2127 Fairfield Avenue, South Lawndale, Chicago, Illinois 60608
$570,000
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Sold
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| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | — |
| Property Taxes: | $8,325 |
| Days On Market: | 200 |
| Lot Size: | 0,00 |
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.
Property Specifics
| Multi-unit | |
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| No | |
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| 12603530 | |
| 16244220110000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 28 Mar, 2008 | Sold | $130,000 | MRED MLS |
| 26 Dec, 2007 | Under contract | $168,000 | MRED MLS |
| 18 Dec, 2007 | Listed for sale | $168,000 | MRED MLS |
| 5 Jun, 2026 | Sold | $570,000 | MRED MLS |
| 26 Apr, 2026 | Under contract | $600,000 | MRED MLS |
| 14 Apr, 2026 | Listed for sale | $600,000 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Other Specifics
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| 25X125 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2008 | $4,631 |
| 2026 | $8,325 |
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Listing Provided By
@properties Christie's International Real Estate
