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Six-Unit Apartment Building
For Sale
$1,199,000

1634 W Fargo Avenue, Chicago, IL 60626

Classic multifamily property with updated systems, shared amenities, garage parking, and an enclosed outdoor area.

Property Size8,310 SF
Days on Market13

Property Features for 1634 W Fargo Avenue

General Information

Standard status Active
Size 8,310 SF
Total Parking Spaces 2
Property subtype Commercial
Zoning MULTI

Units

Unit Mix 6 x 2BR + sunroom, 1 x 1BR garden-level
Multifamily Units 7

Taxes and HOA fees

Annual Taxes $20,894

Amenities

restored hardwood features
dishwashers & disposers
skylights
coin laundry
secure enclosed yard & patio
lockable storage closet
tiled rec area

Building Details

Building Size 8,310 SF
Year Built 1915
Stories 3
Units 6
Listing Agency: RE/MAX Properties Northwest
Listed By: Donald Gelfund · License #475138602
Source: Jjillrealtygroup
Added: Aug 18 Changed: Aug 28 Last Checked: Aug 29 at 10:18AM

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.

Built in 1915, this six-unit apartment building contains apartments configured with two bedrooms and a sunroom. The property includes restored hardwood details, copper plumbing, updated windows, dishwashers and disposers, circuit-breaker electrical service, and improvements to the common areas. Hallways receive natural light through skylights, while each apartment has a lockable storage closet.

A vacant, non-conforming seventh unit with one bedroom occupies the garden level. Additional property features include coin laundry, a tiled recreation area in the basement, a secure enclosed yard and patio, and two garage spaces. The building has been tuckpointed and includes newer rear porch stairways and a newer roof. The property is zoned MULTI and is located at 1634 W Fargo Avenue in Chicago, Illinois 60626.

Key Highlights

  • Six apartments, each with 2 bedrooms and a sunroom
  • Vacant, non‑conforming 7th unit with 1 bedroom at garden level
  • Two rentable garage spaces plus secure enclosed yard and patio

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm HVAC Service Garden Center Kitchen & Bath Showroom Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

1,841
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Classic multifamily property with updated systems, shared amenities, garage parking, and an enclosed outdoor area.
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: Six apartments, each with 2 bedrooms and a sunroom; Vacant, non‑conforming 7th unit with 1 bedroom at garden level; Two rentable garage spaces plus secure enclosed yard and patio
More about this property
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