$788,000 - $962,000
●
Commercial -
Off Market
1854 S Fairfield Avenue
Chicago, IL 60608
Studio
0 Bath
About This Property
We are pleased to present for sale 1854 S Fairfield, a six-unit
multi-family building located in the Marshall Square
neighborhood of Chicago. Construction in 1975, the property
is composed of five two-bed / one-bath units and one one- bed
/ one-bath unit. The property features individual gas-forced heat,
in-unit individual hot water tanks, a common coin laundry
room, and six off-street parking spots. The property is well
constructed, multiple units have been updated in the last
four years, and has the opportunity for significant upside by
continuing to cosmetically update apartments and increase
rents to market. Several units are below market and two units
are vacant and ready for new residents. It is located two blocks
from the Chicago Cinespace studios which has invested significantly
in the immediate area resulting in property and rental
appreciation in recent years. Matterport available for 3D virtual
tour
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$943
HOA Dues
-
Year Built
1977
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 13, 2024 | No longer available | - | |
No longer available | |||
Feb 20, 2024 | Listed | $875,000 | |
Listed |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
Commercial
Loft
-
2,653 ft²
$375/ft²
$995,000
Feb 12, 2024
-
$892/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
1854 South Fairfield Avenue
1854 South Fairfield Avenue, Chicago, IL 60608
- 1 Unit for Sale