Active

$899,900

1246 S Fairfield Ave, Chicago, IL 60608

North Lawndale · MLS #12756675

9 Bedrooms6 BathsThree-FlatBuilt 18933 tandem exterior spaces

Why I Love This Home

“This is the kind of building investors wait for: the heavy lifting is already done, and it's producing $9,350 a month from day one. Being minutes from the Medical District keeps demand steady from both mid-term and long-term tenants, and with three identical renovated units, it's simple to own and simple to manage.”

— Chandra Shealey

About This Property

A gut-rehabbed three-flat delivering turnkey cash flow — currently generating $9,350 a month — minutes from the Illinois Medical District with a quick commute downtown. Every unit was renovated to the same standard: 3 bedrooms, 2 full baths, open floor plans, hardwood floors, and abundant natural light. Kitchens feature stainless steel appliances, quartz counters, soft-close cabinetry, and a breakfast bar, and each unit has a brand-new 4-piece appliance package and in-unit laundry. Primary suites include an en-suite bath with a European-style shower. Major systems are updated, including a new sewer line, sump pump, and ejector pit.