Back to search
8631 1/2 W Foster Avenue Chicago, IL $ 1,650,000
Share Save
$ 1,650,000 Get more info
8631 1/2 W Foster Avenue
$ 1,650,000
Back to search
Share Save

8631 1/2 W Foster Avenue

Chicago, IL, 60656
$ 1,650,000
Bedrooms8 Baths0.0 Sq 9,768

Monthly Estimate*

$ 10,294

8631 1/2 W Foster Avenue, Chicago, IL 60656 - Image 1
8631 1/2 W Foster Avenue, Chicago, IL 60656 - Image 2

Multi-Family Home for sale in Chicago, IL

for $1,650,000 with 8 bedrooms. This 9,768 square foot home was built in 1979 on a lot size of 0.073049.

Armchair investment. The association is responsible for landscaping, parking, snow removal, and water. Well-maintained brick building in great condition offers 9 easy-to-rent units. Most units are month-to-month with possibilities to significantly increase cash flow. Additional income from the owned laundry on site. Amazing location 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.

See more
Multi-Family Contingent

Price

$ 1,650,000

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 15,615

Style

Multi-Family

Lot Size

0.073049

Year Built

1979

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12488646
Features
General
Cooling Wall Sleeve
Zoning MULTI
Association Fee Includes Water Parking Insurance Lawn Care Scavenger Snow Removal
Construction Materials Brick
Year Built 1979
Electric Circuit Breakers
Tenant Pays Electricity
Stories Count 3
Tax Year 2023
Current Use Multi-Family
Gross Income 14450
County Cook
Net Operating Income 130400
Operating Expense 48400
Insurance Expense 700
Property Type Commercial Sale Multi Family 5+
Contingency Attorney/Inspection
MaintenanceExpense 0
Possible Use Multi-Family
Status Contingent
Directions From Cumberland turn west to Foster. The building will be on the left.
City Chicago
Number Of Units Total 9
MLS Area CHI - O'Hare
Lot Size Square Feet 3182
Tax Annual Amount 15615.7
Electric Expense 62
Fuel Expense 570
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active Under Contract
Cap Rate 6
See more
Interior
Basement Partially Finished
See more
Exterior
Foundation Details Concrete Perimeter
Building Area Total 9768
Lot Dimensions 3182
See more
* Excluded Features
List By
Enterprise Realty Brokers Inc

Broker

popovicrealty@gmail.com

Email

Affordability Calculator

$11,595
Per Month
89%
11%
0%
Monthly Principal & Interest
$10,294
Monthly Property Taxes
$1,301
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

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/6/2025$1,650,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

8631 1/2 W Foster Avenue, Chicago, IL, 60656 is a Multi-Family Home for sale at $1,650,000 with 9,768 sqft and a lot size of 0.073049. 8631 1/2 W Foster Avenue has 8 bedrooms, 0.0 baths, and was built in 1979. The property's zip code is 60656 which is in Chicago, IL

Get more info