Listing provided courtesy of arhome realtyMREDas Distributed by MLSGrid- MLS# 12689563
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Request Info821-23 N Fairfield AvenueChicago, IL 60622
Commercial · 9 Beds · 3,891 Sq. ft.$1,340,000
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821-23 N Fairfield Avenue Overview
- Time on Site:
- 13 hours
- Visits:
- 0
Solid 5-unit brick apartment building with an adjacent lot on quiet side street . The property features four 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, all with separate utilities. Additional features include an oversized 3-car garage built in 2009 and a roof that is approximately 5 years old. The building needs some updating and is being offered AS IS. There are no current leases, and current rents are below market, presenting an excellent opportunity to renovate, increase rental income, and maximize the property's investment potential. Top floor unit used by owner.
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821-23 N Fairfield Avenue Facts & Features
- Type Commercial
- Sq. ft. 3,891
- Price/Sq.ft. $344
Details
General
Income/Expenses
- Other Expense: 0
- Electric Expense: 0
- Fuel Expense: 0
- Gross Income: 50400
- Insurance Expense: 2600
- Maintenance Expense: 0
- Net Operating Income: 0
- Operating Expense: 8100
- Trash Expense: 3200
- Water Sewer Expense: 2300
Building Information
- Year Built: 1888
Business Information
- Current Use: Multi-Family
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - Logan Square
- Township: West Chicago
Rent/Lease Information
- Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water
Tax Information
- Tax Annual Amount: $21,704.08
- Tax Year: 2025
General Information
- Parcel Number: 16014250180000
- Property Type: Commercial Sale
- Zoning: MULTI
Interior
Building Interior
- Building Area Total: 3891
General Information
- Basement: Unfinished
- Foundation Details: Concrete Perimeter
- Stories: 3
Exterior
Lot Information
- Additional Parcels: Yes
- Frontage Type: City Street
- Lot Size Dimensions: 50X125
- Water Source: Municipal Water
Building Exterior/Construction
- Construction Materials: Brick
- Roof: Reflective Coating
General Information
- Number Of Units Total: 5
- Utilities: Sewer Connected
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 2
- Baths Total: 1
- Units Total: 1
Unit 2 Details
- Unit Type: Unit 2
- Beds Total: 2
- Baths Total: 1
- Units Total: 2
Unit 3 Details
- Unit Type: Unit 3
- Beds Total: 3
- Baths Total: 1
- Units Total: 1
Unit 4 Details
- Unit Type: Unit 4
- Beds Total: 2
- Baths Total: 1
- Units Total: 1
Unit 5 Details
- Unit Type: Unit 5
- Beds Total: 0
- Baths Total: 1
- Units Total: 0
Unit 6 Details
- Unit Type: Unit 6
- Beds Total: 0
- Units Total: 0
Unit 7 Details
- Unit Type: Unit 7
- Beds Total: 0
- Units Total: 0
821-23 N Fairfield Avenue Neighborhood
Community
60622 (Chicago) Demographics
32
Median Age
21,403
Population Density (per sq. mile)
75%
College Educated
$106,128
Estimated Median Income
9,607
Estimated Total Home Owners
14,690
Estimated Total Renters
40% / 60%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.821-23 N Fairfield Avenue Monthly Cost
821-23 N Fairfield Avenue Market Data
Based on the last 30 days in this zip code
$861,807
Average List Price
$720
Average Price per Square Foot
58
Properties Sold
36
Average Days on Market
147
Properties for Sale
821-23 N Fairfield Avenue History
| Date | Value | Agent |
|---|---|---|
| 6/29/2026Source: MRED | June 29, 2026 |