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13-Unit Walk-Up Apartment Building
For Sale
Contact for pricing
Pending

2050 W Fargo Ave, Chicago, IL 60645

Spacious apartments include separate dining rooms, with garage parking available on site.

Property Size10,586 SF
Days on Market287

Property Features for 2050 W Fargo Ave

General Information

Standard status Pending
Size 10,586 SF
Total Parking Spaces 7
Property subtype Multifamily

Units

Unit Mix 9 x 1bd/1ba, 4 x 2bd/1ba
Multifamily Units 13

Building Details

Year Built 1927
Buildings 1
Units 13
Listing Agency: Kiser Group
Listed By: Danny Logarakis · License #IL
Source: Crexi
Added: Nov 17, 2025 Changed: Aug 30 Last Checked: Aug 30 at 6:17PM

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 Kiser Group

Investment Insights

Based on property information with market context.

Built in 1927, this 13-unit walk-up apartment building contains 10,586 square feet and offers a mix of nine 1bd/1ba apartments and four 2bd/1ba apartments. Each unit includes a separate dining room, while the property also provides a seven-car garage. The building has remained under the same ownership for over 30 years and has received several substantial improvements, including a full roof tear-off and parapet wall rebuild in 2014, new windows in 2010, porch replacement in 2005, tuckpointing in 2023, and a fully rebuilt boiler in 2025.

Located in Chicago’s Rogers Park neighborhood, the property currently has long-term tenancy and rents below market. Additional renovation considerations identified for the building include cosmetic work to kitchens, bathrooms, and common areas, along with potential layout improvements.

Key Highlights

  • 13‑unit walk‑up apartment building with 10,586 square feet
  • Unit mix includes 9 1bd/1ba and 4 2bd/1ba apartments
  • Seven‑car garage provides additional income potential

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Skin Care Clinic Acupuncture HVAC Service Big Box & Wholesale Store Cafe & Coffee Shop

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

13
Residential units

Location Intelligence

Trade Area within ½ mile

2,255
Businesses Nearby

Demographics for 60645, IL

48,356
Population
18,143
Households
2.7
Avg Household Size
36
Median Age
45%
College-Educated
86%
High-School Grad
2.2 sq mi
ZIP Area
21,980
Density / Sq Mi
$77,126
Median Household Income
$40,666
Median Earnings
$1,424
Median Rent
$308,200
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 - Spacious apartments include separate dining rooms, with garage parking available on site.
Where is this apartment building located?
The property is located at 2050 W Fargo Ave Chicago, IL.
What are key features of this property?
This property features: 13‑unit walk‑up apartment building with 10,586 square feet; Unit mix includes 9 1bd/1ba and 4 2bd/1ba apartments; Seven‑car garage provides additional income potential
More about this property
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