For Sale
2127 S Fairfield Ave
Chicago, IL, 60608 • Little Village • Cook County
$600,000
Down payment assistance available
8Beds
4Baths
0.07 acLot
Property DNA
Just Listed
Listed Apr 14, 2026
Market activity
Demand and pricing signals for this listing
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About this home
Multi Family
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.
Standout features identified
Our analysis highlights two newer furnaces, exterior stairs and railings, and updated hot water heaters as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,734/month
Principal & Interest$2,934
Property Tax$600
Insurance$200
Down payment20% ($120,000)
3%50%
Est. 6.18% rate · 30yr fixed · $480,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
HeatingNatural Gas, Forced Air
Parking0 spaces
Days on Zillow0
Property
Home typeMulti Family
Sub-typeMulti Family
Systems
HeatingNatural Gas, Forced Air
ConstructionBrick
Water / SewerLake Michigan / Public Sewer
Parking & Outdoor
BasementUnfinished,Full
Lot3,125 sqft
Location & Tax
NeighborhoodLittle Village
Annual tax$8,325
Parcel1624422011
Bathrooms & Fees
Full baths4
Features & details
2 categories of property features
Interior Features
Heating
Natural Gas
Forced Air
Exterior Features
Construction
Brick
Listing insights
Market data and value estimates
StatusFor Sale
Est. value$590,000
Est. rent$1,592/mo
Tax rate1.99%
On marketApr 14, 2026
PostedApr 14, 2026
Last sold$295,000
MLS statusNew
MLS updatedApr 14, 2026
Tour days9
Views70
Favorites5
How are the schools in Chicago?
2 schools rated nearby
Location
Chicago, IL, 60608
Price history
5 events
DateEventPrice$/sqftSource
Apr 14, 2026Listed For Sale$600,000—MRED as distributed by MLS GRID
Jan 21, 2021Sold$295,000—Public Record
Mar 28, 2008Sold$130,000—MRED as distributed by MLS GRID
Oct 22, 2002Sold$190,000—Public Record
Sep 2, 1994Sold$124,000—Public Record
Listed For Sale$600,000
Apr 14, 2026•MRED as distributed by MLS GRID
Sold$295,000
Jan 21, 2021•Public Record
Sold$130,000
Mar 28, 2008•MRED as distributed by MLS GRID
Sold$190,000
Oct 22, 2002•Public Record
Sold$124,000
Sep 2, 1994•Public Record
Tax history
25 years of records
YearTax paidAssessed value
Apr 15, 2023$6,224$29,500
Apr 15, 2022$6,068$29,500
Apr 15, 2021$9,250$45,999
Apr 15, 2020$4,330$19,439
Apr 15, 2019$4,541$22,604
Apr 15, 2018$4,465$22,604
Apr 15, 2017$3,639$16,903
Apr 15, 2016$4,361$21,772
Apr 15, 2015$3,990$21,772
Apr 15, 2014$3,448$18,582
Apr 15, 2013$3,380$18,582
Apr 15, 2012$3,334$18,582
Apr 15, 2011$3,942$24,328
Apr 15, 2010$3,959$24,328
Apr 15, 2009$3,794$24,328
Apr 15, 2008$4,628$32,262
Apr 15, 2007$4,582$32,262
Apr 15, 2006$4,631$32,262
Apr 15, 2005$3,041$18,613
Apr 15, 2004$3,011$18,613
Apr 15, 2003$2,945$18,613
Apr 15, 2002$2,541$14,144
Apr 15, 2001$2,099$14,144
Apr 15, 2000$2,385$14,144
Apr 15, 1999$2,401$12,417
Nearby homes
Neighborhood details
Local context around this listing
Chicago, IL • Cook County
Nearby neighborhoods
GreshamIrving ParkLake ViewLincoln ParkLittle VillageLogan SquareRogers ParkSouth AustinUptownWest Ridge
Nearby cities
Arlington HeightsChicagoCiceroDes PlainesElginEvanstonOrland ParkPalatine
Nearby zip codes
60608606176061860623606256062960632606346063960647
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Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)
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