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Triplex with Detached Garage
New
For Sale
$890,000

1851 N Fairfield Avenue, Chicago, IL 60647

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market1

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 Bathroom 2, Bedroom 4, Bedroom 2, Bathroom 3, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 1, Basement
Parking 2
Parking features Open, Garage
Patio and Porch features Patio
Basement Partial, Finished
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 Forced Air, Natural Gas

Amenities

on-site laundry
outdoor spaces

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: Sep 27 Last Checked: Sep 27 at 12:06PM
MLS# 12770505

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 property has separate utility meters, gas-forced air furnaces, central air conditioning, and water heaters for each residence. Kitchens include granite countertops and a refrigerator, oven/range, dishwasher, and microwave. Hardwood flooring is found in Units 1 and 2, while the garden unit has epoxy floors. A detached brick garage accommodates two cars and is leased separately. On-site laundry is equipped with Speed Queen commercial machines and cashless mobile payment. Front and rear outdoor areas provide additional resident space.

The property is near the 606 Trail and within walking distance of the CTA Western Blue Line, with access to I-90/94. It is currently fully rented, and the existing rents are below market.

Key Highlights

  • Three residential units, each with separate metering and its own furnace, central air conditioning, and water heater
  • Detached two‑car brick garage leased separately
  • Kitchen appliances and granite countertops in all units

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Nursing Home Fish Market HVAC Service Pet Grooming 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
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
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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three separately metered residences each have independent climate control and water heating.
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 $890,000.
What are key features of this property?
This property features: Three residential units, each with separate metering and its own furnace, central air conditioning, and water heater; Detached two‑car brick garage leased separately; Kitchen appliances and granite countertops in all units
More about this property
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