7635 W Foster Avenue
Chicago, IL, 60656 $ 515,000
Bedrooms4 Baths2.0 Monthly Estimate*
$ 3,213
for $515,000 with 4 bedrooms and 2 full baths. This home was built in 1908.
Rare opportunity to acquire a fully renovated, turnkey, two-unit income-producing property in a highly desirable, commuter-friendly Chicago neighborhood. This fully renovated building offers strong rental potential, modern updates, and minimal deferred maintenance, ideal for both seasoned investors and first-time multifamily buyers. The property has undergone extensive renovations, including exterior improvements, enhancing both its aesthetic appeal and long-term value. Each unit features 2 bedrooms and 1 bathroom with spacious, thoughtfully designed layouts and bright living areas. Unit 1 offers a brand-new eat-in kitchen with new cabinets, countertops, and stainless-steel appliances, a large living and dining area accented by custom crown molding, and generous bedroom sizes for comfortable living. Unit 2 also features a brand-new kitchen with new cabinets, countertops, and stainless-steel appliances, an open floor plan filled with natural light, and a cozy family room combo perfect for modern living. Nestled on a beautiful tree-lined street, this property combines the charm of neighborhood living with city convenience. Residents enjoy proximity to top-rated schools, beautiful parks, the Forest Preserve trail system, and a variety of shopping and dining options. Convenient access to I-90/I-294, O'Hare International Airport, the CTA Blue Line, and Metra make this an unbeatable location for commuters. Offering immediate rental income, long-term appreciation potential, and low-maintenance ownership, this is an exceptional investment opportunity. Schedule your private showing today!
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FeaturesGeneralSewer Public Sewer
Heating Other
Possession Closing
Construction Materials Frame
Year Built 1908
Township Jefferson
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 10
Status Price Change
Directions Harlem Ave. to Foster Ave - 7635 W. Foster Ave.
City Chicago
High School District 299
MLS Area CHI - Norwood Park
Tax Annual Amount 6962.68
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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InteriorBasement Unfinished Full
Total Bedrooms 4
Total Baths 2
Bedrooms Possible 4
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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ExteriorParking Features Yes
Water Source Lake Michigan
Total Parking 4
Lot Dimensions 57X100
Waterfront Y/N N
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* Excluded FeaturesList ByCharles Rutenberg Realty Of IlBroker
carmi23@hotmail.com; carmelinahudson.homes@outlook.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,213
- Monthly Property Taxes
- $580
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Chicago, IL
Average List Price $615,846
Percent of Sale Price 20%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/3/2025 | $515,000 | -2.65% | Price Down |
| 10/31/2025 | $529,000 | | Listed Price |