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Detached Single · Des Plaines, IL
$375,000
5 beds · 2 baths · 2,157 sqft
1692 Farwell Avenue, Des Plaines, IL, 60018
A brick-and-mortar place to make your own — room to make it home.
Under Contract

What’s special

Central air2-car garage0.41-acre lotIn-unit laundry
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.
— the listing agent’s description

The home

5 beds
2 baths
2,157 sqft
Built in 1944
0.41-acre lot
2-car garage
Detached Single

What it’ll cost

$174 / sqft
$8,358 taxes / yr
No HOA
7 days on dwello

Estimated monthly payment

$2,799/mo
Principal & interest$1,994
Property taxes$696
Homeowners insurance$109
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Jun 3
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7 days on dwello
Price history
Listed for sale
Aug 10, 2026
$375,000
Property taxes
2025
Annual tax bill (MLS)
$8,358/yr
Assessed value
2026
County assessor
$44,000~$440,000 mkt
2025
$44,000~$440,000 mkt
2024
$31,000~$310,000 mkt
2023
$31,000~$310,000 mkt
2022
$31,000~$310,000 mkt
2021
$31,139~$311,390 mkt
2020
$31,139~$311,390 mkt
2019
$39,685~$396,850 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Central AirNatural GasForced AirAluminum SidingFramePublic SewerConcreteYes
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Ubaldo Diaz · Real Broker, LLC
Listing last updated Aug 16, 2026 · data refreshed from the MLS Aug 16, 2026, 6:44 PM CT
Based on information submitted to the MLS GRID as of Aug 16, 2026, 6:44 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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