Closed

$1,225,000

1742 Foster Avenue, Chicago, IL 60640
11 Beds7 Baths16 days
1742 Foster Avenue·Chicago, IL 60640
11Bedrooms
7Bathrooms
1997Year Built
About This Home

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!

MLS# 12182138Listed October 7, 2024Residential IncomeSubdivision: Andersonville
Property Details

Beds & Baths

Total Bedrooms11
Total Bathrooms7
Total Rooms22

Size & Structure

Garage Spaces3
Year Built1997
Lot Size0.080 acres

Location

CountyCook
TownshipLake View
SubdivisionAndersonville
Zip Code60640

Financial

List Price$1,225,000
Annual Taxes (2023)$15,399
Monthly Tax Est.$1,283
Parcel #14072290200000
Interior Features

Heating

Natural Gas

Basement

FinishedFull
Exterior & Lot

Construction

Brick

Roof

Flat

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Garage Door OpenerOn SiteGarage OwnedDetachedUnassignedOwnedGarage
HOA & Community

Community Features

ParkCurbsSidewalksStreet LightsStreet Paved
Tax & Financial
Annual Taxes
$15,399
Tax Year 2023
Monthly Tax Est.
$1,283
per month
Property Location

1742 Foster Avenue, Chicago, IL 60640Cook County

$1,225,000
1742 Foster Avenue
11 bd7 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
16 days on market
3-car garage
0.080 acres
$15,399/yr taxes
$7,721
estimated monthly payment
Principal & Interest
$6,438/mo
Property Tax
$1,283/mo
$1,225,000
20% — $245,000
3%50%
6.875%
3%12%
Loan Amount
$980,000
Down Payment
$245,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Peter Drossos Real Estate
Agent: Peter Drossos
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