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Renovated Multifamily Apartment Building
For Sale
Contact for pricing
Pending

1840-54 S Fairfield Ave, Chicago, IL 60608

Multifamily apartment building featuring a 2025 renovation for updated residential income use.

Property Size18,950 SF
Days on Market353

Property Features for 1840-54 S Fairfield Ave

General Information

Standard status Pending
Size 18,950 SF
Total Parking Spaces 20
Property subtype Multifamily

Building Details

Year Built 1963
Year Renovated 2025
Units 26
Listing Agency: Kiser Group
Listed By: Noah Clark · License #IL
Source: Crexi
Added: Sep 22, 2025 Changed: Aug 8 Last Checked: Jul 24 at 4:41PM

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 Kiser Group

Investment Insights

Based on property information with market context.

This multifamily apartment building is part of the Fairfield Collection and was renovated in 2025, reflecting recent property improvements. The offering includes residential income space arranged within a multi-unit apartment building format.

The property is located at 1840-54 S Fairfield Ave in Chicago, IL 60608, with the public remarks referencing Douglass Park.

Based on the provided information, this is a renovated apartment building listed for sale, positioned for buyers seeking a residential income asset with documented 2025 renovation activity.

Key Highlights

  • Multifamily apartment building built in 1963
  • Public remarks note a 2025 renovation for updated residential income use

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Nursing Home Tanning Salon Carpet & Flooring 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.

Location Intelligence

Trade Area within ½ mile

2,135
Businesses Nearby

Demographics for 60608, IL

75,770
Population
32,617
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
12,221
Density / Sq Mi
$70,704
Median Household Income
$42,211
Median Earnings
$1,208
Median Rent
$341,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Multifamily apartment building featuring a 2025 renovation for updated residential income use.
Where is this apartment building located?
The property is located at 1840-54 S Fairfield Ave Chicago, IL.
What are key features of this property?
This property features: Multifamily apartment building built in 1963; Public remarks note a 2025 renovation for updated residential income use
(773) 293-5033 Call to check price and availability
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