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Listing provided courtesy of CHICAGO HANDSHAKE LLCMREDas Distributed by MLSGrid- MLS# 12482548MLS Provider

827 N Fairfield AvenueChicago, IL 60622

Commercial · 6 Beds
$1,149,000 Active

827 N Fairfield Avenue Overview

Time on Site:
268 days
Visits:
75

Investment opportunity featuring a solid brick 4 unit main building & rehabbed 4 bedroom Coach house. Each unit in the main structure consists of 4 rooms, 2 bedrooms, and 1 bath, Hardwood floors throughout, Updated kitchens and baths & Newer windows. The main building offers common laundry and additional storage. Huge rehabbed 4-bedroom, 1.5-bath duplex-up coach house offering a spacious and modern layout ideal for owner-occupancy or premium rental income. Features include: Refinished hardwood floors, Updated kitchen with stainless steel appliances, In-unit laundry, Central air conditioning, Multiple walk-in closets and ample basement storage, private office space, private deck.

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827 N Fairfield Avenue Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 395
  • Gross Income: 92585
  • Gross Scheduled Income: 92585
  • Insurance Expense: 1806
  • Maintenance Expense: 3002
  • Net Operating Income: 69700
  • Operating Expense: 22885
  • Trash Expense: 380
  • Water Sewer Expense: 4731

Building Information

  • Year Built: 1900

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - West Town

Rent/Lease Information

  • Tenant Pays: Electricity, Heat

Tax Information

  • Tax Annual Amount: $20,744.00
  • Tax Year: 2023

General Information

  • Parcel Number: 16014250150000
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

General Information

  • Cooling: None
  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 25x125
  • Lot Size Square Feet: 3125

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 5

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 4

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 4
  • Baths Total: 1
  • Units Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 0
  • Units Total: 0

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 0
  • Units Total: 0

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 0
  • 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

827 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
Community data courtesy of LiveBy, Inc.

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.

827 N Fairfield Avenue Monthly Cost

$
$ %
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$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

827 N Fairfield Avenue Market Data

Based on the last 30 days in this zip code

$864,928
Average List Price
$719
Average Price per Square Foot
65
Properties Sold
37
Average Days on Market
143
Properties for Sale
Calculations provided by Reliance Network

827 N Fairfield Avenue History

Date Event Value Agent
5/2/2026Source: MRED Status Change
Active
4/27/2026Source: MRED Price Reduction
$1,149,000 -4.2%
4/27/2026Source: MRED Status Change
Price Change
10/10/2025Source: MRED Status Change
Active
10/5/2025Source: MRED Price Reduction
$1,199,000 -40.0%
10/5/2025Source: MRED Status Change
Price Change
10/5/2025Source: MRED Added to Database
October 05, 2025