1742 W Foster Avenue, Chicago, IL 60640

  • $1,299,000
  • $1,299,000
1742 W Foster Avenue, Chicago, IL 60640
  • Residential Income
  • Property Type
  • 11
  • Bedrooms
  • 3
  • Garages
  • 1997
  • Year Built
For Sale
1742 W Foster Avenue, Chicago, IL 60640
  • $1,299,000
  • $1,299,000

Overview

Property ID: 25545302
  • Residential Income
  • Property Type
  • 11
  • Bedrooms
  • 3
  • Garages
  • 1997
  • Year Built

Description

This property has two solid strategies. First, you can live in one unit and rent out the other three units. Why buy a $400,000 condominium when you can buy this 4-unit building and live for practically free? Second, you can just keep the entire building as an investment property! May I add: this building is immaculately maintained, and it makes money! This is a legal, 4-unit building and each unit has a rare bedroom and bathroom count. There are three above-grade units, and there is a garden unit. The three above-grade units consist of three bedrooms and two full bathroom units. These three above-grade units are also spacious, well-lit and impressive! All three above-grade units feature hardwood floors, tall ceilings, an open concept floor plan accentuated by a beautiful kitchen, recessed lighting and many windows for that natural, crisp sunlight followed by three spacious bedrooms with a lot of closet space and two full bathrooms; there is one full, common bathroom and the primary bedroom features a primary bathroom for that extra sense of convenience and privacy. You will love each unit! You will also love the garden unit; it features two bedrooms, and a full bathroom; it is spacious and functional and just right. And, it is equally impressive! There is a common, coin-operated laundry facility in the rear, lower level and there is a rear, 3-car detached garage that can easily accommodate additional cars if the garage door remains open on both sides. This beautiful building is close to it all: shopping, schools, transportation, notable Side Practice Coffee and minutes away from Andersonville! It is a must see. It is a true armchair investment. A 10!

  • Address 1742 W Foster Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60640
  • Area Andersonville
  • Country United States

Details

Updated on August 30, 2024 at 3:45 am
  • Property ID: 25545302
  • Price: $1,299,000
  • Land Area: 0.08 Acres
  • Bedrooms: 11
  • Garages: 3
  • Year Built: 1997
  • Property Type: Residential Income
  • Property Status: For Sale
  • MLS#: MRD12086947
  • Office Name: PETER DROSSOS REAL ESTATE
  • Agent Name: Peter Drossos
  • MLS Status: Active

Additional details

  • List Office MLSID: MRD28406
  • List Agent MLSID: MRD29594
  • List Date: 2024-08-13T21:02:03.000Z
  • Roof: Flat
  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Tax Annual: 15398.72
  • Tax Year: 2023
  • County: Cook
  • Parking: Unassigned
  • Community Features: Park,Curbs,Sidewalks,Street Lights,Street Paved
  • Water Source: Lake Michigan
  • Community Features: Park,Curbs,Sidewalks,Street Lights,Street Paved

Features

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