Well-Maintained Chicago Multifamily
For Sale
Under Contract
$1,375,000
8649 W Foster Avenue, Chicago, IL 60656
MULTI_FAMILY - Chicago, IL
Lot Size0.05 Acres
Days on Market65
Property Features for 8649 W Foster Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
12
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 7, Bedroom 2, Bedroom 10, Bedroom 5, Bedroom 6, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 4, Bathroom 1, Bedroom 9, Bathroom 2, Bathroom 6, Bedroom 8, Basement, Bathroom 3, Bedroom 11, Bathroom 5, Bedroom 12
Basement
Unfinished
Directions
Cumberland to Foster West to 8649
Subdivision
CHI - O'Hare
Standard status
Active Under Contract
APN
12113100550000
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
13714
Building Details
Year built
1977
Floors in Building
3
Number of units
6
Building materials
Brick
Listing Agency:
Enterprise Realty Brokers Inc
(773) 999-9679
Listed By:
Velibor Popovic · License #475163375
(773) 999-7967
Added: May 30
Changed: Jul 30
Last Checked: Aug 2 at 8:06AM
MLS# 12663094
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 is a well-maintained brick building featuring six units, each with two bedrooms and 1.5 bathrooms. The association handles landscaping, parking, snow removal, and water services. Most of the apartments have been updated and are in good condition. The full basement includes a laundry room equipped with two washers and two dryers, individual storage cages for each unit, and a large room suitable for additional storage income. The property is situated in an accessible location, close to a school, the Forest Preserve, the Blue Line, I-90, and O'Hare International Airport. The zoning is MULTI. The lot size is 0.0527 acres. This property offers both current income and future growth potential.
Key Highlights
- Brick apartment building built in 1977
- All 6 units are 2‑bedroom, 1.5‑bath
- Full basement includes a laundry room with 2 washers and 2 dryers
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
976
Businesses Nearby
Explore this area
Business Placement
Demographics for 60656, IL
28,474
Population
12,840
Households
2.2
Avg Household Size
40
Median Age
42%
College-Educated
92%
High-School Grad
3.2 sq mi
ZIP Area
8,898
Density / Sq Mi
$88,000
Median Household Income
$54,639
Median Earnings
$1,388
Median Rent
$344,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Turnkey multifamily investment property in a prime Chicago location.
Where is this apartment building located?
The property is located at 8649 W Foster Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Brick apartment building built in 1977; All 6 units are 2‑bedroom, 1.5‑bath; Full basement includes a laundry room with 2 washers and 2 dryers
