8649 W Foster Avenue Chicago, IL ^$ 1,375,000

8649 W Foster Avenue

^$ 1,375,000

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Recently Listed

8649 W Foster Avenue

Chicago, IL, 60656

^$ 1,375,000

Bedrooms12 Baths0.0 Sq 6,864

Monthly Estimate*

^$ 8,466

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Multi-Family Home for sale in Chicago, IL

for $1,375,000 with 12 bedrooms. This 6,864 square foot home was built in 1977 on a lot size of 0.052686.

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.

Multi-Family Active

Price

^$ 1,375,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 13,714

Style

Lot Size

0.052686

Year Built

1977

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12663094

Features

General

Cooling Wall Sleeve

Possession Closing

Zoning MULTI

Association Fee Includes Water Insurance Exterior Maintenance Lawn Care Scavenger Snow Removal

Construction Materials Brick

Year Built 1977

Tenant Pays Electricity

Stories Count 3

Township Jefferson

Tax Year 2023

Gross Income 10700

County Cook

Net Operating Income 88106

Operating Expense 42094

Insurance Expense 678

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 0

Status New

Directions Cumberland to Foster West to 8649

City Chicago

Number Of Units Total 6

MLS Area CHI - O'Hare

Lot Size Square Feet 2295

Tax Annual Amount 13714

Electric Expense 57

Fuel Expense 480

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Standard Status Active

Cap Rate 6.4

Interior

Basement Unfinished

Exterior

Building Area Total 6864

Lot Dimensions 52 X 44

* Excluded Features

List By

Enterprise Realty Brokers Inc

Broker

popovicrealty@gmail.com

Affordability Calculator

$9,609

Per Month

Monthly Principal & Interest: $8,466
Monthly Property Taxes: $1,143
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$615,995

Percent of Sale Price 55%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/31/2026	$1,375,000		Listed Price

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8649 W Foster Avenue, Chicago, IL, 60656 is a Multi-Family Home for sale at $1,375,000 with 6,864 sqft and a lot size of 0.052686. 8649 W Foster Avenue has 12 bedrooms, 0.0 baths, and was built in 1977. The property's zip code is 60656 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/3/2026.

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8649 W Foster Avenue

Multi-Family Home for sale in Chicago, IL

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