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Four-Unit Multifamily Building
New
For Sale
$1,375,000

1429 N Fairfield Avenue, Chicago, IL 60622

Four residences feature in-unit laundry, electric appliances, and rear parking.

Property SizeContact for details
Days on Market6

Property Features for 1429 N Fairfield Avenue

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Residential Income

Site & Location

Neighborhood Humboldt Park

Additional Details

Multifamily Units 4
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $15,516

Amenities

in unit laundry
spacious backyard
private parking

Building Details

Year Built 1900
Buildings 1
Listing Agency: Equity Market Realty Inc.
Listed By: Sara Abbasi · License #475167105
Source: Ifindpropertiesllc
Added: Oct 26 Changed: Oct 31 Last Checked: Oct 31 at 2:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Market Realty Inc.

Rey
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Investment Insights

Based on property information with market context.

This 1900-built multifamily property contains four residences: three-bedroom units and a two-bedroom ground-floor unit. The building was gut renovated with plans and permits, including copper plumbing, an HVAC system, exterior tuckpointing, and a replacement porch. The units have been remodeled and include in-unit laundry. The building is all-electric, with no gas service and electric appliances throughout.

A spacious backyard and private parking spaces are located at the rear of the property.

Key Highlights

  • Four units, including a new two‑bedroom ground‑floor residence
  • Three‑bedroom apartments
  • All‑electric building with no gas service; appliances use electricity

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,818
Businesses Nearby

Demographics for 60622, IL

55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four residences feature in-unit laundry, electric appliances, and rear parking.
Where is this quadplex located?
The property is located at 1429 N Fairfield Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Four units, including a new two‑bedroom ground‑floor residence; Three‑bedroom apartments; All‑electric building with no gas service; appliances use electricity
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