8613 W Foster Ave - Apartments FOR SALE


Chicago, IL 60656- O'Hare
$899,000 USD
312-286-2816
8613 W Foster Ave, Chicago, IL for Sale
$899,000 USD
Apartments - FOR SALE
1/13
null | 5.68% Cap Rate

8613 W Foster Ave
Chicago, IL 60656
O'Hare


HIGHLIGHTS

  • Highly sought after area by renters.
  • Well maintained building.
  • Spacious apartments with eat-in-kitchens opening to large living room.

OVERVIEW

Well maintained six-unit multifamily property in desirable O'Hare neighborhood. Highly sought after area by renters due to convenient location for public transportation, nearby expressways and tollways, and less then a block away from highly ranked public grammar school. Virtually no vacancy rate! The unit mix is comprised of six two-bedroom, one-and-a-half bath apartments measuring approximately 900 square feet, respectively. Each unit features an eat-in-kitchen that is open to large living room, assigned parking in private lot, visitor parking, and ample off-street parking. Recent upgrades include a new boiler, freshly painted front hallways with new flooring. Rents are lower than market due to long time tenants presenting an opportunity for higher income.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$92 USD /SF

# OF UNITS

6

PRICE/UNIT

$149,833

CAP RATE

5.68%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1976

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,291 SF

ZONING

MULTI

APN/PARCEL ID

12-11-310-029-0000

ASK ABOUT THIS PROPERTY

Vince DeCiccoVince DeCiccoMore Info
312-286-2816

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Vince DeCiccoVince DeCiccoMore Info
312-286-2816

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.