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Listing provided courtesy of HomeSmart Connect LLCMREDas Distributed by MLSGrid- MLS# 12592954MLS Provider

1235 W Foster AvenueChicago, IL 60640

Commercial · 14 Beds
$2,250,000 Active

1235 W Foster Avenue Overview

Time on Site:
106 days
Visits:
0

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.

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1235 W Foster Avenue Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 5400
  • Gross Income: 113700
  • Gross Scheduled Income: 113700
  • Insurance Expense: 11000
  • Maintenance Expense: 0
  • Net Operating Income: 83226
  • Operating Expense: 22766
  • Trash Expense: 2100
  • Water Sewer Expense: 4266

Building Information

  • Year Built: 1911

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Uptown

Rent/Lease Information

  • Tenant Pays: Electricity

Tax Information

  • Tax Annual Amount: $7,708.00
  • Tax Year: 2024

General Information

  • Parcel Number: 14083020280000
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

General Information

  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 6100
  • Lot Size Square Feet: 6100

General Information

  • Number Of Units Total: 6

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 1

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 1

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 1

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 1

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

1235 W Foster Avenue Neighborhood

Community

60640 (CHICAGO) Demographics

37
Median Age
26,211
Population Density (per sq. mile)
64%
College Educated
$59,516
Estimated Median Income
11,366
Estimated Total Home Owners
24,645
Estimated Total Renters
32% / 68%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1235 W Foster Avenue Monthly Cost

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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1235 W Foster Avenue Market Data

Based on the last 30 days in this zip code

$470,748
Average List Price
$453
Average Price per Square Foot
71
Properties Sold
42
Average Days on Market
136
Properties for Sale
Calculations provided by Reliance Network

1235 W Foster Avenue History

Date Event Value Agent
3/20/2026Source: MRED Status Change
Active
3/15/2026Source: MRED Added to Database
March 15, 2026