4429 S Fairfield Avenue

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4429 S Fairfield Avenue

Chicago, IL 60632
Asking Price
$500K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located at 4429 S Fairfield Avenue
  • Priced at 500000 dollars for the Chicago property
  • Asset type categorized as a residential multifamily building
  • Positioned within the active Chicago real estate market
  • Investment opportunity situated in the 60632 ZIP code

What's Special

Investors seeking to expand their residential holdings in Chicago will find a functional apartment building at 4429 S Fairfield Avenue. This multifamily property is positioned within the 60632 ZIP code, providing a strategic foothold in one of the Midwest's most resilient rental markets. The asset presents a straightforward opportunity for those focused on income-producing residential real estate within a dense urban environment. Residents in this area benefit from proximity to major Chicago infrastructure, local transit corridors, and established neighborhood services that characterize this sector of the city. Given the consistent demand for rental housing throughout Chicago, this apartment building serves as a practical addition to a diversified investment portfolio. Whether targeting long-term appreciation or steady cash flow, this asset integrates into the existing fabric of the surrounding multifamily landscape.

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NOI
$80,000
Cap Rate
16.00%
DSCR
2.69
Strong
Cash-on-Cash
33.54%
Monthly Payment
$2,473.727
Annual Cash Flow
$50,315.274

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