Chicago, IL 60608,1342 S FAIRFIELD Avenue
Chicago, IL 60608,1342 S FAIRFIELD Avenue
Chicago, IL 60608,1342 S FAIRFIELD Avenue
Chicago, IL 60608,1342 S FAIRFIELD Avenue
Chicago, IL 60608,1342 S FAIRFIELD Avenue
Chicago, IL 60608,1342 S FAIRFIELD Avenue
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Listed by Edgar Zelayaof eXp Realty
$ 299,000
Est. payment | /mo

8 Beds


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$ 299,000
Est. payment | /mo
Save

8 Beds

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12525433

Style Greystone

Bedrooms 8

Year Built 1888

Annual Tax Amount $4,870

Tax Year 2023

Lot Dimensions F 24X118

Property Sub-Type Two to Four Units

Property Description

Huge Value Add Opportunity! Ready to roll up your sleeves? This classic 3unit Greystone is the perfect canvas for investors who see potential where others see problems. Located east of California Avenue near Douglas Park, Mount Sinai Hospital and the Illinois Medical District, it sits in the epicenter of North Lawndale's redevelopment. Millions are pouring into new mixed use projects, condo conversions and hospital expansions along Ogden Avenue and in the nearby Medical District. Buy now while properties here are still affordable and hold on for a huge return as the neighborhood transforms. Bordering the Tri Taylor corridor. Comparable 3 flats (east of California) here are closing at record high numbers, and new mixed-use and Medical District projects are drawing demand. This property has a full walkout basement, enclosed rear porch, parking slab and classic Greystone facade. After a complete gut rehab, similar 3bed units cashflow and resale upside is enormous. Sold strictly as-is-there are known code violations and deferred maintenance, so buyers must perform their own due diligence.. If you're looking for a high upside project in a neighborhood on the rise, with easy access to Mount Sinai, UIC, Rush, the CTA Train Line and I290 this diamond in the rough is your chance to buy low, improve and hold for a big return. It comes with a full set of architectural drawings; add your general contractor to the permit application and you can submit to the City of Chicago for approval immediately!

Location

State IL

County Cook

Zoning MULTI

Rooms

Basement Unfinished, Exterior Entry, Bath/Stubbed, Full, Walk-Out Access

Interior

Heating Natural Gas

Fireplace N

Exterior

View Y/N true

Building

Sewer Public Sewer

Water Lake Michigan

Structure Type Block,Stone,Limestone

New Construction false

Schools

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) VOW
NEARBY SCHOOLS & PROPERTIES
SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    STEM Magnet Academy Elementary School

    Public | KG - 5

  • 10

    Skinner Elementary School

    Public | PK - 5

  • 9

    Cardenas Elementary School

    Public | PK - 3

  • 9

    Jackson a Elementary Language Academy

    Public | KG - 8

  • 9

    Galileo Elementary Math & Science Schol Acd

    Public | KG - 8

  • 8

    Zapata Elementary School

    Public | PK - 8

  • 8

    Mitchell Elementary School

    Public | PK - 8

  • 8

    Lasalle II Lang Academy Elementary School

    Public | PK - 8

  • 8

    Perez Elementary School

    Public | PK - 8

  • 7

    Locke a Elementary Charter Academy

    Public | PK - 8

  • 7

    Burroughs Elementary School

    Public | PK - 8

  • 7

    Columbus Elementary School

    Public | PK - 8

  • 7

    Pritzker Elementary School

    Public | KG - 8

  • 6

    Frazier Perspectives Magnet Elementary School

    Public | KG - 8

  • 6

    Casals Elementary School

    Public | KG - 8

  • 6

    Horizon Science Academy-Mckinley Park

    Public | KG - 8

  • 6

    Namaste Elementary Charter School

    Public | KG - 8

  • 6

    Holden Elementary School

    Public | PK - 8

  • 5

    Hefferan Elementary School

    Public | PK - 8

  • 5

    Sumner Elementary School

    Public | PK - 8

Middle Schools 6
  • 10

    Young Magnet High School

    Public | 7 - 12

  • 7

    Orozco Elementary School

    Public | 6 - 8

  • 7

    Ogden Intermediate High School

    Public | 6 - 12

  • 6

    Evergreen Academy Middle School

    Public | 6 - 8

  • 2

    Madero Middle School

    Public | 6 - 8

  • 0

    Iyc Chicago

    Public | 6 - 12

High Schools 20
  • 9

    Westinghouse High School

    Public | 9 - 12

  • 8

    Phoenix Military Academy High School

    Public | 9 - 12

  • 6

    World Language High School

    Public | 9 - 12

  • 6

    Crane Medical Preparatory High School

    Public | 9 - 9

  • 5

    Infinity Math, Science and Technology High School

    Public | 9 - 12

  • 5

    North Lawndale Charter High School

    Public | 9 - 12

  • 5

    Clemente Community Academy High School

    Public | 9 - 12

  • 4

    Marshall Metropolitan High School

    Public | 9 - 12

  • 4

    Spry Community Links High School

    Public | 9 - 12

  • 4

    Manley Career Academy High School

    Public | 9 - 12

  • 4

    Ihsca Charter High School

    Public | 9 - 12

  • 4

    Wells Community Academy High School

    Public | 9 - 12

  • 3

    School of Social Justice High School

    Public | 9 - 12

  • 3

    Juarez Community Academy High School

    Public | 9 - 12

  • 2

    Raby High School

    Public | 9 - 12

  • 2

    Chicago Technology Academy High School

    Public | 9 - 12

  • 1

    Multicultural Academy of Scholarshp High School

    Public | 9 - 12

  • 1

    Orr Academy High School

    Public | 9 - 12

  • 1

    Farragut Career Academy High School

    Public | 9 - 12

  • 1

    Collins Academy High School

    Public | 9 - 12

School and business data provided by Attom Data.
Amber Holup

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(708) 870-6835

amber@thehnghomes.com

9755 W 143rd St., Park, IL

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1342 S FAIRFIELD Avenue