1235 W Foster Avenue
Chicago, IL 60640

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Description

Attention Developers/Rehabbers!!! Double lot 6 units brick building has good bones but needs a lot of work. This is a rare opportunity to own this attractive building in Uptown walking distance to the Lake of Michigan and to the beaches and parks. This property is being sold AS-IS.

Features

• Property Type: Commercial
• Sub Type: Multi Family 5+
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60640
• Year Built: 1911
• Stories: 3
• Units: 6 units
• Zoning: MULTI
• Approximate Age: Older
• Built Before 1978 (Y/N): Yes
• Directions: North on Broadway then wes.t on Foster
• Electric Expense Source: Owner Projection
• Fuel Expense: 5400
• Fuel Expense Source: Owner Projection
• Gross Income: 113700
• Gross Rent Multiplier: 19.8
• Gross Scheduled Income: 113700
• Indoor Parking: 1-5 Spaces
• Information: 24-Hr Notice Required
• Insurance Expense: 11000
• Insurance Expense Source: Owner Projection
• Lot Size Square Feet: 6100
• Main Type: Commercial Sale
• Operating Expense: 22766
• Other Expense Source: Owner Projection
• Outdoor Parking: 1-5 Spaces
• Repairs-Decor Expense Source: Owner Projection
• Tax Annual Amount: 7708
• Tax Year: 2024
• Tenant Pays: Electricity
• Total Annual Expense Source: Owner Projection
• Total Monthly Income: 9475
• Trash Expense: 2100
• Trash Expense Source: Owner Projection
• Type Multi-Family: Flats
• Water Expense Source: Owner Projection
• Water Sewer Expense: 4266