About This Home

This 9-bedroom, 6-bathroom residential multi family at 1246 S Fairfield Avenue in Chicago, IL is listed for $899,900. Built in 1893, on a N/A lot.

Key Features

  • Built in 1893
  • 6 parking spaces

Property Details

6 full
6 spaces
1893
Listing Description

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.

Monthly Cost Estimate

$4,813/mo

20% down · 6.5% · 30 years

Principal$651
Interest$3,900
Insurance$262

Estimates only. Actual payments may vary.

Location

1246 S Fairfield Avenue

Chicago, IL 60608

Property Details

Construction

Brick

Parking

AlleyOff AlleyOversizeOwned

Heating

Natural GasForced Air

Questions & Answers

This 9-bedroom, 6-bathroom residential multi family at 1246 S Fairfield Avenue is listed at $899,900. The estimated monthly payment is $4,812 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1893, 6 parking spaces.

This property is listed by Chandra Shealey.

CS

Chandra Shealey

Agent at North Clybourn Group, Inc.

Listed by North Clybourn Group, Inc. · Broker phone: (773) 252-0600 · View on Broker Site · Broker website

MLS# 12756675· Source: Midwest Real Estate Data, LLC· 35 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1246 S Fairfield Avenue, Chicago, IL 60608

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