699 E Fort St, Farmington, IL, 61531
About This Home
Attention investors and renovators! This multi-family property offers a great value-add opportunity with four units per building. 3 separate buildings situated on spacious lots with a large parking area. The unit mix includes two 2-bedroom units and two 1-bedroom units, providing solid rental potential once improvements are completed. The buildings do require repairs and updates, making this an ideal project for an investor looking to renovate and increase rental income. The generous lot sizes and ample parking add convenience and flexibility for tenants and future improvements. With the right vision and updates, this property has strong potential to become a solid long-term income-producing investment.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Materials
- Roof: Rubber
- Construction materials: Vinyl Siding,Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Electric Water Heater,Water Heater
- Laundry features: None
Basement
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Heating features: Electric
Interior Area
- Total structure area: 8,000
- Total interior livable area: 8,000 sqft
Property
Details
- Parcel number: 050401405016
Lot
- Features: Level
- Lot size dimensions: 75 x 332 x 147 x 196 x 71 x 131
Parking
- Total spaces: 15
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Strong Wind
- Hail
- Heat Wave
- Ice Storm
- Lightning
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,017 | $24,204 |
| Home Insurance * | $800 | $9,600 |
| Property Taxes | $568 | $6,816 |
| Electricity | $615 | $7,383 |
| Total | $4,000 | $48,000 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-16 | Listed for sale | $399,000 |
| 2025-03-01 | Listing removed | $625,000 |
| 2024-10-25 | Listed for sale | $625,000 |
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