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6-Unit Brick Apartment Building
For Sale
$2,250,000

1235 W Foster Avenue, Chicago, IL 60640

MULTI_FAMILY - Chicago, IL

Property SizeContact for details
Lot Size0.14 Acres
Days on Market151

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 Bathroom 4, Bedroom 1, Bedroom 10, Bedroom 2, Bedroom 4, Bedroom 3, Bedroom 5, Bedroom 8, Bathroom 6, Bedroom 14, Bedroom 7, Bedroom 11, Bedroom 6, Bedroom 9, Bedroom 12, Bedroom 13, Bathroom 5, Bathroom 1, Bathroom 3, Bathroom 2
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: Aug 2 Last Checked: Aug 10 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 6-unit brick apartment building sits on a double lot and is being sold as-is. The structure is described as having “good bones,” but it needs significant work, making it well-suited for developers and rehabbers looking for a renovation project.

The property is located at 1235 W Foster Avenue in Chicago, IL 60640. The remarks indicate the location is in Uptown and within walking distance to Lake Michigan, beaches, and parks.

Built in 1911, the building offers a residential income configuration intended for multifamily use under the MULTI zoning designation. Buyers should plan for a full rehabilitation scope based on the seller’s as-is condition disclosure.

Key Highlights

  • 6‑unit brick apartment building on a double lot sold as‑is
  • Needs a lot of work despite being described as having good bones
  • MULTI zoning

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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 - Zoned MULTI and built in 1911, this 6-unit brick apartment building is offered as-is for rehab.
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 $2,250,000.
What are key features of this property?
This property features: 6‑unit brick apartment building on a double lot sold as‑is; Needs a lot of work despite being described as having good bones; MULTI zoning
More about this property
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