Chicago, IL 60656,7101-05 W Foster PL
Chicago, IL 60656,7101-05 W Foster PL
Chicago, IL 60656,7101-05 W Foster PL
Chicago, IL 60656,7101-05 W Foster PL
Chicago, IL 60656,7101-05 W Foster PL
Chicago, IL 60656,7101-05 W Foster PL
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$1,150,000

$950,000

21.1%
Est.Price: ?

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Est. payment /mo

6,534 Sqft Lot


SOLD DATE : 05/09/2024

Key Details

Sold Price $1,150,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12014895

Sold Date 05/09/24

Year Built 1965

Tax Year 2022

Lot Size 6,534 Sqft

Lot Dimensions 100X84.1X13.9X100.3X5.8X24.9

Property Sub-Type Multi Family 5+

Property Description

MULTIPLE OFFERS RECEIVED - FINAL AND BEST DUE 5 PM MONDAY. the opportunity to own an asset of this caliber rarely presents itself; come strong. In 20 years you'll tell the story and how much you "overpaid" for the estate and the room will erupt in laughter. Win this.... Watch the video for a curated walkthrough and view the 3d tour to see the building before stepping inside. This 6-car brick and stone garage, vacant 6-unit full masonry, corner building with a true backyard is for sale for the first time since being built. If the 6-car garage wasn't a first for you, imagine owning a property lived in and cared for by nuns, fully equipped with architectural stained glass. You've never seen a property in better shape. Radiant heated floors throughout are powered by a boiler replaced in 2023. Central AC in each unit with varying condenser ages. Roof gutters were replaced in 2020. The roof was replaced in 2013. Windows were replaced in 2016 and 2018. This crown jewel, armchair investment sits in Big Oaks in Norwood Park with easy access to Downtown and the suburbs. The median rent for 2-bed, 1-bath units in the neighborhood is $1,825. The median rent for 1 bed, 1 bath units in the neighborhood is $1,375. 6 parking spaces equals $600 monthly. That puts monthly income at $11,100. That's an 11.65% CAP rate and a GRM of 7.1. Don't miss out on this truly once-in-a-lifetime property. Water/Sewer/Garbage $700.00 | Electric: $1,060.00 | Gas: $3,000.00 | Maintenance: $5,500.00 | Insurance: $15,000.00 | 3-year average: $25,260.00 - WalkScore 82 | TransitScore 53 | BikeScore 61 | 2-minute Lyft, 7-minute L ride, or a 3-minute cycle to Downtown Harwood Heights | 1 Divvy station 300 ft away | 0.6 mi to the Blue Line CTA Harlem Stop | The 90 bus lines are within 0.1 mi or closer.

Location

State IL

County Cook

Area Chi - Norwood Park

Interior

Cooling Central Air

Fireplace N

Exterior

Roof Type Composition

Building

Level or Stories 3

Structure Type Brick,Concrete,Stone

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Midwest Real Estate Data (MRED) IDX
Listed by John Grafft • Compass
Bought with Julia Alexander • Keller Williams North Shore West
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 772-2820

gsaju@chicagorea.com

1941 N Elston Ave, Chicago, IL, 60642, USA

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