$1,650,000
8631 1/2 W Foster Avenue
Chicago, IL, 60656
Armchair investment. The association is responsible for landscaping, parking, snow removal, and water. Well-maintained brick building in great condition offers 9 easy-to-rent units. Most units are month-to-month with possibilities to significantly increase cash flow. Additional income from the owned laundry on site. Amazing location steps from school, close to Forest Preserve, Blue Line, I-90, O’Hare! Whether you’re seeking a turnkey investment or a value-add opportunity, this well-located asset offers both solid current income and future growth potential.
Property Details
Price:
$1,650,000
MLS #:
MRD12488646
Status:
Pending
Beds:
8
Baths:
7
Type:
Commercial
Neighborhood:
chiohare
Listed Date:
Oct 5, 2025
Total Sq Ft:
9,768
Year Built:
1979
Schools
Interior
Cooling
Wall Sleeve
Exterior
Construction Materials
Brick
Financial
HOA Includes
Water, Parking, Insurance, Lawn Care, Scavenger, Snow Removal
Tax Year
2023
Taxes
$15,616
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Commercial in Chicago as of Feb 05, 2026
956
Commercial Listed
198
Avg DOM
170
Avg $ / SqFt
$988,125
Avg List Price
Community
- Address8631 1/2 W Foster Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60656
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Property Summary
- 8631 1/2 W Foster Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60656. It is listed for $1,650,000 To schedule a showing of MLS#mrd12488646 at 8631 1/2 W Foster Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
8631 1/2 W Foster Avenue
Chicago, IL
