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$570,000
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Property 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.
Full Property Details
Full Property Details for 2127 S Fairfield Ave
General
- Sold For: $570,000
- Taxes: $8,325 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12603530
- Added to Site: 92 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Location
- Area: CHI - South Lawndale
- County: Cook
- Driving Directions: CERMAK RD. TO FAIRFIELD (ONE BLOCK E OF CALIFORNIA)
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Full
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Standard Chicago Lot
- Lot Dimensions: 25 x 125
Financial Considerations
- Tax Amount: $8,325.18
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 16244220110000
Listed by @properties Christie's International Real Estate
Sold by Green Street Property Mgmt
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Schools
Schools serving 2127 S Fairfield Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Hammond Elementary School 2819 West 21st Place, Chicago, IL 60623 | PK-8 | 0.1 mi |
Farragut Career Academy High School 2345 South Christiana Avenue, Chicago, IL 60623 | 9-11 | 0.8 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 2127 S Fairfield Ave
Date
Details
Price
Change
Source
6/05/2026
Sold
$570,000
-5%
MLS
4/14/2026
Listed
$600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2127 S Fairfield Avenue, Chicago, IL 60608 (MLS# 12603530) is a Multi-Family property that was sold at $570,000 on June 05, 2026. Want to learn more about 2127 S Fairfield Avenue? Do you have questions about finding other Multi-Family real estate for sale in South Lawndale? You can browse all South Lawndale real estate or contact a Coldwell Banker agent to request more information.

