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Six-Unit Brick Apartment Building

1235 W Foster Avenue, Chicago, IL 60640

For Sale
$1,990,000

The property occupies a double lot and is offered in its current condition for renovation.

Property SizeContact for details
Days on Market240

Property Features for 1235 W Foster Avenue

General Information

Standard status Active
Property subtype Commercial
Zoning MULTI

Property Condition

Severity Repairs Needed
Evidence needs a lot of work

Site & Location

Neighborhood Uptown

Additional Details

Multifamily Units 6

Taxes and HOA fees

Annual Taxes $7,708

Building Details

Year Built 1911
Stories 3
Units 6
Construction brick
Listing Agency: HomeSmart Connect LLC
Listed By: Vince Dinh · License #360552853
Source: Fishmangroup
Added: Mar 13 Changed: Oct 27 Last Checked: Nov 7 at 3:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeSmart Connect LLC

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Investment Insights

Based on property information with market context.

This 1911 brick apartment building contains six units and sits on a double lot. The property requires substantial work and is being sold in its current condition, providing a clear picture of its existing renovation needs.

Located at 1235 W Foster Avenue in Chicago, the building is within walking distance of Lake Michigan, beaches, and parks. Zoning is MULTI.

Key Highlights

  • Six‑unit brick apartment building
  • Situated on a double lot
  • Built in 1911

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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
View Realmo Analytics

Market

Properties on Market for Apartment buildings in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The property occupies a double lot and is offered in its current condition for renovation.
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 brick apartment building; Situated on a double lot; Built in 1911
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