For Residential Income For Sale

1742 Foster Avenue, Chicago, Illinois 60640

Price: $1225000

Property Description


PLEASE NOTE THAT WE ARE IN A MULTIPLE-OFFER SITUATION. ALL OFFERS ARE DUE BY 7 PM ON MONDAY, SEPTEMBER 23, 2024. 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!

  • Property Type House
  • Property ID #12166104
  • Price $1225000
  • Year Built 1997
  • Contract type Residential Income For Sale
  • Agent Peter Drossos
  • Home Area 0.08 sqft
  • Rooms 11
  • Bedrooms 11
  • Bathrooms 7
  • Sewer
  • RoomType
  • Price $ 289.0/mounth
  • Year Built 2019
  • Contract type Rent
  • Agent Ashton Kutcher
  • Home Area 1200 sqft
  • Rooms 9
  • Bedrooms 4
  • Bathrooms 3
  • Garages 2
  • Parking lots 2

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