Active Under Contract

$375,000

1692 Farwell Avenue, Des Plaines, IL 60018
5 Beds2 Baths0 sqft7 days
1692 Farwell Avenue·Des Plaines, IL 60018
5Bedrooms
2Bathrooms
0Sq Ft
1944Year Built
About This Home

Investor | Builder Opportunity in Prime Des Plaines Location! Attention investors, rehabbers, and builders: this is the opportunity you've been waiting for. Situated on an expansive 103 x 180 lot (approx. 0.41 acres) in a highly desirable Des Plaines neighborhood, this property offers incredible potential for renovation, redevelopment, or new construction. The existing home features 5 bedrooms, 2 bathrooms, and over 2,100 square feet of living space, making it ideal for a full rehab project or rental hold. The property is being sold AS-IS. Unique architectural details such as birch plank-and-beam ceilings and a custom staircase add character and potential value. The oversized lot presents a rare opportunity for builders, with potential to tear down and build new, or explore redevelopment options (buyer to verify zoning and subdivision possibilities). Located in a sought-after area of Des Plaines known for its convenient access to O'Hare Airport, major expressways, strong local economy, and highly rated schools, this property is perfectly positioned for both resale and long-term investment. Sold AS-IS. Cash or renovation loans preferred.

MLS# 12729192Listed August 10, 2026Residential
Property Details

Beds & Baths

Total Bedrooms5
Total Bathrooms2
Full Baths2
Half Baths0
Total Rooms8

Size & Structure

Living Area0 sqft
Garage Spaces2
Year Built1944
Lot Size0.413 acres

Location

CountyCook
TownshipMaine
Zip Code60018

Financial

List Price$375,000
Annual Taxes (2024)$8,358
Monthly Tax Est.$697
Parcel #09331090490000
Interior Features

Appliances

RangeDishwasherRefrigeratorWasherDryer

Heating

Natural GasForced Air

Cooling

Central Air

Basement

None
Exterior & Lot

Construction

Aluminum SidingFrame

Roof

AsphaltRubber

Foundation

Concrete Perimeter

Patio & Porch

Patio
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Electric

200+ Amp Service

Parking

ConcreteYesGarage OwnedAttachedGarage
HOA & Community
HOA Fee
$0
Not Applicable

HOA Includes

None
Tax & Financial
Annual Taxes
$8,358
Tax Year 2024
Monthly Tax Est.
$697
per month
Property Location

1692 Farwell Avenue, Des Plaines, IL 60018 — Cook County

$375,000
1692 Farwell Avenue
5 bd2 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
7 days on market
2-car garage
0.413 acres
$8,358/yr taxes
$0 HOA (not applicable)
$2,667
estimated monthly payment
Principal & Interest
$1,971/mo
Property Tax
$697/mo
$375,000
20% — $75,000
3%50%
6.875%
3%12%
Loan Amount
$300,000
Down Payment
$75,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Real Broker, LLC
Agent: Ubaldo Diaz
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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