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$ 1,225,000

Est. payment -/mo

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1742 W Foster AVE Chicago, IL 60640

11 Beds

3,484 Sqft Lot

UPDATED:

10/13/2024 05:07 AM

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

Subdivision Andersonville

MLS Listing ID 12182138

Bedrooms 11

Year Built 1997

Annual Tax Amount $15,398

Tax Year 2023

Lot Size 3,484 Sqft

Lot Dimensions 30 X 125

Property 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!

Location

State IL

County Cook

Area Chi - Edgewater

Zoning MULTI

Rooms

Basement Full

Interior

Heating Natural Gas

Equipment CO Detectors

Fireplace N

Exterior

Exterior Feature Storms/Screens

Garage Detached

Garage Spaces 3.0

Community Features Park, Curbs, Sidewalks, Street Lights, Street Paved

Waterfront false

Roof Type Flat

Parking Type Unassigned

Building

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Peter Drossos • Peter Drossos Real Estate

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