$1,225,000
Active
9 Days Online
11 Beds0 Baths0 SQFT
Active

1742 W Foster Avenue Chicago, IL 60640

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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 TypeMulti-Family
  • NeighborhoodAndersonville
  • CountyCook
  • Taxes$15,398
  • HOA/Condo/Coop Fees$0
  • Days on Site9 Days
  • MLS StatusActive
  • MLS ID Number12166104
  • Home Size Source N/A
  • Year Built1997
  • Lot Size0.08 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Unassigned
  • Parking Spaces 6
  • Sewer Public Sewer
  • Basement Full
  • Acreage 0.08
  • Property Sub Type Multi Family
  • Garage Spaces 3
  • Foundation Concrete Perimeter
  • Zoning MULTI
  • General Information None
  • Garage Detached
  • Rooms Total 22
  • Lot Size Less Than .25 Acre
  • Water Lake Michigan
  • Parking Total 6

Interior Features

  • Heating Natural Gas
  • Room Types Enclosed Porch

Exterior Features

  • Roof Flat
  • Waterfront Property No
  • Exterior Storms/ ScreensStorms/Screens

Community Features

  • Township Lake View
  • Community Features ParkCurbsSidewalksStreet LightsStreet Paved
  • MLS Area CHI - Edgewater

Schools

School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$5,926
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