2630 N Fairfield Street, Chicago, Illinois 60647

Sold Price
List Price
Closing Date
Oct 05, 2021
Two to Four Units
Gross Rental Income
Logan Square
Days On Market

Property Description

ONE-OF-A-KIND LISTING ALERT! Single family home with a 2 flat rental income property in the backyard! The single family home is vacant & ready for you to move right in OR as an investor rent it out for a high cap rate on this amazing property in an appreciating location! You have the option! The 2 flat in the backyard is rented to long term tenants with leases in place. The total rental income from the 2 flat is $4045 per month! AMAZING OPPORTUNITY! All located in HOT LOGAN SQUARE right off the boulevard! These buildings have beautiful timeless character but have been updated with modern conveniences! The single family has a NEW kitchen featuring quartz countertops, NEW stainless steel appliances, maples cabinets, NEW tile floors & modern light fixtures. Hardwood floors run throughout the entire home & have all been refinished. Enjoy a beautiful wood burning fireplace, beautiful windows overlooking your tree lined street, built in cabinetry & separate dining room. Upstairs features 3 bedrooms and 1 full bath. The basement features a family room, bedroom, full bath, laundry room & additional storage closet (could also make a great office space). Enjoy two large oversized porches & a beautiful yard. The 2 flat in the back of the property are fully leased. One tenant has leased for 10 years and the other tenant has leased for 3 years. Lease details are listed in the listing. The 2 flat has all updated kitchens, stainless steel appliances, updated baths & hardwood floors throughout. The roof is only 5 years old in each building & the HVAC is only 2 & 7 years old. The owner has been leasing 3 parking spaces next door for 10 years. The new owner can continue to lease the spaces but not required. This location is highly desirable & located near fabulous restaurants, shopping & public transportation. The seller has leased the single family home in the past & is receiving leasing inquiries. The options are endless with this unique property! Zoning is R3. All tenants pay electricity & gas. Each building has central air conditioning. All tenants have a private laundry room & full size laundry in the 2 flat. The single family home has a designated laundry room with full size laundry.

Additional Information

School District
Corporate Limits
Tax Year
Tax Exemptions
Exterior Building Type
Exterior Property Features
Porch, Brick Paver Patio
Lot Dimensions
Lot Size Range
Less Than .25 Acre
Garage, Space/s
Number Of Cars
Garage Spaces
Garage Door Opener(s)
Parking Spaces
Parking Ownership
Parking On Site
Parking Details
Assigned, Off Alley, Alley Access
Natural Gas, Forced Air, Indv Controls
Public Sewer
Total Rental Income

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Amount of Loan
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Calculator source: Real Geeks

Listing courtesy of Jameson Sotheby's Intl Realty. Selling Office: Keller Williams ONEChicago.

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