8649 W Foster Avenue, Chicago, IL 60656
Six 2-bedroom, 1.5-bath units in a well-maintained brick building, supported by shared laundry and storage space.
Property Features for 8649 W Foster Avenue
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Investment Insights
Based on property information with market context.
The property is located in Chicago, with noted proximity to a school, the Forest Preserve, the Blue Line, I-90, and O'Hare. The combination of nearby transit and major routes is positioned to support convenient resident access.
The full basement adds practical value for residents and operators, featuring a dedicated laundry room with two washers and two dryers, plus a storage cage for each unit. There is also a large basement room that can be used for additional storage for extra income. With its consistent unit mix, maintained exterior, and organized shared services, the building is well suited for an ownership group looking for a turnkey-friendly income property or a straightforward value-add approach through additional unit refreshes.
Key Highlights
- 1977‑built, well‑maintained brick building with 6 total units
- All 6 units are 2‑bedroom, 1.5‑bath apartments
- Full basement includes a laundry room with 2 washers and 2 dryers
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Trade Area within ½ mile
Demographics for 60656, IL
Market
Vacancy Rate% for Multifamily in Midwest region