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1607-1609 W Foster Ave
Chicago, IL 60640
Multifamily Property For Sale
·
6 Units
Executive Summary
1607–1609 W Foster Ave presents a rare opportunity to acquire a turnkey, fully renovated six-unit brick apartment building in the heart of Andersonville—one of Chicago’s most desirable and supply-constrained North Side neighborhoods. The property underwent a comprehensive renovation in 2018, delivering modern unit interiors, updated building systems, that position the asset for continued rent growth and stable long-term performance.
The building features an exceptional unit mix consisting of four 2-bedroom / 2-bathroom apartments and two 3-bedroom / 2.5-bathroom apartments, catering to today’s renter demand for functional layouts and larger living spaces. All units include copper plumbing, individual HVAC systems and hot water tanks. The units all have in-unit laundry, updated kitchens and baths, and contemporary finishes—providing condominium-quality living within a stabilized multifamily investment.
The building features an exceptional unit mix consisting of four 2-bedroom / 2-bathroom apartments and two 3-bedroom / 2.5-bathroom apartments, catering to today’s renter demand for functional layouts and larger living spaces. All units include copper plumbing, individual HVAC systems and hot water tanks. The units all have in-unit laundry, updated kitchens and baths, and contemporary finishes—providing condominium-quality living within a stabilized multifamily investment.
Property Facts
| Price Per Unit | $333,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.05 AC |
| No. Units | 6 | Building Size | 5,919 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1934 |
| Apartment Style | Low-Rise | ||
| Zoning | R3 | ||
| Price Per Unit | $333,333 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 5,919 SF |
| No. Stories | 2 |
| Year Built | 1934 |
| Zoning | R3 |
Property Taxes
| Parcel Number | 14-07-404-041-0000 | Improvements Assessment | $74,699 |
| Land Assessment | $22,915 | Total Assessment | $97,614 |
Property Taxes
Parcel Number
14-07-404-041-0000
Land Assessment
$22,915
Improvements Assessment
$74,699
Total Assessment
$97,614
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