647
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Bed 5

Bed

Bath 3

Bath

Wonderful fully rented three-flat in highly sought-after West Bucktown, 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 fl ooring, 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $950,000

AD Id : 89179887

MLS Id : MRD12726263

Beds : 5

Year Built : 1875

Garage : 2

County : Cook

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Feature Features

  • Bedroom Information

    Total Bedroom: 5

    Bathroom Information

    Total Baths: 3

    Room Information

    Rooms Total: 19

    Interior Features

    Roof: Asphalt, Rubber

    Roofing Information

    Asphalt, Rubber
  • Flooring Information

    Construction Materials: Vinyl Siding, Brick
  • Heating & Cooling

    Heating: Natural Gas, Forced Air WaterSource: Lake Michigan

  • Building Information

    Year Built: 1875

  • Lot Information

    Lot Dimensions: 25x126 Lot Size: Standard Chicago Lot

    Property Information

    Property Type: Residential Income Style: Traditional Sub Type: Two to Four Units

  • Listing Price Information

    Original List Price:$950000

  • Tax Information

    Annual Tax: $10808 Tax Year: 2024 Parcel Number: 13364100040000 Tax Exemption: None

  • Parking Information

    Total Parking: 2 Garage Door Opener, Yes, Garage Owned, Detached, Garage Is Parking Included in Price: Yes

    Garage Information

    Garage Space: 2

  • Utility Information

    Sewer: Public Sewer Water Source: Lake Michigan
  • Location Information

    City: Chicago Direction: One block east of California Ave. The 4th property south of Cortland St.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2236 N Maplewood Avenue.., Chicago, IL, 60647 $450,000 2 2 1,150 1,150 SqFt
1717 N Western Avenue #2, Chicago, IL, 60647 $575,000 3 2 1,300 1,300 SqFt
2334 N Oakley Avenue, Chicago, IL, 60647 $1,450,000 4 4 2,336 2,336 SqFt
3400 W Shakespeare Avenue, Chicago, IL, 60647 $499,000 3 2 --
1938 N Sawyer Avenue #1, Chicago, IL, 60647 $1,050,000 4 4 3,200 3,200 SqFt
2009 N Hoyne Avenue, Chicago, IL, 60647 $949,900 3 3 2,400 2,400 SqFt
2342 W Bloomingdale Ave.., Chicago, IL, 60647 $550,000 2 2 --
2516 W Lyndale Street, Chicago, IL, 60647 $1,045,000 8 3 --
2024 W Willow Street #B, Chicago, IL, 60647 $789,000 3 2 1,600 1,600 SqFt
2119 N Damen Avenue #2, Chicago, IL, 60647 $615,000 2 2 1,400 1,400 SqFt
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ByOwner last updated this listing 08/07/2026 @ 18:20

MLS: MRED #12726263 LISTED BY: Ryan Cherney, Circle One Realty 630-528-2300 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)

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