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$427,000
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Property Description
This move-in ready, legal three-unit brick building is a turnkey opportunity for an investor or a homeowner looking for long-term comfort, house-hacking or passive income while tenants pay the mortgage. Each of the three spacious apartments features a functional layout with two bedrooms, formal living and dining rooms, and original hardwood floors throughout. The property also includes a finished lower level equipped with a dedicated laundry room and ample storage. The building has been maintained beautifully, including a newer roof on the home and the garage. Outside, the oversized lot is secured by an iron fence and features massive parking footprint: a gorgeous vaulted three-car brick garage plus three additional exterior spots. There is even potential for a studio above the garage with the new ADU ordinance. Situated at the heartbeat of the community, you are steps away from local parks, retail, and transit. With separate front and rear entrances for every unit the numbers on this building finally make sense for a buyer ready to build their investment portfolio.
Full Property Details
Full Property Details for 7058 S Fairfield Ave
General
- Sold For: $427,000
- Taxes: $4,439 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12589750
- Added to Site: 66 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Chicago Lawn
- County: Cook
- Driving Directions: FROM 71 STREET TO FAIRFIELD. PROPERTY ON THE NORTWEST CORNER OF 71ST AND FAIRFIELD
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Exterior Entry, Full
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size (Acres): 0.12
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 43 x 125
- Zoning: MULTI
Financial Considerations
- Tax Amount: $4,439.62
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 19244210670000
Listed by @properties Christie's International Real Estate
Sold by Re/Max Loyalty
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Schools
Schools serving 7058 S Fairfield Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Mckay Elementary School 6901 South Fairfield Avenue, Chicago, IL 60629 | PK-8 | 0.2 mi |
Gage Park High School 5630 South Rockwell Street, Chicago, IL 60629 | 9-12 | 1.8 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 7058 S Fairfield Ave
Date
Details
Price
Change
Source
5/08/2026
Sold
$427,000
2.89%
MLS
3/17/2026
Listed
$415,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7058 S Fairfield Avenue, Chicago, IL 60629 (MLS# 12589750) is a Multi-Family property that was sold at $427,000 on May 08, 2026. Want to learn more about 7058 S Fairfield Avenue? Do you have questions about finding other Multi-Family real estate for sale in Chicago Lawn? You can browse all Chicago Lawn real estate or contact a Coldwell Banker agent to request more information.

