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Updated Three-Unit Building
For Sale
$950,000

1851 N Fairfield Avenue, Chicago, IL 60647

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market21

Property Features for 1851 N Fairfield Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bedroom 5, Bedroom 4, Bathroom 1, Basement, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 1
Parking 2
Parking features Open, Garage
Patio and Porch features Patio
Basement Finished, Partial
Elementary school district 299
Middle school district 299
High school district 299
Directions One block east of California Ave. The 4th property south of Cortland St.
Subdivision CHI - Logan Square
Standard status Active
APN 13364100040000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 10808

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air

Amenities

on-site laundry

Building Details

Year built 1875
Building materials Vinyl Siding, Brick
Roof type Asphalt, Rubber
Architectural style Other
Listing Agency: Circle One Realty
Listed By: Ryan Cherney · License #471019427
Added: Aug 6 Changed: Aug 20 Last Checked: Aug 26 at 9:06AM
MLS# 12726263

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1875, this three-unit residential income property combines vinyl siding and brick construction with a separately serviced setup for each residence. Every unit has its own natural-gas forced-air furnace, central air conditioning, and water heater. Interior features include granite countertops, refrigerators, oven/ranges, dishwashers, and microwaves; Units 1 and 2 have hardwood floors, while the garden unit has epoxy flooring.

The property includes a detached two-car brick garage with separate leasing, plus front and rear outdoor areas. On-site laundry is equipped with Speed Queen commercial machines and cashless mobile payment capability. Public sewer service, asphalt and rubber roofing, open parking, and patio space are also provided.

Located at 1851 N Fairfield Avenue in Chicago’s 60647 ZIP code, the building is near the 606 Trail and within walking distance of the CTA Western Blue Line. I-90/94 is accessible from the property, and all three residences are currently leased.

Key Highlights

  • Three‑unit building constructed in 1875
  • All three residences are currently leased
  • Separate metering, natural‑gas forced‑air furnaces, central air, and water heaters for each unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Nursing Home Fish Market Pet Grooming Service HVAC Service (Bike/Boat/Book/etc) Store Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,980
Businesses Nearby

Demographics for 60647, IL

85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - All residences are leased and separately metered, with individual heating, cooling, and water-heating equipment.
Where is this triplex located?
The property is located at 1851 N Fairfield Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Three‑unit building constructed in 1875; All three residences are currently leased; Separate metering, natural‑gas forced‑air furnaces, central air, and water heaters for each unit
More about this property
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