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$399,999

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • 2 Car Garage
  • Updated 3 days ago
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Solid all-brick two-unit building offering excellent potential for homeowners and investors alike! This property features two units, a finished basement, and a finished attic, providing additional living space and flexibility. Whether you're looking to live in one unit and generate rental income from the other or expand your investment portfolio, this property offers plenty of possibilities. Conveniently located near schools, public transportation, shopping, and major expressways, including I-55, making commuting and everyday travel a breeze. Don't miss this opportunity to own a versatile multi-unit property in a convenient Chicago location!

Full Property Details for 5530 S Fairfield Ave

General

  • Price: $399,999
  • Taxes: $4,080 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12798303
  • Updated: 11/8/2026
  • Added to Site: 9 day(s) ago

Interior

  • Basement: Finished, F

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 6

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Yes, Detached, Garage

Location

  • Area: CHI - Gage Park
  • County: Cook
  • Township: South Chicago
  • Driving Directions: From W 55th St & S California Ave, head E on W 55th St. Turn S onto S Fairfield Ave. Continue to 5530 S Fairfield Ave. The property will be on your right.

School Information

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

Heating & Cooling

  • Heating Type: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Finished, Full
  • Year Built: 1925
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 3780

Financial Considerations

  • Assessment Year: 1925
  • Tax Amount: $4,080
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 19132000290000

Listed by Midwest SignatureProperties Co

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— 5530 S Fairfield Ave —

  • Midwest SignatureProperties Co

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

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

Schools serving 5530 S Fairfield Ave

School District:Chicago Public School District 299
NameGradesDistance
Carson Elementary School
5516 South Maplewood Avenue, Chicago, IL 60629
PK-80.2 mi
Gage Park High School
5630 South Rockwell Street, Chicago, IL 60629
9-120.2 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 5530 S Fairfield Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/02/2026
Listed
$399,999
67.36%
MLS
11/15/2004
Sold
$239,000
—
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 5530 S Fairfield Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,080
—
$26,000
—
2023
$4,080
-13%
$25,999
—
2022
$4,670
2%
$25,999
—
2021
$4,558
42%
$25,999
49%
2020
$3,207
-6%
$17,403
-14%
2019
$3,398
2%
$20,236
—
2018
$3,340
11%
$20,236
17%
2017
$3,010
1%
$17,264
—
2016
$2,977
10%
$17,264
—
2015
$2,702
-1%
$17,264
—
2014
$2,738
2%
$17,213
—
2013
$2,674
—
$17,213
—
2012
$2,663
—
$17,213
—
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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Listed by Midwest SignatureProperties Co

5530 S Fairfield Avenue, Chicago, IL 60629 (MLS# 12798303) is a Multi-Family property with 2 units containing 6 bedrooms and 0 full bathrooms. 5530 S Fairfield Avenue is currently listed for $399,999 and was received on November 02, 2026. Want to learn more about 5530 S Fairfield Avenue? Do you have questions about finding other Multi-Family real estate for sale in Gage Park? You can browse all Gage Park real estate or contact a Coldwell Banker agent to request more information.

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