7058 South Fairfield, Chicago IL 60629
- Units 3
- Total Beds 5
- Total Baths 3
- Taxes $4,439.62
- Payment Estimate View Mortgage Calculator
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Property Description
This move-in ready, legal three-unit brick building is a turnkey opportunity for an investor or a homeowner looking for long-term comfort, house-hacking or passive income while tenants pay the mortgage. Each of the three spacious apartments features a functional layout with two bedrooms, formal living and dining rooms, and original hardwood floors throughout. The property also includes a finished lower level equipped with a dedicated laundry room and ample storage. The building has been maintained beautifully, including a newer roof on the home and the garage. Outside, the oversized lot is secured by an iron fence and features massive parking footprint: a gorgeous vaulted three-car brick garage plus three additional exterior spots. There is even potential for a studio above the garage with the new ADU ordinance. Situated at the heartbeat of the community, you are steps away from local parks, retail, and transit. With separate front and rear entrances for every unit the numbers on this building finally make sense for a buyer ready to build their investment portfolio.
Features & Information
Key Details
- List Price $415,000
- Property Taxes $4,439.62
- Price/ Sq. Ft. Unavailable
- Year Built U
- Parking Type Garage
- Status Contingent
Rooms
- Total Rooms 12
- Basement F
Exterior Features
-
Parking
- Parking Details Garage
- # of Cars: 3
Building Information
- Number of Units 3
- Age of Building 61-70 Years
- Exterior Construction Brick
- Heating & Cooling Gas
-
Units
- Unit 1 Stove, Refrigerator, Window Air Conditioner
- Unit 2 Refrigerator
- Unit 3 Stove, Refrigerator, Window Air Conditioner
Location
- County Cook
- Township Lake
- Corporate Limits Chicago
- Directions to Property From 71 Street To Fairfield. Property On The Nortwest Corner Of 71st And Fairfield
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 4439.62
- Tax Year 2024
- Tax Exemptions None
- Parcel Identification Number 19244210670000
Utilities
- Sewer Sewer-Publ
Listed by: @properties Christie's International Real Estate | Phone: 773.472.0200
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 3/23/2026 10:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Margate Park
An abundance of green spaces and lakeside activities blend with quiet, residential streets to make this sub-neighborhood of Uptown an ideal place for people-on-the-go and stay-at-home types alike. Margate Park is not a very large Chicago community, yet it manages to squeeze in quite a bit of public parkland and recreation spots in its limited area. Margate Parkers can easily ride their bikes and jog along the shoreline, soak up the sun at the beach, participate in volleyball and basketball games, and picnic in the park. Families enjoy the neighborhood's interactive playgrounds and dog-owners are fans of Puptown, the fully enclosed, off-leash dog park. Because of its prime waterfront location, much of Margate Park real estate is highly desirable. Renovated older flats offer a vintage appeal with modern living spaces, for affordable prices to boot. Although Margate Park is mostly a relaxed beach town, Sheridan Road supplies the community with a commercial kick of tasty restaurants, a few shops and a handful of grocery stores.
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