5530 S Fairfield Avenue, Chicago IL 60629
$399,999

5530 S Fairfield Avenue, Chicago IL 60629

$399,999
New
Gage Park Two to Four Units

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Property Description

Solid all-brick two-unit building offering excellent potential for homeowners and investors alike! This property features two units, a finished basement, and a finished attic, providing additional living space and flexibility. Whether you're looking to live in one unit and generate rental income from the other or expand your investment portfolio, this property offers plenty of possibilities. Conveniently located near schools, public transportation, shopping, and major expressways, including I-55, making commuting and everyday travel a breeze. Don't miss this opportunity to own a versatile multi-unit property in a convenient Chicago location!

Features & Information

Key Details
  • List Price $399,999
  • Property Taxes $4,080
  • Year Built 1925
  • Status New
  • List Market Time 2

Units

  • Unit 1
  • Floor 1
  • Rooms 6
  • Beds 3
  • Baths 1
  • Appliances Stove, Refrigerator
  • Rent $1,100/mo
  • Tenant Pays Electric,Gas,Heat,Water
  • Lease Expires Mo

  • Unit 2
  • Floor 2
  • Rooms 6
  • Beds 3
  • Baths 1
  • Appliances Stove, Refrigerator
  • Rent $950/mo
  • Tenant Pays Electric,Gas,Heat,Water
  • Lease Expires Mo

Exterior Features

  • Parking
  • # of Cars:  1.5

Building Information
  • Number of Units 2
  • Age of Building 100+ Years

Location
  • County Cook
  • Township South Chicago
  • Corporate Limits Chicago
  • Directions to Property From W 55th St & S California Ave, Head E On W 55th St. Turn S Onto S Fairfield Ave. Continue To 5530 S Fairfield Ave. The Property Will Be On Your Right.

  • Schools
  • Elementary School District 299
  • Junior High District 299
  • High School District: 299

  • Property Taxes
  • Tax 4080
  • Tax Year 2023
  • Parcel Identification Number 19132000290000

Listed by Janet Naranjo for Midwest SignatureProperties Co | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/7/2026 6:02 AM. 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 Gage Park

Named after the largest park within its boundaries, Gage Park boasts a vibrant mix of classic character and history. From its charming bungalows to its Irish Catholic and Eastern European heritage, Gage Park embodies the true multicultural spirit of Chicago's neighborhood network. Expanding its diversity in both residential population and culinary options, Gage Park is packed with a variety of restaurants that are sure to please the taste buds, especially if you're hungry for tamales or tacos. Gage Park has a solid roster of Latin American-influenced eateries, seasoned with a pizzeria and traditional Chicago hot dog stand here and there.

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