1508-1512 W Farwell Avenue, Chicago, IL 60626
Cook County
Key Facts
Description
COURT YARD BUILDING! 22-Unit Apartment Building with 22 Parking Spaces - Prime Rogers Park Location. Exceptional investment opportunity in the heart of Rogers Park! This solid brick 22-unit multi-family building includes a rare 22 adjacent parking spaces, all included in the sale. The property has been mostly remodeled with updated kitchens and bathrooms, offering strong rental appeal and low maintenance moving forward. Roof is newer. Unit mix includes 2-bedroom, 1-bedroom, and studio apartments, providing versatility and broad tenant demand. There are 3 units that could easily be converted to 3 bedroom apartments. Additional highlights: On-site laundry for added income Walking distance to the Red Line train Strong rental location with historically low vacancy. Adjacent parking lot included. Prime transit-oriented location makes this a highly desirable rental property with stable income potential.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1963
Stories
5
Lot Size
17,200 sq ft
Lot Dimensions
100x172
Zoning
MULTI
Days on Market
7
MLS® Listing#
12676923
Property Features
Construction
Foundation
Utilities
Financial Details
Annual Taxes
$51,895
Tax year 2024
Parcel Number
11321150180000
Directions
ashland north of pratt to Farwell, east to building
Affordability Calculator
$1,140,000
Estimated monthly payment
$30,338/mo
Principal $4,560,000 · Est. interest $6,361,606 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Chicago, IL
- $388,137
- Median Listing Price
- 47
- Median Days on Market
- 1,429
- Median Sq Ft
- $276
- Median Price / Sq Ft
- 4,628
- Active Listings
- This home’s price is 1369% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.
Location
Points of Interest in Chicago, IL
Showing the Chicago area map.
Nearby Schools
Lake Shore Schools
School · 0.1 mi away
Eugene Field Elementary School
Elementary · 0.2 mi away
Kilmer Elementary School
Elementary · 0.2 mi away
New Field Elementary School
Elementary · 0.2 mi away
Sullivan High School
Secondary · 0.3 mi away
Eyes on the Future
School · 0.4 mi away
Northshore Academy for Children
School · 0.5 mi away
Chicago Math and Science Academy
School · 0.6 mi away
Hayt Elementary School
Elementary · 0.8 mi away
Jordan Community School
Elementary · 0.9 mi away
George Armstrong Elementary School
Elementary · 0.9 mi away
Gale Community Academy
School · 1.0 mi away
Georges Sunshine Preschool & Kindergarten
School · 1.0 mi away
Sacred Heart Schools
Secondary · 1.0 mi away
Chicago Public Schools
School · 1.0 mi away
Cruz - Acero Schools
School · 1.1 mi away
St. Scholastica Academy
Secondary · 1.1 mi away
Misericordia School
Elementary · 1.1 mi away
Families Together Cooperative Nursery School
School · 1.1 mi away
Chicago Friends School
Elementary · 1.2 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2705 N Bosworth Avenue, Chicago, IL | $3,995,000 | 7 | 5 | 5,676 |
| 2658 N Mildred Avenue, Chicago, IL | $3,998,000 | 6 | 7 | 6,400 |
| 4711 N Lamon Avenue, Chicago, IL | $3,999,000 | — | — | 41,432 |
| 6039 N Western Avenue, Chicago, IL | $3,999,999 | — | — | 5,300 |
| 6017-59 N Western Avenue, Chicago, IL | $3,999,999 | — | — | — |
| 353 W BELDEN Avenue, Chicago, IL | $4,000,000 | 6 | 7 | 5,000 |
Moving Cost Estimate
EXIT Agents in Chicago
Listing Courtesy: @properties Christie's International Real Estate - 8476925522
Last Updated: 2026-06-12