Date
Details
Price
Change
Source
6/12/2026
Listed
$5,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$5,700,000 Just Listed
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Property Description & Video
1508-1512 W Farwell Avenue, Chicago, ILVideo Tour of 1508-1512 W Farwell Avenue, Chicago, IL.
COURT YARD BUILDING! 22-Unit Apartment Building with 22 Parking Spaces - Prime Rogers Park Location. Exceptional investment opportunity in the heart of Rogers Park! This solid brick 22-unit multi-family building includes a rare 22 adjacent parking spaces, all included in the sale. The property has been mostly remodeled with updated kitchens and bathrooms, offering strong rental appeal and low maintenance moving forward. Roof is newer. Unit mix includes 2-bedroom, 1-bedroom, and studio apartments, providing versatility and broad tenant demand. There are 3 units that could easily be converted to 3 bedroom apartments. Additional highlights: On-site laundry for added income Walking distance to the Red Line train Strong rental location with historically low vacancy. Adjacent parking lot included. Prime transit-oriented location makes this a highly desirable rental property with stable income potential.
Full Property Details
Full Property Details for 1508-1512 W Farwell Ave
General
- Price: $5,700,000
- HOA FEE: $1,200
- Taxes: $51,895 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12676923
- Updated: 6/12/2026
- Added to Site: 4 day(s) ago
Location
- Area: CHI - Rogers Park
- County: Cook
- Township: Rogers Park
- Driving Directions: ashland north of pratt to Farwell, east to building
- Location Details: Freestanding/Urban
Heating & Cooling
- Heating Type: Central Building Heat
Utilities
- Water: Municipal Water
- Trash: 6755
- Onsite: Sewer Connected, Water Available, Cable Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 5
- Current Bldg. Use: Multi-Family
- Year Built: 1963
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 17,200
- Lot Dimensions: 100 x 172
- Frontage: City Street
- Potential Use: Condominium, Multi-Family
- Zoning: MULTI
Financial Considerations
- Maint. Fee: $1,200
- Insurance Fee: $15,093
- Operating Expenses: $128,148
- Other Fee: $1,000
- Assessment Year: 1963
- Tax Amount: $51,895
- Tax Year: 2024
- Pays Electric: 3368
- Pays Trash: 6755
Disclosures and Reports
- Property ID: 11321150180000
Listed by @properties Christie's International Real Estate
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Price & Sales History for 1508-1512 W Farwell Ave
Tax History
Tax History for 1508-1512 W Farwell Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$12,919
—
$129,079
111%
2023
$12,919
-11%
$61,228
-13%
2022
$14,498
-16%
$70,489
-18%
2021
$17,331
17%
$86,186
30%
2020
$14,811
11%
$66,487
—
2019
$13,358
61%
$66,487
59%
2018
$8,280
9%
$41,919
19%
2017
$7,612
14%
$35,358
6%
2016
$6,677
4%
$33,335
-5%
2015
$6,447
13%
$35,183
14%
2014
$5,716
-6%
$30,808
-8%
2013
$6,095
1%
$33,513
-1%
2012
$6,046
—
$33,693
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1508-1512 W Farwell Ave
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- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 1Total Bath
- 982Sq. Ft.
Listed by Tom Baker (630) 788-8744
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,260Sq. Ft.
Listed by Teresa Spyrka (773) 805-2100
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- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 2,200Sq. Ft.
Listed by Irma Mejia (312) 671-1480
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,143Sq. Ft.
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1508-1512 W Farwell Avenue, Chicago, IL 60626 (MLS# 12676923) is a Commercial property. 1508-1512 W Farwell Avenue is currently listed for $5,700,000 and was received on June 12, 2026. Want to learn more about 1508-1512 W Farwell Avenue? Do you have questions about finding other Commercial real estate for sale in Rogers Park? You can browse all Rogers Park real estate or contact a Coldwell Banker agent to request more information.