1239 W FOSTER Avenue
Chicago, IL 60640

Status: Active
Multi Family
11 beds
0 baths
0 sq.ft
Listing Price: $1,250,000
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About this home

ANDERSONVILLE BEAUTY** PRIME TURNKEY INVESTMENT** THIS SPECTACULAR, IMPECCABLY MAINTAINED ANDERSONVILLE GREYSTONE, BORDERING THE LOVELY LAKEWOOD BALMORAL HIST. DIST., IS A MUST SEE! JUST BLOCKS TO FOSTER BEACH, COFFEE SHOPS AND THE RED LINE. THE BUILDING WAS A GUT REHAB IN 2006 AND THE UPGRADES HAVE CONTINUED. LOVELY BRIGHT AND SPACIOUS UNITS. NEWER ENERGY EFF. WINDOWS, HARDWOOD FLOORING, FLAT RUBBER ROOF, HVAC IN GREAT WORKING ORDER AND REGULARLY MAINTAINED (METERED SEP.), GAS VENTLESS FIREPLACE IN GARDEN. IRON FENCING 6 YRS. TUCKPOINTED 2018. UNITS 1, 2 & 3 ENJOY NEWER 20'6" X 9'5" BALCONIES. COMMON STAIRWELL HAS NEWER DRYWALL, PAINT AND CARPET. BRAZILIAN PAVER WALKWAY IN REAR HAS RADIANT HEAT SNOW MELT TECHNOLOGY, BEAUTIFULLY LANDSCAPED, COMPLETE WITH PREM. COMM. GRADE AUTO IRRIGATION SYSTEM FOR ALL GARDEN AREAS INCL. PLANTERS. CLEAN, LOW MAINTENANCE PROPERTY IN BOOMING AREA. THIS ONE IS A DEFINITE WINNER! **PLEASE NOTE** LANDSCAPE URNS, IRON BENCH IN REAR AND STATUARY ARE NOT INCLUDED IN THE SALE. GARDEN UNIT IS 2 BED/1BATH WITH A MONTH TO MONTH TENANT.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1900
Parking Total 3
Exterior Building Type Stone
Parking Features Off Alley
Garage On-Site Yes
Parking Space/s
Rehab Year 2006
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Uptown
Corporate Limits Chicago
Directions EXIT LAKE SHORE DRIVE AT FOSTER, GO WEST TO PROPERTY.
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township Lake View
Interior Features
Basement Description Finished
Basement Walkout
Bedrooms Count 11
Bedrooms Possible 11
Baths Count 4
Full Baths in Building Count 4
Total Rooms 22
Units
unit 1
Beds Total 3
Baths Total 1
Actual Rent 2000
Appliances And Features Stove, Refrigerator, Dishwasher
Full Baths Total 1
Lease Expiration Date 5/25
Rooms Total 6
Security Deposit 1 MO
Tenant Pays Electric, Gas, Heat, Parking
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Actual Rent 2200
Appliances And Features Stove, Refrigerator, Dishwasher
Full Baths Total 1
Lease Expiration Date 5/25
Rooms Total 6
Security Deposit 1 MO
Tenant Pays Electric, Gas, Heat, Parking
Floor Number 2
unit 3
Beds Total 3
Baths Total 1
Actual Rent 2000
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date 5/25
Rooms Total 6
Security Deposit 1 MO
Tenant Pays Electric, Gas, Heat, Parking
Floor Number 3
Property / Lot Details
Lot Dimensions 3050
Lot Size Source County Records
Lot Size Less Than .25 Acre
Ownership Fee Simple
Style of House Greystone
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Gross Rental Income $103,900
Insurance Expense $4,500
Insurance Expense Source Owner Projection
Net Oper Income $86,731
Other Addl Income Coin Laundry, Parking Space/s
Rental Income 96000
Investment Profile Residential Income
Water Expense $1,200

Tax/Assessments/Liens

PIN 14083020260000
Special Assessments N
Taxes $12,669
Tax Exemptions None
Tax Year 2021
$1,250,000 Listing Price:
MLS # 11987040
Investment Profile Residential Income
Listing Market Time 74 days
Basement Walkout
Type Unit 3 Flat
Number of Units in Building 3
Parking Space/s
List Date 02/22/2024
Year Built 1900
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