Brick 5-Unit Apartment
For Sale
$1,340,000
821-23 N Fairfield Avenue, Chicago, IL 60622
Five brick units include four 2-bedroom layouts and one 3-bedroom unit, each with separate utilities.
Property SizeContact for details
Days on Market47
Property Features for 821-23 N Fairfield Avenue
General Information
Standard status
Active
Total Parking Spaces
3
Property subtype
Commercial
Additional Details
Multifamily Units
5
Amenities
separate utilities
garage
Building Details
Year Built
1888
Construction
brick
Listing Agency:
ARHOME REALTY
(773) 775-5500
Listed By:
JACK BURDZEL
Source:
Corcoran
Added: Jun 29
Changed: Jul 21
Last Checked: Aug 13 at 7:07AM
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 ARHOME REALTY
Investment Insights
Based on property information with market context.
Solid 5-unit brick apartment building with an adjacent lot on a quiet side street. The property includes four 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, and each unit has its own separate utilities. An oversized 3-car garage built in 2009 is also on site. The roof is approximately five years old. The building needs some updating and is being sold AS IS.
There are no current leases. The current rents are described as below market in the remarks, offering an opportunity to renovate and adjust rental income after updates.
There are no current leases. The current rents are described as below market in the remarks, offering an opportunity to renovate and adjust rental income after updates.
Key Highlights
- Solid 5‑unit brick apartment building built in 1888 on a quiet side street
- Unit mix: four 2‑bed/1‑bath units and one 3‑bed/1‑bath unit
- Each unit has separate utilities
Property Analytics
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
2,405
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Five brick units include four 2-bedroom layouts and one 3-bedroom unit, each with separate utilities.
Where is this apartment building located?
The property is located at 821-23 N Fairfield Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,340,000.
What are key features of this property?
This property features: Solid 5‑unit brick apartment building built in 1888 on a quiet side street; Unit mix: four 2‑bed/1‑bath units and one 3‑bed/1‑bath unit; Each unit has separate utilities
