BEDS9
BATHS6 full
MLS#12756675
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDistrict 299
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Heating: Natural Gas, Forced Air
Lot Size: 0.07 Acres
Roof Type: Flat
Taxes: $6,433
Year Built: 1893
Feature Descriptions
Additional Structures: None
Bath Features: European Shower
Exterior: Brick
Lot Dimensions: 25 X 130
Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump, Multiple Water Heaters
Parcel#: 16242060450000
Parking: Off Alley, Alley Access, Oversized, Yes, Owned
Sewer: Public Sewer
Total Rooms: 21
Township: West Chicago
Water: Lake Michigan, Public
Local Schools
Middle School: Chalmers Elementary School Speci
Elementary School: Chalmers Elementary School Speci
School District: District 299
Listed By / Shown By
Listed By
Agency Name: North Clybourn Group, Inc.
Agency Phone: 773-252-0600
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 2,801.34 per month $2,002.79 Principal & Interest $536.08 Property Tax $262.47 Homeowner's InsuranceChange Payment Information
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1246 S Fairfield Avenue | MLS# 12756675
This multi-family property located at 1246 S Fairfield Avenue, Chicago, IL 60608 is currently listed for sale with an asking price of $899,900. S Fairfield Avenue is located within the District 299 school district. Search Chicago real estate on www.bhhscrosby.com today.