Chicago, IL 60626 1508-1512 W Farwell Avenue
$6,000,000



21 more





















Presented By: @properties Christie's International Real Estate
Home Details
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 remodeled with updated kitchens and bathrooms, offering strong rental appeal and low maintenance moving forward. Unit mix includes 2-bedroom, 1-bedroom, and studio apartments, providing versatility and broad tenant demand. CONDO-READY! 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 Drone footage available in virtual tour Prime transit-oriented location makes this a highly desirable rental property with stable income potential.
Presented By: @properties Christie's International Real Estate
General for 1508-1512 W Farwell Avenue
Additional Parcels Description11321150180000
Additional Parcels Y/NYes
Cap Rate5.4
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CountyCook
Current UseMulti-Family
Directionsashland north of pratt to Farwell, east to building
Electric Expense3368
Fuel Expense24575
Gross Income433480
Insurance Expense15093
Lot Size Square Feet17200
MLS AreaCHI - Rogers Park
MaintenanceExpense1200
Net Operating Income355432
Number Of Units Total22
Operating Expense128148
Possible UseCondominium, Multi-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories Count5
Tax Annual Amount51894.64
Tax Year2024
TownshipRogers Park
Trash Expense6755
Virtual TourClick here
Water Sewer Expense21106
Year Built1963
ZoningMULTI
Exterior for 1508-1512 W Farwell Avenue
BuyerOfficeFax(847) 241-2205
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions100x172
Additional Details
Price History
