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7058 S Fairfield Avenue Chicago, IL 60629

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For Sale
$415,000

Legal three-unit building, turnkey opportunity for investors or homeowners.

Type:Multifamily
Added:
Mar 16, 2026
Days on Market:
18
Last Refresh:
Mar 20 at 12:12 am

Property Features for 7058 S Fairfield Avenue

General Information

Standard status
Active
Property subtype
Multifamily

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Listing Contact
Jameelah Smith

Listing agent Jameelah Smith License #IL

Listing office @properties

Listing date Mar 16, 2026

Source Crexi

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 @properties


Overview

Move-In Ready Three-Unit Building

This move-in ready, legal three-unit brick building presents a turnkey opportunity for investors or homeowners seeking long-term comfort, house-hacking possibilities, or passive income while tenants contribute to the mortgage. Each of the three spacious apartments features a functional layout that includes two bedrooms, formal living and dining rooms, and original hardwood floors throughout. The property also offers a finished lower level equipped with a dedicated laundry room and ample storage space. The building has been beautifully maintained, and features a newer roof on both the home and the garage. The oversized lot is secured by an iron fence and provides a substantial parking footprint, including a vaulted three-car brick garage and three additional exterior parking spots. The new ADU ordinance presents potential for a studio above the garage. Situated at the heartbeat of the community, the property is conveniently located steps away from local parks, retail options, and public transit. With separate front and rear entrances for every unit, this building is suited for buyers ready to build their investment portfolio.
Location Intelligence

Current Use by Public Records

J & J Property ... Property Management Company

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6921656
Latitude
41.7647125

FAQs

What type of property is this?
Triplex - Legal three-unit building, turnkey opportunity for investors or homeowners.
Where is this triplex located?
The property is located at 7058 S Fairfield Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Legal three‑unit building: Ideal for investors or homeowners seeking passive income.; Move‑in ready condition: Turnkey opportunity.; Three spacious apartments: Each unit features two bedrooms, formal living and dining rooms, and original hardwood floors.
More about this property
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