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8631 W Foster Ave Chicago, IL 60656

Under Contract
For Sale
$1,650,000

Commercial Sale - Chicago, IL

Property size:
9,768 SF
Days on Market:
51
Last Refresh:
Dec 12 at 1:06 am

Property Features for 8631 W Foster Ave

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active Under Contract
Zoning
MULTI
APN
12113100400000
Size
9,768 SF

Building Details

Year built
1979
Number of units
9
Architectural style
Other

Enterprise Realty Brokers (773) 999-7967 [email protected]

Listing agent Velibor Popovic (773) 999-9679 License #475163375

Listing date Oct 23, 2025

MLS# 12488646 Listing URL

Copyright © 2025 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.


Overview

Chicago Multifamily Investment Opportunity

This well-maintained brick building, totaling 9768 square feet, is located in Chicago, Illinois. It contains 9 units that are easy to rent. Most units are currently rented on a month-to-month basis, presenting opportunities to increase cash flow. The property also generates additional income from an on-site laundry facility. The association handles landscaping, parking, snow removal, and water services. The building is situated in a location that is near a school, the Forest Preserve, the Blue Line, I-90, and O'Hare International Airport. This asset offers both current income and future growth potential.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.8431492
Latitude
41.9735542

FAQs

What type of property is this?
Apartment building - Well-maintained 9-unit building near transportation and amenities.
Where is this apartment building located?
The property is located at 8631 W Foster Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: - Turnkey investment opportunity with 9 easy-to-rent units.; - Amazing location: steps from school and close to Forest Preserve, Blue Line, I-90, and O'Hare.; - Association handles landscaping, parking, snow removal, and water.
More about this property
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