Classic 6-Flat Multifamily
For Sale
$1,199,000
1634 W Fargo Avenue, Chicago, IL 60626
Fully leased 6-flat with potential for additional income.
Property Size8,310 SF
Price / SF$144.28
Days on Market96
Property Features for 1634 W Fargo Avenue
General Information
Standard status
Active
Size
8,310 SF
Property subtype
Commercial
Zoning
MULTI
Taxes and HOA fees
Annual Taxes
$20,894
Building Details
Building Size
8,310 SF
Year Built
1915
Stories
3
Units
6
Listing Agency:
RE/MAX Properties Northwest
(847) 698-7000
Listed By:
Donald Gelfund · License #475138602
(847) 698-7000
Source:
Gia-sells
Added: May 20
Changed: Aug 23
Last Checked: Aug 23 at 10:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Properties Northwest
Investment Insights
Based on property information with market context.
This is a fully leased classic 6-flat building. Each of the apartments features 2 bedrooms plus a sunroom. The property includes restored hardwood features and numerous updates, including copper plumbing, windows, dishwashers and disposers, and circuit breaker electric, as well as updated common areas. There is a vacant, non-conforming 1-bedroom garden-level unit that could potentially add additional annual income. The building has been fully tuckpointed and features newer rear porch stairways, an enclosed yard and patio, and 2 rentable garage spaces. Each unit has a lockable storage closet. Onsite amenities include coin laundry and a tiled recreation area in the bright basement.
Key Highlights
- Fully leased 6‑unit building with potential for increased rental income.
- Vacant 1BR garden‑level unit offers opportunity for additional income (10‑12K annually).
- Numerous updates including copper plumbing, windows, dishwashers & disposers, and circuit breaker electric.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,841
Businesses Nearby
Explore this area
Business Placement
Demographics for 60626, IL
50,548
Population
26,812
Households
1.9
Avg Household Size
36
Median Age
53%
College-Educated
91%
High-School Grad
1.7 sq mi
ZIP Area
29,734
Density / Sq Mi
$57,452
Median Household Income
$39,527
Median Earnings
$1,265
Median Rent
$269,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased 6-flat with potential for additional income.
Where is this apartment building located?
The property is located at 1634 W Fargo Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Fully leased 6‑unit building with potential for increased rental income.; Vacant 1BR garden‑level unit offers opportunity for additional income (10‑12K annually).; Numerous updates including copper plumbing, windows, dishwashers & disposers, and circuit breaker electric.
