Seller's Agent in 2026
Edgar Zelaya
eXp Realty
(773) 510-7584
1 in this area
73 Total Sales
1342 S Fairfield Ave Chicago, IL 60608
Douglass Park Neighborhood
8
Beds
3
Baths
--
Sq Ft
1888
Built
About This Home
As of January 2026Huge 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!
Last Agent to Sell the Property
eXp Realty Brokerage Phone: (773) 510-7584 License #475159638 Listed on: 12/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,870
Year Built
- Built in 1888
Home Design
- Greystone Architecture
- Stone Siding
- Limestone
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 3 Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Stubbed For A Bathroom
Parking
- 2 Parking Spaces
- Parking Available
- Off-Street Parking
- Off Alley Parking
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 3 Units
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/30/2026 01/30/26 | Sold | $290,000 | -3.0% | -- |
| 01/07/2026 01/07/26 | Pending | -- | -- | -- |
| 12/01/2025 12/01/25 | For Sale | $299,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,869 | $34,001 | $4,133 | $29,868 |
| 2024 | $4,869 | $34,001 | $4,133 | $29,868 |
| 2023 | $4,747 | $23,000 | $3,349 | $19,651 |
| 2022 | $4,747 | $23,000 | $3,349 | $19,651 |
| 2021 | $4,640 | $22,999 | $3,348 | $19,651 |
| 2020 | $4,034 | $18,048 | $3,348 | $14,700 |
| 2019 | $4,182 | $20,745 | $3,348 | $17,397 |
| 2018 | $4,111 | $20,745 | $3,348 | $17,397 |
| 2017 | $3,997 | $18,505 | $2,992 | $15,513 |
| 2016 | $3,706 | $18,505 | $2,992 | $15,513 |
| 2015 | $3,391 | $18,505 | $2,992 | $15,513 |
| 2014 | $3,385 | $18,246 | $2,850 | $15,396 |
| 2013 | $3,319 | $18,246 | $2,850 | $15,396 |
Source: Public Records
Agents Affiliated with this Home
-
Edgar Zelaya
-
Oscar Rodriguez
Buyer's Agent in 2026
Oscar Rodriguez
Hunter's Realty, Inc.
(773) 941-9915
1 in this area
11 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12525433
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