1246 S Fairfield Avenue, Chicago IL 60608
Property Description
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.
Features & Information
Key Details
- List Price $899,900
- Property Taxes $6,433
- Year Built 1893
- Status New
- List Market Time 1
Units
-
Unit 1
- Floor G
- Rooms 8
- Beds 3
- Baths 2
- Appliances Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Garage/Space, Laundry Hook-Up, Hardwood Floors
- Rent $4,000/mo
- Tenant Pays None
- Lease Expires MTM
-
Unit 2
- Floor 1
- Rooms 8
- Beds 3
- Baths 2
- Appliances Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Garage/Space, Laundry Hook-Up, Hardwood Floors
- Rent $2,250/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 03/27
-
Unit 3
- Floor 2
- Rooms 8
- Beds 3
- Baths 2
- Appliances Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Garage/Space, Laundry Hook-Up, Hardwood Floors
- Rent $3,100/mo
- Tenant Pays None
- Lease Expires 09/26
Exterior Features
-
Parking
- # of Cars: 6
Building Information
- Number of Units 3
- Age of Building 100+ Years
Location
- County Cook
- Township West Chicago
- Corporate Limits Chicago
- Directions to Property Ogden Ave. To Fairfield Ave North To Property
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 6433.02
- Tax Year 2025
- Tax Exemptions None
- Parcel Identification Number 16242060450000
Listed by Chandra Shealey for North Clybourn Group, Inc. | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 9/30/2026 8:32 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 Douglas Park
A concentration of residential blocks surrounding one of Chicago's largest parks, Douglas Park is a west side neighborhood tucked within the larger community of Lawndale. Named for the central focus of the area, this little region has its priorities straight: acres of parkland and open green expanses. More than just a slab of grass, Douglas Park's namesake park is home to a Cultural and Community Center that boasts all the intramural, recreational fun you can handle. The outdoor pool, volleyball and tennis courts, miniature golf course, sandboxes, and spray pools are always hot in the summer. But the wintertime is no exception to the community center's popularity as the lake freezes over and makes for a picture perfect ice skating rink. Packed with families from the neighborhood and surrounding areas, the center's outside features make this the ultimate Chicago playground. Inside, the center is also bustling with Douglas Park residents fond of arts and crafts, dance classes and music lessons.
Read More About Douglas Park...
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