8647 1/2 W Foster Avenue, Chicago, IL 60656

Building Details

Year Built

1978

Listing agent JAMES POGORELEC

Listing office RPM DUPAGE PREFERRED J**@rpmdupage.com Show Phone

Listing date Jun 11, 2026

Source Corcoran

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 RPM DUPAGE PREFERRED

Report an issue

---

Overview

This is a well-maintained nine-unit apartment building offered for sale. The property is positioned as a residential income asset, with the HOA handling several key exterior and utility services including parking lot care, landscape maintenance, snow removal, water, trash, and insurance.

The building is located in Chicago near O’Hare Airport, with access to transportation and the forest preserve. That surrounding context supports convenient day-to-day connectivity for residents who value proximity to major routes and nearby outdoor space.

For buyers seeking a multifamily investment, the existing nine-unit structure provides immediate operational scale within a manageable building footprint. With the HOA covering a defined set of ongoing building-related expenses, ownership may be easier to budget and administer. The listing also notes a potential to pursue higher rent rates, making it a fit for investors interested in making measured improvements while retaining a well-kept, income-producing foundation.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

Chicago

County

Cook

State

Illinois

Longitude

-87.8429289

Latitude

41.9724067

Nearby Similar for Sale

• 

  $1,300,000

  6,400 SF

  Renovated Chicago Industrial Flex Warehouse

  6,400 SF renovated industrial flex warehouse in Chicago for sale.

  3146 W Chicago Avenue, Chicago, IL 60622

  View Details
• 

  $749,000

  3,700 SF

  West Town Corner Retail Space

  New construction retail space in booming West Town neighborhood.

  1445 W Chicago Avenue, Chicago, IL 60642

  View Details
• 

  $949,000

  4,055 SF

  Turnkey Restaurant Venue with PPA License

  Fully renovated restaurant with licenses and uncommitted VGT potential.

  7455 W Irving Park Road, Chicago, IL 60634

  View Details
• 

  $949,000

  4,055 SF

  Turnkey Restaurant Venue with PPA License

  Fully renovated restaurant with licenses and VGT potential in Chicago.

  7455 W Irving Park Road, Chicago, IL 60634

  View Details
• 

  $949,000

  4,055 SF

  Turnkey Restaurant Venue with Licenses

  Fully renovated restaurant with licenses and residential unit for sale.

  7455 W Irving Park Road, Chicago, IL 60634

  View Details
• 

  $649,000

  2,176 SF

  Turnkey Restaurant Opportunity in Chicago

  Below-market lease in East Lakeview, fully equipped restaurant with assets.

  420 W Belmont Avenue, Chicago, IL 60657

  View Details
• 

  $759,000

  5,000 SF

  Prime Retail Space in Chicago

  Commercial property in a high-traffic retail district.

  4411 N Kedzie Avenue, Chicago, IL 60625

  View Details
• 

  $1,295,000

  9,744 SF

  Chicago Office Building with Parking

  Two-story office building in Chicago's Clearing neighborhood.

  6350 W 63rd Street, Chicago, IL 60638

  View Details
• 

  $459,000

  3,000 SF

  Chicago Commercial Buildings For Sale

  Three commercial buildings in a busy Chicago neighborhood retail location.

  1753-1759 W 79th Street, Chicago, IL 60620

  View Details
• 

  $2,379,100

  10,000 SF

  Chicago Commercial Space for Sale

  Versatile commercial property in a prime Chicago location.

  1612-16 N Throop Street, Chicago, IL 60642

  View Details
• 

  $625,000

  4,593 SF

  Fulton River District Commercial Loft

  Classic timber loft in Fulton River District, Chicago.

  566 W Lake Street, Chicago, IL 60661

  View Details
• 

  $549,900

  2,806 SF

  Wicker Park Corner Retail Building

  2,806 SF retail building in prime Wicker Park location.

  2357 W North Avenue, Chicago, IL 60647

  View Details

FAQs

What type of property is this?

Apartment building - Well-maintained nine-unit building with HOA-managed common area services and practical value-add rent upside.

Where is this apartment building located?

The property is located at 8647 1/2 W Foster Avenue Chicago, IL.

What is the asking price?

The asking price for this property is $1,250,000.

What are key features of this property?

This property features: Well‑maintained 9‑unit building built in 1978; HOA covers parking lot maintenance, landscaping, snow removal, water, trash, and insurance; Property is located in Chicago near O'Hare airport, transportation, and the forest preserve