1246 S Fairfield Avenue, Chicago, IL

$899,900

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9

Beds

About 1246 S Fairfield Avenue

Opportunity knocks in this gut-rehabbed three-flat that delivers turnkey cash flow just minutes from the Illinois Medical District and a quick commute to downtown Chicago. This combination keeps this property in steady demand from a strong mix of mid-term and long-term tenants and generates $9,350 in monthly income. Every unit has been renovated to the same standard: 3 bedrooms, 2 full bathrooms, open floor plans, hardwood floors, and abundant natural light throughout. Oversized living and dining areas suit both daily living and entertaining, while the modern kitchens feature stainless steel appliances, soft-close cabinetry, quartz countertops, and a breakfast bar. All three units come equipped with brand new 4-piece appliance packages. Primary suites offer generous closet space and a contemporary en-suite bath with a European-style shower. Major systems have been fully updated for peace of mind, including a brand new sewer line, sump pump, and ejector pit, along with a new fence along the south elevation. In-unit laundry and three exterior tandem parking spaces complete the offering. With its proximity to the Cinespace, Illinois Medical District, St. Anthony Hospital, Mount Sinai Hospital, the West Loop, and easy access to I-290 and I-55, this property pairs stabilized income with an excellent location.

Features of 1246 S Fairfield Avenue

MLS® # 12756675
Price $899,900
Bedrooms 9
Bathrooms 0.00
Year Built 1893
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 1246 S Fairfield Avenue
Area CHI - North Lawndale
City Chicago
County Cook
State IL
Zip Code 60608

Amenities

Parking Spaces 6
Parking Off Alley, Alley Access, Oversized, Yes, Owned
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Forced Air
Fireplace No
Has Basement No
Basement None

Exterior

Exterior Brick
Roof Flat

School Information

District 299
Elementary Chalmers Elementary School Speci
Middle Chalmers Elementary School Speci

Additional Information

Days on Market 8
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeNorth Clybourn Group, Inc.

Listing Map

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