$375,000

1692 Farwell Avenue, Des Plaines, IL 60018

Active Under Contract
5 beds 2 baths 2,157 sqft (assessor) Built 1944 Residential MLS #MRD12729192 7 days on market
Listing courtesy of Real Broker, LLC · 217-960-8605 · steve.carvelli@joinreal.com · MLS #MRD12729192 · Status: Active Under Contract
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.

Property details

Interior

Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer
Interior features
Cathedral Ceiling(s)
Basement
None
Additional rooms
Bedroom 5
Total rooms
8

Building & exterior

Age
81-90 Years
Exterior
Aluminum Siding, Frame
Roof
Asphalt, Rubber
Foundation
Concrete Perimeter
Patio & porch
Patio
Exposure
South

Parking

Garage spaces
2
Total spaces
2
Parking details
Concrete, Yes, Garage Owned, Attached, Garage

Lot & location

Lot dimensions
103X180
Township
Maine
County
Cook

Utilities

Heating
Natural Gas, Forced Air
Cooling
Central Air
Water
Lake Michigan
Sewer
Public Sewer
Electricity
200+ Amp Service

HOA & community

Assessment includes
None

Schools

Elementary
(62)
Junior high
(62)
High school
(207)

Taxes & terms

Annual taxes
$8,357 (2024)
Parcel number (PIN)
09331090490000
PIN
09331090490000
Ownership
Fee Simple
Possession
Closing
Special conditions
None
Listed
8/10/2026

Rooms

RoomSizeLevelFlooring
Bedroom 511X9MainCarpet
Bedroom 214X11SecondCarpet
Bedroom 314X10SecondCarpet
Bedroom 410X10MainCarpet
Dining RoomN/A
Family Room11X22MainCarpet
Kitchen22X12MainVinyl
LaundryN/A
Living Room12X24MainCarpet
Master Bedroom20X13SecondCarpet

What would this home cost per month?

Using this listing's actual tax bill (2024) — adjust anything.

Rates move daily — edit to today's quote. Under 20% down adds PMI automatically.

Estimated monthly payment
$0
Principal & interest
Property taxes
Insurance
PMI (under 20% down)
HOA / assessments

Estimates only — not a loan offer or quote; your rate, insurance and PMI depend on your credit and lender. Run other scenarios on the full mortgage calculator, or ask us to connect you with lenders our clients actually close with.

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Listings courtesy of MRED as distributed by MLS GRID. MLS GRID

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