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Listing provided courtesy of RE/MAX Properties NorthwestMREDas Distributed by MLSGrid- MLS# 12648821MLS Provider

1634 W Fargo AvenueChicago, IL 60626

Commercial · 13 Beds · 8,310 Sq. ft.
$1,495,000 Active

1634 W Fargo Avenue Overview

Time on Site:
42 days
Visits:
1

Great opportunity to acquire a clean, stable, fully rented classic 6 Flat. Rents are below market, with a family member in 1 of the remodeled apartments, each with 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. Bright carpeted hallways bathed in light including skylights. There is a vacant, non-conforming 7th unit 1BR garden-level unit which might be able to add another 10-12K of income annually. Building has been fully tuckpointed, has newer rear porch stairways, newer roof, and a secure enclosed yard & patio, + 2 rentable garage spaces. Each unit has a lockable storage closet, coin laundry onsite, and a tiled rec area in the bright basement.

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1634 W Fargo Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 8,310
  • Price/Sq.ft. $180

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 623
  • Fuel Expense: 7982
  • Gross Income: 107800
  • Gross Scheduled Income: 107800
  • Insurance Expense: 5500
  • Maintenance Expense: 1000
  • Net Operating Income: 67800
  • Operating Expense: 39999
  • Trash Expense: 1500
  • Water Sewer Expense: 2500

Building Information

  • Year Built: 1915

Business Information

  • Current Use: Multi-Family

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Rogers Park
  • Township: Rogers

Parking Information

  • Parking Ratio: 0.33

Rent/Lease Information

  • Tenant Pays: None

Tax Information

  • Tax Annual Amount: $20,894.44
  • Tax Year: 2024

General Information

  • Parcel Number: 11304120040000
  • Possible Use: Condominium,Multi-Family
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

Building Interior

  • Building Area Total: 8310

General Information

  • Basement: Partially Finished, Exterior Entry, Bath/Stubbed, Sleeping Area, Storage Space
  • Cooling: None
  • Electric: Circuit Breakers, Service - 0 to 100 Amps
  • Fireplaces Total: 6
  • Foundation Details: Concrete Perimeter
  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 71 X 88 X 67 X 73
  • Lot Size Square Feet: 5499
  • Water Source: Municipal Water

Building Exterior/Construction

  • Construction Materials: Brick, Concrete
  • Roof: Tar/Gravel

General Information

  • Number Of Units Total: 6
  • Sewer: Storm Sewer
  • Utilities: Sewer Connected,Cable Available

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 1

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 1

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 1

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 1

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 1
  • Baths Total: 1
  • Units Total: 1

1634 W Fargo Avenue Neighborhood

Community

60626 (Chicago) Demographics

34
Median Age
23,561
Population Density (per sq. mile)
54%
College Educated
$45,632
Estimated Median Income
5,870
Estimated Total Home Owners
17,172
Estimated Total Renters
25% / 75%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1634 W Fargo Avenue Monthly Cost

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Jeremy Woods
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1634 W Fargo Avenue Market Data

Based on the last 30 days in this zip code

$304,919
Average List Price
$331
Average Price per Square Foot
36
Properties Sold
35
Average Days on Market
78
Properties for Sale
Calculations provided by Reliance Network

1634 W Fargo Avenue History

Date Event Value Agent
5/23/2026Source: MRED Status Change
Active
5/18/2026Source: MRED Added to Database
May 18, 2026