2127 S FAIRFIELD Avenue
Chicago, IL, 60608
$600,000
8 Beds
4 Baths
0 SqFt
0 Acres
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MLS #MRD12603530 image #0
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.

Property Details

Price:
$600,000
MLS #:
MRD12603530
Status:
Active Under Contract
Beds:
8
Baths:
4
Type:
Multi Family
Neighborhood:
chisouthlawndale
Listed Date:
Apr 14, 2026
Chi – South LawndaleChisouthlawndale

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Schools

School District:
299

Interior

Heating
Natural Gas, Forced Air

Exterior

Construction Materials
Brick

Financial

Tax Year
2024
Taxes
$8,325

Map

Community

Market Summary

Current real estate data for Multi Family in Chicago as of May 15, 2026
1,374
Multi Family Listed
78
Avg DOM
$514,870
Avg List Price

Property Summary

    2127 S FAIRFIELD Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60608. It is listed for $600,000

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