Chicago, IL 60626 1634 W Fargo Avenue
$1,495,000
Presented By: RE/MAX Properties Northwest
Beds • 3
SQFT • 8,310
Home Details
Great opportunity to acquire a clean, stable, fully leased classic 6 Flat. Rents are on the lower side, with a relative in 1 of the remodeled apartments, each has 2BRs + sunroom. Feats include: restored hardwood features and numerous updates including copper plumbing, windows, dishwashers & disposers, circuit breaker electric as well as the common areas. There is a vacant, non-conforming 7th unit 1BR garden-level unit which could add another 10-12K of income annually. Building has been fully tuckpointed, has newer rear porch stairways, an enclosed yard & patio, and 2 rentable garage spaces. Each unit has a lockable storage closet, coin laundry onsite, and a tiled rec area in the bright basement.
Presented By: RE/MAX Properties Northwest
Interior Features for 1634 W Fargo Avenue
Other Interior Features
BasementPartially Finished, Exterior Entry, Bath/Stubbed, Sleeping Area, Storage Space
Total Fireplaces6
General for 1634 W Fargo Avenue
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick, Concrete
CoolingNone
CountyCook
Current UseMulti-Family
DirectionsTouhy (7200N) to Ashland (1600W) N to Fargo, W (one way).
ElectricCircuit Breakers, Service - 0 to 100 Amps
Electric Expense623
Fuel Expense7982
Gross Income107800
Insurance Expense5500
Lot Size Square Feet5499
MLS AreaCHI - Rogers Park
MaintenanceExpense1000
Net Operating Income67800
Number Of Units Total6
Operating Expense39999
PossessionClosing
Possible UseCondominium, Multi-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofTar/Gravel
SewerStorm Sewer
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount20894.44
Tax Year2024
Tenant PaysNone
TownshipRogers
Trash Expense1500
UtilitiesSewer Connected, Cable Available
Water Sewer Expense2500
Year Built1915
ZoningMULTI
Exterior for 1634 W Fargo Avenue
Building Area Total8310
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions71 X 88 X 67 X 73
Water SourceMunicipal Water
Additional Details
Price History
