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$950,000

  • For Sale
  • Active
  • Multi-Family
  • 5 Total Beds
  • 2 Car Garage
  • Updated 1 day ago
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Wonderful fully rented three-flat in a highly sought-after neighborhood offering immediate income with significant upside potential. Current rents are below market, providing an excellent opportunity for increased cash flow and future value growth. Ideally located just steps from the 606 Trail and within walking distance of the CTA Western Blue Line, with convenient access to I-90/94, this property is positioned in one of Chicago's most desirable rental markets. The building has been well maintained and features numerous updates throughout. Each unit is separately metered and equipped with its own gas-forced air furnace, central air conditioning, and water heater. All units include granite countertops, refrigerator, oven/range, dishwasher, and microwave. Units 1 and 2 feature hardwood flooring, while the garden unit offers durable epoxy floors. Additional income is generated by the detached two-car brick garage, currently leased separately for $350 per month. Residents also enjoy front and rear outdoor spaces, along with on-site Speed Queen commercial laundry featuring a convenient cashless mobile payment system. A turnkey investment opportunity in a premier Chicago neighborhood with strong rental demand and excellent long-term appreciation potential.

Full Property Details for 1851 N Fairfield Ave

General

  • Price: $950,000
  • Taxes: $10,808 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12726263
  • Updated: 8/12/2026
  • Added to Site: 8 day(s) ago

Rental Information

  • Complex Features: Other

Interior

  • Basement: Finished, P

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Upper - Full Baths: 3

Bedrooms

  • Total Bedrooms: 5

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage

Location

  • Area: CHI - Logan Square
  • County: Cook
  • Township: West Chicago
  • Driving Directions: One block east of California Ave. The 4th property south of Cortland St.

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Architectural Info: Traditional
  • Architectural Style: Traditional
  • Construction: Vinyl Siding, Brick
  • Exterior Const.: Vinyl Siding, Brick
  • Basement: Yes
  • Basement Desc.: Finished, Partial
  • Foundation: Brick/Mortar, Stone
  • Roof: Asphalt, Rubber
  • Year Built: 1875
  • Built Before 1978: Yes
  • Remodeled/Updated: 2006

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size Range: Standard Chicago Lot
  • Lot Dimensions: 25 x 126

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1875
  • Tax Amount: $10,808
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 13364100040000

Listed by Circle One Realty

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— 1851 N Fairfield Ave —

  • Circle One Realty

(630) 862-5181

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

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with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1851 N Fairfield Ave

School District:Chicago Public School District 299
NameGradesDistance
Moos Elementary School
1711 North California Avenue, Chicago, IL 60647
PK-80.2 mi
Clemente Community Academy High School
1147 North Western Avenue, Chicago, IL 60622
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1851 N Fairfield Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/06/2026
Listed
$950,000
171.43%
MLS
4/12/2005
Sold
$350,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1851 N Fairfield Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,951
—
$53,641
14%
2023
$9,951
3%
$47,022
—
2022
$9,672
-13%
$47,022
-15%
2021
$11,060
33%
$55,000
48%
2020
$8,291
-2%
$37,217
-12%
2019
$8,497
-9%
$42,292
-11%
2018
$9,339
54%
$47,280
68%
2017
$6,059
3%
$28,146
-4%
2016
$5,859
3%
$29,252
-5%
2015
$5,668
22%
$30,929
23%
2014
$4,661
-7%
$25,124
-9%
2013
$5,014
1%
$27,568
—
2012
$4,947
—
$27,568
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1851 N Fairfield Avenue, Chicago, IL 60647 (MLS# 12726263) is a Multi-Family property with 3 units containing 5 bedrooms and 0 full bathrooms. 1851 N Fairfield Avenue is currently listed for $950,000 and was received on August 06, 2026. Want to learn more about 1851 N Fairfield Avenue? Do you have questions about finding other Multi-Family real estate for sale in Logan Square? You can browse all Logan Square real estate or contact a Coldwell Banker agent to request more information.

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