Chicago, IL 60656 8649 W Foster Avenue
$1,375,000
12 more
Presented By: Enterprise Realty Brokers Inc
Beds • 12
SQFT • 6,864
Home Details
Armchair investment. Extra clean & well-maintained brick building. All 6 units are 2-bedroom, 1.5-bath. The association is responsible for landscaping, parking, snow removal, and water. Most apartments are nicely updated and in great condition. Full basement has a laundry room with 2 washers & 2 dryers, a storage cage for each unit, and a large room that can be used for storage for extra income. Amazing location-easy to rent. Steps from school, close to Forest Preserve, Blue Line, I-90, O'Hare! Whether you're seeking a turnkey investment or a value-add opportunity, this well-located asset offers both solid current income and future growth potential.
Presented By: Enterprise Realty Brokers Inc
Interior Features for 8649 W Foster Avenue
Other Interior Features
BasementUnfinished
General for 8649 W Foster Avenue
Additional Parcels Y/NNo
Association Fee IncludesWater, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Cap Rate6.4
CityChicago
Construction MaterialsBrick
CoolingWall Sleeve
CountyCook
DirectionsCumberland to Foster West to 8649
Electric Expense57
Fuel Expense480
Gross Income10700
Insurance Expense678
Lot Size Square Feet2295
MLS AreaCHI - O'Hare
MaintenanceExpense
Net Operating Income88106
Number Of Units Total6
Operating Expense42094
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount13714
Tax Year2023
Tenant PaysElectricity
TownshipJefferson
Trash Expense0
Water Sewer Expense0
Year Built1977
ZoningMULTI
Exterior for 8649 W Foster Avenue
Building Area Total6864
Lot Dimensions52 X 44
Additional Details
Price History
