$125,000
SOLD JUN 13, 2025

1127 W Farwell Ave Unit 305 Chicago, IL 60626

Rogers Park Neighborhood
1 Bed
1 Bath
500 Sq Ft
$197/ mo HOA Fee

Recently Sold

$250 Per Sq Ft

14% Below List Price

16 Days on Market

Highlights

  • Wood Flooring
  • Living Room
  • Storage Room
  • Stainless Steel Appliances
  • Laundry Room
  • 4-minute walk to Tobey Prinz Beach Park

About This Home

As of June 2025

Looking for a charming junior one-bedroom condo that just steps from Lake Michigan? Then you just found it! This abode is ideally located just steps from Lake Michigan and blocks from both Loyola and Northwestern Universities, this quaint junior one-bedroom condo offers timeless vintage appeal and unbeatable convenience. The unit features beautiful hardwood floors throughout and a spacious kitchen, perfect for comfortable everyday living.Whether you're a student seeking a serene, walkable neighborhood or an investor looking for a strong rental opportunity-this property delivers. Rentals are allowed, making it a smart choice for passive income. Enjoy direct access to the lakefront, nearby tennis courts, and lush park spaces. With its character, charm, and prime location, this condo is a hidden gem you won't want to miss!

Last Agent to Sell the Property

Monina Canete

Guidance Realty License #471013679 Listed on: 05/09/2025

Last Buyer's Agent

Mary Haight Himes

Compass License #475124514

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,046

Year Built

  • Built in 1930

HOA Fees

  • $197 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 500 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room
  • Laundry Room
  • Wood Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Radiant Heating System

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 39 Units
  • Richard Association, Phone Number (773) 868-3300
  • Low-Rise Condominium
  • Property managed by Prairie Shores Management

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,046

Year Built

Built in 1930

Lot Details

0 Sq Ft Lot

HOA Fees

$197 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Low Rise (1-3 Stories),Vintage
  • Ownership: Condo
  • EntryLevel: 3
  • New Construction: No
  • Property Sub-Type: Condo,Low Rise (1-3 Stories),Vintage
  • Year Built: 1930
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 500
  • Room Type: Storage
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Combination
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Radiant
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Size Limit
  • Association Fee: 197
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Prairie Shores Management
  • Management Contact Name: Richard
  • Management Phone: 773-868-3300

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 00

Tax Info

  • Tax Annual Amount: 2046
  • Tax Year: 2023

Multi Family

  • Units in Building: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2025
Closed on
Jun 4, 2025
Sold by
Caescu Dan
Bought by
Pena Ricardo E
Seller's Agent
Monina Canete
Guidance Realty
Buyer's Agent
Mary Haight Himes
Compass
List Price
$145,000
Sold Price
$125,000
Premium/Discount to List
-$20,000
-13.79%
Views
100
Current Estimated Value
$133,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,379
Avg. Annual Appreciation
8.67%
Original Mortgage
$128,250
Outstanding Balance
$127,917
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$5,462

Purchase Details

Listed on
Jan 3, 2023
Closed on
May 3, 2023
Sold by
Alavi Nadeem Z
Bought by
Caescu Dan
Seller's Agent
Brian Somera
Coldwell Banker Realty
Buyer's Agent
Monina Canete
Guidance Realty
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%
Views
116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.26%
Original Mortgage
$95,000
Interest Rate
6.57%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jan 3, 2023
Closed on
Apr 28, 2023
Sold by
Zoeb I Alavi Revocable Trust and Zainab Z Alavi Revocable Trust
Bought by
Alavi Nadeem Z
Seller's Agent
Brian Somera
Coldwell Banker Realty
Buyer's Agent
Monina Canete
Guidance Realty
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%
Views
116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.57%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 13, 1995
Sold by
Alavi Zoeb I and Alavi Zainab Z
Bought by
Alavi Zoeb I and Alavi Zainab Z
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $135,000 Saturn Title
Warranty Deed $115,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $128,250 New Conventional
Previous Owner $95,000 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2025 06/13/25 Sold $125,000 -13.8% $250 / Sq Ft
05/25/2025 05/25/25 Pending -- -- --
05/09/2025 05/09/25 For Sale $145,000 0.0% $290 / Sq Ft
08/29/2023 08/29/23 Rented $1,200 0.0% --
08/01/2023 08/01/23 For Rent $1,200 0.0% --
06/15/2023 06/15/23 Sold $115,000 -6.1% $230 / Sq Ft View Prior Sale
04/03/2023 04/03/23 Pending -- -- --
02/14/2023 02/14/23 Price Changed $122,500 -2.0% $245 / Sq Ft
01/03/2023 01/03/23 For Sale $125,000 0.0% $250 / Sq Ft
07/21/2016 07/21/16 Rented $900 0.0% --
07/20/2016 07/20/16 Under Contract -- -- --
07/18/2016 07/18/16 For Rent $900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,086 $11,216 $700 $10,516
2024 $2,086 $11,216 $700 $10,516
2023 $2,034 $9,889 $560 $9,329
2022 $2,034 $9,889 $560 $9,329
2021 $1,989 $9,889 $560 $9,329
2020 $1,267 $5,689 $560 $5,129
2019 $1,271 $6,326 $560 $5,766
2018 $1,250 $6,326 $560 $5,766
2017 $889 $4,129 $483 $3,646
2016 $827 $4,129 $483 $3,646
2015 $757 $4,129 $483 $3,646
2014 $823 $4,434 $477 $3,957
2013 $995 $5,473 $477 $4,996
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12361795

Midwest Real Estate Data (MRED)

APN: 11-32-202-020-1025

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