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Image 1 - 2129 South Fairfield Avenue, Chicago, IL 60608, USA - Duplex for sale

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Residential Income

2129 South Fairfield Avenue, Chicago, IL 60608, USA

Residential Income

duplex for sale

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Listed: 02/14/23

2129 South Fairfield Avenue, Chicago, IL 60608, USA

6 Bed:

1 Bath:

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Price

$ 844,900

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About This Duplex

FULL & TRUE Gut Rehabbed Down to the Studs. Condo quality, 1, 400sq ft 2 bed/ 2 bath units. Each unit has Modern Kitchens and tasteful bathrooms. Including Quartz Counters, Stainless Steel Appliances, Wood floors throughout, in-unit laundry and a parking pad in the rear. Top and Bottom rented for $1900/month (under market rents) with middle unit vacant for potential owner occupant. Buildings is in a great location; close to Public transportation, shopping, parks, and the high school. Tenants pay all electric and gas utilities. "West Pilsen" is booming with rising rents and increase demand but very little inventory. Can come with professional management at $450/month that handle everything. Also easy to self manage. Very low maintenance investment property.

Property Includes

Parking

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Bohemian California Housing & Living

Household Income

Median household income: $57,238

Number of households: 1,1M

The average household income in Chicago, IL grew from $55,295 to $57,238 in the past year. This data is an estimate based upon 1,1M households in Chicago, IL.
The chart below presents how household income is distributed in Chicago, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chicago, IL compared to median property taxes around the country. The prevalent amount of property taxes in Chicago, IL equals $3k+ , which is more than the national average.

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