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    OFF-MARKET
    Triplexes

    7058 S Fairfield Ave, Chicago, IL 60629

    Property ID
    US28-0357823
    Property summary
    AI-generated overview

    This move-in ready, legal three-unit brick building is a turnkey opportunity for an investor or a homeowner looking for long-term comfort, house-hacking or passive income while tenants pay the mortgage. Each of the three spacious apartments features a functional layout with two bedrooms, formal living and dining rooms, and original hardwood floors throughout. The property also includes a finished lower level equipped with a dedicated laundry room and ample storage. The building has been maintained beautifully, including a newer roof on the home and the garage. Outside, the oversized lot is secured by an iron fence and features massive parking footprint: a gorgeous vaulted three-car brick garage plus three additional exterior spots. There is even potential for a studio above the garage with the new ADU ordinance. Situated at the heartbeat of the community, you are steps away from local parks, retail, and transit. With separate front and rear entrances for every unit the numbers on this building finally make sense for a buyer ready to build their investment portfolio.

    Property profile
    Verified
    Property type Triplexes
    UPID US28-0357823
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • J & J Property Management Property Management Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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