1127 W Farwell Avenue Unit 106
Chicago, IL 60626
Map
- 1 bed
- 1 bath
- – sqft
- 1926 build
- – on site
Investor opportunity! This charming one-bedroom condo is perfectly located just steps from Lake Michigan and within walking distance to Loyola University and public transportation. Situated in a historic former hotel, the unit features hardwood floors, a spacious living room and bedroom, a brand-new dishwasher, radiator heat, window A/C units, and newer windows. The building offers on-site laundry and additional storage, and is known for its stability and ease of rental. Currently leased through 9/30/2025, this is a turnkey investment with a strong rental history in a high-demand area. Don't miss your chance to own in one of Chicago's most desirable neighborhoods!
Last checked:
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Last updated Jul 11, 2025
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MLS# 12416671 —
The Building
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Year Built:1926
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Rebuilt:No
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New Construction:false
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Construction Materials:Brick
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Basement:None
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Disability Access:No
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Other Equipment:Intercom, CO Detectors
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Stories Total:3
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Living Area Source:Not Reported
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Entry Level:1
Interior
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Room Type:No additional rooms
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Rooms Total:4
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Flooring:Hardwood
Location
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Directions:Sheridan to Farwell East to property
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Location:86385
The Property
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Parcel Number:11322020201006
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Property Type:Residential
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Lot Size Dimensions:COMMON
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (773) 444-0400
- Office phone:
- (847) 844-0144
Taxes
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Tax Year:2023
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Tax Annual Amount:2369
Beds
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Bedrooms Total:1
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Bedrooms Possible:1
Baths
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Baths:1
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Full Baths:1
The Listing
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Special Listing Conditions:List Broker Must Accompany
Heating & Cooling
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Heating:Steam
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Cooling:Wall Unit(s)
Utilities
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Sewer:Public Sewer, Storm Sewer
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Electric:Service - 60 Amp
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Water Source:Lake Michigan, Public
Appliances
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Appliances:Dishwasher, Refrigerator
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
The Community
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Pets Allowed:Cats OK, Dogs OK
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Association Amenities:Bike Room/Bike Trails, Coin Laundry, Storage
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Association Fee:232
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Association Fee Includes:Heat, Water, Gas, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
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Association Fee Frequency:Monthly
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Master Assoc Fee Frequency:Not Required
Monthly cost estimate
Asking price
$155,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$829
|
| Taxes | $197 |
| Insurance | $42 |
| HOA fees | $232 |
| Utilities | N/A |
| Total | $1,300/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/10/25
Jul 10, 2025
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Listed / Active | MRED | $155,000 | 39.6% (7.0% / YR) |
|
12/4/20
Dec 4, 2020
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Listed / Active | MRED | ||
|
11/18/19
Nov 18, 2019
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MRED | $111,000 |
35% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $7k above asking price on average, but some went as high as $25k over asking price.
