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Six-Unit Brick Apartment Building
For Sale
$1,990,000

1235 W Foster Avenue, Chicago, IL 60640

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.14 Acres
Days on Market198

Property Features for 1235 W Foster Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 14
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 7, Bedroom 4, Bedroom 6, Bedroom 14, Bedroom 1, Bedroom 5, Bedroom 2, Bathroom 4, Bathroom 5, Bathroom 1, Bedroom 10, Bedroom 8, Bedroom 11, Bathroom 6, Bedroom 9, Bedroom 13, Bathroom 3, Bathroom 2, Bedroom 3, Bedroom 12
Directions North on Broadway then wes.t on Foster
Subdivision CHI - Uptown
Standard status Active
APN 14083020280000
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 7708

Building Details

Year built 1911
Floors in Building 3
Number of units 6
Listing Agency: HomeSmart Connect LLC · HomeSmart International
Listed By: Vince Dinh · License #360552853
Added: Mar 13 Changed: Sep 13 Last Checked: Sep 26 at 5:06AM
MLS# 12592954

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1911 brick apartment building contains six units on a 0.14-acre double lot. The property is zoned MULTI and requires substantial rehabilitation, making its current condition an important consideration for redevelopment or renovation planning. The sale is offered on an as-is basis.

The property is located at 1235 W Foster Avenue in Chicago’s Uptown area, within walking distance of Lake Michigan, beaches, and parks. The building’s unit count, masonry construction, lot configuration, and existing multifamily zoning define the core asset and its physical context.

Key Highlights

  • Six‑unit apartment building on a 0.14‑acre double lot
  • Brick construction with a 1911 year built
  • Zoned MULTI for multifamily use

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Home Appliance Store Catering Service (Bike/Boat/Book/etc) Store Auto Parts Store Nursing Home Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

4,402
Businesses Nearby

Demographics for 60640, IL

65,941
Population
40,850
Households
1.6
Avg Household Size
38
Median Age
63%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
27,475
Density / Sq Mi
$71,030
Median Household Income
$59,264
Median Earnings
$1,374
Median Rent
$363,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property requiring extensive rehabilitation, offered in as-is condition.
Where is this apartment building located?
The property is located at 1235 W Foster Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: Six‑unit apartment building on a 0.14‑acre double lot; Brick construction with a 1911 year built; Zoned MULTI for multifamily use
More about this property
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