5540 N Fairview Ave, Chicago, IL 60656
Property image
Property image
OFF MARKET

$532,500

Trulia Estimate
as of Sep 19, 2026
  • 4 Beds
  • 3 Baths
  • 1,440 sqft

5540 N Fairview Ave, Chicago, IL 60656

O'Hare

Home Highlights

Single-Family Home
1,440 sqft
$370/sqft
Garage

Local Information

  • Map ViewExplore the area around 5540 N Fairview Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

This beautiful 4-bedroom, 3-bathroom home, available for lease starting 01/01/26, is located in a rare, unincorporated section of Chicago, offering the charm of suburban living with easy access to city amenities. Families will especially appreciate that this property is part of the highly regarded Pennoyer School District (K8) and Maine South High School, making it an ideal choice for those seeking top-notch education for their children.
The home features a spacious layout with a modern kitchen complete with stainless steel appliances and a garbage disposal, an in-unit washer and dryer, ample storage, unfinished basement, and a deck perfect for entertaining. Additional highlights include central air conditioning, a 2-car garage, and plenty of living space for families of all sizes. Cats are welcome!

Monthly Rent: $3,495
Security Deposit: $3,495
Lease Admin Fee: $500
Resident Benefit Package: $39/Month
Pet Admin Fee: $200
Pet Deposit: $250
Pet Rent: $35/Month (per pet)

Application Fee per Adult: $60

SCAM WARNING: DO NOT wire, or Western Union funds, or pay any type of funds to ANYONE that says they own or manage this property/home. IT IS A SCAM
5540 N Fairview Ave, Chicago, IL 60656 is a 4 bedroom, 3 bathroom, 1,440 sqft single-family home in O'Hare. More recently, it was listed as a rental in October 2025 with an asking price of $3,495 per month. That rental listing was removed on March 11, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $532,500, with a rent estimate of $3,262/month.

Home Details for 5540 N Fairview Ave

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: Contact For Details

Interior Features

Appliances & Utilities
DishwasherDisposalDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Air ConditioningCooling System: Air Conditioner, Central Air

Exterior Features

Exterior Home Features
Lawn
Parking & Garage
GarageParking: Garage, On Site

Comparable Sales for 5540 N Fairview Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
8132 W Gregory St, Chicago, IL
0.21
Single-Family Home
$425,000
06/11/26
4
3
1,404 sqft
5627 N Prospect Ave, Chicago, IL
0.14
Single-Family Home
$669,000
05/07/26
3
2.5
1,976 sqft
8231 W Balmoral Ave, Chicago, IL
0.22
Single-Family Home
$570,000
11/21/25
4
3
2,055 sqft
8340 W Balmoral Ave, Chicago, IL
0.17
Single-Family Home
$532,500
11/24/25
3
3
1,807 sqft
5654 N Manor Ln, Norwood Park, IL
0.22
Single-Family Home
$575,000
05/05/26
3
2.5
1,337 sqft
8135 W Rascher Ave, Chicago, IL
0.26
Single-Family Home
$720,000
09/14/26
4
3
1,950 sqft
5627 N Prospect Ave, Park Ridge, IL
0.14
Single-Family Home
$669,000
05/15/26
4
2
1,976 sqft
8238 W Balmoral Ave, Chicago, IL
0.18
Single-Family Home
$700,000
08/31/26
4
2.5
2,721 sqft
8300 W Balmoral Ave, Chicago, IL
0.17
Single-Family Home
$515,000
03/31/26
3
1.5
1,595 sqft
5452 N Pittsburgh Ave, Chicago, IL
0.14
Single-Family Home
$250,000
07/13/26
3
2
1,387 sqft

Nearby homes

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Rental Market Trends in O'Hare

Last updated Sep 2026
Trulia Rent Estimate$3,262/mo
Average rent
$1.64K
$165MoM
Available listings
35
View rental market trends in Chicago, IL

Around this home

Neighborhood Overview

O'Hare
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about O'Hare

At least 119 Trulia users voted on each feature.

  • 81 % Say it's dog friendly

  • 81 % Say there are sidewalks

  • 74 % Say car is needed

  • 72 % Say streets are well-lit

  • 67 % Say it's walkable to grocery stores

  • 64 % Say kids play outside

  • 60 % Say people would walk alone at night

  • 56 % Say there's holiday spirit

  • 54 % Say there's wildlife

  • 53 % Say it's walkable to restaurants

  • 53 % Say parking is easy

  • 49 % Say it's quiet

  • 49 % Say they plan to stay for at least 5 years

  • 47 % Say yards are well-kept

  • 35 % Say neighbors are friendly

  • 26 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Friendly and respectful people always have a great attitude and respect to others and their families "
    0
    Flag
  • Trulia User
    "am living in this area for 3 years nice neighbors safe area near Chicago downtown near Airport near stores"
    3
    Flag
  • Sean L.
    "Its not bad for city workers who have to live in the city. You’re still close to the burbs and good access to the expressway"
    4
    Flag
  • Penny S.
    "I am really not sure! not a dog owner but there is the forest preserve to walk your dogs and even the sidewalks are big enough with a lot of grass on the side to do their business! Everyone that I know that have a dog in the neighborhood love the walks in the area. Pretty safe which you can walk at night with not a problem "
    0
    Flag
  • Eric M.
    "Home is my best way to describe here. It’s calm and beautiful. And I wouldn’t prefer anywhere else unless it’s a island."
    0
    Flag
  • Trulia User
    "My neighborhood has great accessibility to trains, buses and lots of nearby restaurants, stores, businesses and parks"
    0
    Flag
  • hga
    "I live here for 3 years it’s nice but for singles or couples so not much houses around it’s gooooooooooood"
    8
    Flag
  • Michelle B.
    "Very nice neighborhood. We have festivals. We are walking distance to blue line train and grocery stores."
    0
    Flag
  • Michelle B.
    "Great neighborhood! Close to the train 10 min walk to the blue line. 10 min drive to the airport and close to the highways. "
    0
    Flag
  • Karenlofy
    "I live here and love it! Everything is close by...forest preserve, transportation, culture, & nice people. This is my last resort."
    9
    Flag

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Mar 11, 2026
Source: Zillow Rentals
ListingRemoved
$3,495
Oct 22, 2025
Source: Zillow Rentals
Listed For Rent
$3,495
Feb 7, 2018
Source: Agent Provided
ListingRemoved
$2,300
Jan 18, 2018
Source: Agent Provided
Listed For Rent
$2,300

Frequently asked questions about 5540 N Fairview Ave

  • What is 5540 N Fairview Ave estimated to be worth?
    Trulia's estimated value for 5540 N Fairview Ave in Chicago, IL is $532,500.
  • Is Chicago a buyer's or seller's market?
    Chicago is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Chicago?
    The median sale price in Chicago is $397K. That is up $10.62K from the prior month.
  • What do residents say about the O'Hare neighborhood?
    Residents describe the O'Hare neighborhood in Chicago, IL as dog-friendly, pedestrian-friendly, and walkable to grocery stores. See recently sold homes in O'Hare, Chicago.
  • Does 5540 N Fairview Ave have air conditioning?
    Yes, 5540 N Fairview Ave in Chicago, IL has air conditioning.
  • Does 5540 N Fairview Ave have laundry facilities?
    Yes, 5540 N Fairview Ave in Chicago, IL has in-unit laundry.

Homes for rent near 5540 N Fairview Ave

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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