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851 N Fairfield Avenue

Chicago, IL 60622
  • $1,775,000
  • STATUS: Active
  • ON SITE: 112 Days
  • MLS #: 11378184
UPDATED: 114 min ago
$1,775,000
  • 10
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1883
County:

School Ratings & Info

School District:
299

Description

Here's a rare opportunity to purchase a turnkey 4-unit, two building Property in one of the most exciting areas of West Town adjacent to Smith Park and California corridor. All units have wood floors throughout, custom wood windows and millwork, NEW SS appliances, quartz countertops, gas forced air, NEW in unit laundry and amazing outdoor space. The front building features a 2500 square foot duplex up unit with four large bedrooms, three bathrooms, chef's kitchen with Wolf stove/grill, laundry room, two large decks, attic, tons of closet & storage space, custom wood windows, solid oak doors and trim. The rear Coach house features two units with one of the units rented through Airbnb and VRBO...bringing in an average of 4,000 a month. Easy walk to tons of dining options and parks. This property is a cash cow bringing in $172,500 gross annual rental income. This is a one-of-a-kind property. Please view the floor plans and survey. MAKE AN APPOINTMENT, BRING A CONTRACT AND YOU WILL SEE WHY THIS IS BETTER THAN THE REST. OWNER IS A LICENCED REALESTATE BROKER.24 HRS PLS.

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2022-08-08T23:59:13.59 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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851 N Fairfield Avenue Chicago, IL 60622

  • Price: $1,775,000
  • Status: Active
  • On Site: 112 Days
  • Updated: 114 min ago
  • MLS #: 11378184
10
Beds
0
Baths
0
½ Baths
N/A
Acres
1883
Built
Neighborhood:
Chi - West Town
County:
Cook
Area:
Chi - West Town
School District:
299
Property Description
Here's a rare opportunity to purchase a turnkey 4-unit, two building Property in one of the most exciting areas of West Town adjacent to Smith Park and California corridor. All units have wood floors throughout, custom wood windows and millwork, NEW SS appliances, quartz countertops, gas forced air, NEW in unit laundry and amazing outdoor space. The front building features a 2500 square foot duplex up unit with four large bedrooms, three bathrooms, chef's kitchen with Wolf stove/grill, laundry room, two large decks, attic, tons of closet & storage space, custom wood windows, solid oak doors and trim. The rear Coach house features two units with one of the units rented through Airbnb and VRBO...bringing in an average of 4,000 a month. Easy walk to tons of dining options and parks. This property is a cash cow bringing in $172,500 gross annual rental income. This is a one-of-a-kind property. Please view the floor plans and survey. MAKE AN APPOINTMENT, BRING A CONTRACT AND YOU WILL SEE WHY THIS IS BETTER THAN THE REST. OWNER IS A LICENCED REALESTATE BROKER.24 HRS PLS.
Exterior Features

Architectural Style Tri-Level Exterior Building Type BrickStucco Lot Size .50-.99 Acre Multi Family Type 4 Flat2 Story Unit/SCoach HouseDuplex Side By Side Parking Details None Roof Asphalt Waterfront YN No

Interior Features

Basement FinishedExterior AccessConcrete (Basement) Basement Details English Bathroom Whirlpool Bedrooms Below Grade 0 Bedrooms Total 10 Full Baths In Building 7 Half Baths In Building 0 Heating Natural Gas Room Type Den Rooms Total 18

Property Features

Age 100+ Years Built Before1978 YN Yes Corporate Limits Chicago General Information Commuter BusCommuter TrainInterstate Access Gross Income 172500 Insurance Expense 3000 Mls Actual Status Active Net Operating Income 151482 New Construction YN No Other Equipment Security SystemCo DetectorsCeiling Fan(S)Sump Pump Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions List Broker Must Accompany Tax Annual Amount 12618 Tax Year 2020 Total Numberof Unitsin Building 4 Total Rental Income 172500 Township West Chicago Type Two To Four Units Water Source Public Zoning Multi

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Kale Realty.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2022-08-08T23:59:13.59 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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