2127 S FAIRFIELD Avenue, Chicago, IL

$600,000

Overview

  • 339935
  • Property ID
  • Updated On:
  • April 20, 2026
  • 8
  • Bedrooms
  • 4
  • Bathrooms

Description

Exceptional 4-unit investment opportunity featuring four spacious 2-bed /1-bath apartments with a strong, stable tenant base providing immediate continuity of income and owner-occupant opportunity. The property has undergone extensive capital improvements, including a full roof and chimney rebuild with warranty, exterior stairs and railings, two newer furnaces, updated hot water heaters, and recent tuckpointing. Unit 1F was fully remodeled in 2025 with a new kitchen, appliances, bathroom, and flooring. The building offers significant upside potential with below-market rents, plus value-add opportunities through further unit enhancements, potential in-unit laundry, and the possibility to expand into the basement or attic for additional income streams. Ideal for both investors seeking yield and owner-occupants looking to offset expenses through rental income, this is a well-maintained asset with strong fundamentals and room to grow.

Bathrooms
3+
Bedrooms
5+
Climate Control
Heating
Other Features
Brick
Forced Air
Lake Michigan
Natural Gas
Public Sewer

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$3,076.32
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 2,326.32

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Information for the property at 2127 S FAIRFIELD Avenue, Chicago, IL, 60608 (Property ID: 339935) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi