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  • $1,175,000

    1742 W Foster Ave, Chicago, IL 60640

    11beds
    --sqft
    Multi Family
    Built in 1997
    -- sqft lot
    $1,409,000 Zestimate®
    $--/sqft
    $3,101 Estimated rent

    Home value

    $1,409,000

    $1.27M - $1.58M

    $3,101/mo

    Zestimate® history
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    $8,405/mo

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    What's special

    This property has two solid strategies. First, you can live in one unit and rent out the other three units. Why buy a $400,000 condominium when you can buy this 4-unit building and live for practically free? Second, you can just keep the entire building as an investment property! May I add: this building is immaculately maintained, and it makes money! This is a legal, 4-unit building and each unit has a rare bedroom and bathroom count. There are three above-grade units, and there is a garden unit. The three above-grade units consist of three bedrooms and two full bathroom units. These three above-grade units are also spacious, well-lit and impressive! All three above-grade units feature hardwood floors, tall ceilings, an open concept floor plan accentuated by a beautiful kitchen, recessed lighting and many windows for that natural, crisp sunlight followed by three spacious bedrooms with a lot of closet space and two full bathrooms; there is one full, common bathroom and the primary bedroom features a primary bathroom for that extra sense of convenience and privacy. You will love each unit! You will also love the garden unit; it features two bedrooms, and a full bathroom; it is spacious and functional and just right. And, it is equally impressive! There is a common, coin-operated laundry facility in the rear, lower level and there is a rear, 3-car detached garage that can easily accommodate additional cars if the garage door remains open on both sides. This beautiful building is close to it all: shopping, schools, transportation, notable Side Practice Coffee and minutes away from Andersonville! It is a must see. It is a true armchair investment. A 10!

    Zillow last checked:

    Listing updated:

    Listed by:

    Peter Drossos 773-593-5626,

    Peter Drossos Real Estate

    Bought with:

    Luminita Ispas

    Century 21 S.G.R., Inc.

    Source: MRED as distributed by MLS GRID,MLS#: 12182138MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 7
    • Full bathrooms: 7
    Rooms
    • Room types: Enclosed Porch
    Heating
    • Natural Gas
    Features
    • Windows: Screens
    • Basement: Finished,Full

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage Door Opener, On Site, Garage Owned, Detached, Unassigned, Owned, Garage
    • Garage spaces: 3
    • Has uncovered spaces: Yes
    Lot
    • Size: 3,484 Square Feet
    • Dimensions: 30 X 125
    Details
    • Parcel number: 14072290200000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Flat
    Condition
    • New construction: No
    • Year built: 1997

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Community
    • Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
    • Security: Carbon Monoxide Detector(s)
    • Subdivision: Andersonville
    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $1,080,010
    • Annual tax amount: $15,398
    • Date on market: 10/7/2024
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/22/2024Sold$1,175,000-4.1%
    Source: MRED as distributed by MLS GRID #12182138 Report a problem
    11/13/2024Contingent$1,225,000
    Source: MRED as distributed by MLS GRID #12182138 Report a problem
    10/7/2024Listed for sale$1,225,000
    Source: MRED as distributed by MLS GRID #12182138 Report a problem
    10/3/2024Listing removed$1,225,000
    Source: MRED as distributed by MLS GRID #12166104 Report a problem
    9/17/2024Listed for sale$1,225,000-5.7%
    Source: MRED as distributed by MLS GRID #12166104 Report a problem
    8/19/2024Listing removed$1,299,000
    Source: MRED as distributed by MLS GRID #12086947 Report a problem
    8/13/2024Listed for sale$1,299,000+2498%
    Source: MRED as distributed by MLS GRID #12086947 Report a problem
    5/5/2020Listing removed$1,450
    Source: Zillow Rental Manager Report a problem
    4/17/2020Listed for rent$1,450
    Source: Zillow Rental Manager Report a problem
    3/27/1996Sold$50,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $108,001 +48%
    2023$15,399 +2.6%$72,983
    2022$15,011 +2.3%$72,983
    2021$14,676 -4.5%$72,983 +5.8%
    2020$15,363 -2.4%$68,965 -12%
    2019$15,746 -7.8%$78,370 -9.4%
    2018$17,080 +10.4%$86,467 +20.3%
    2017$15,468 +7.5%$71,856
    2016$14,392 +5.9%$71,856 -3.1%
    2015$13,595 +31.3%$74,191 +33%
    2014$10,351 +2%$55,787
    2013$10,146 -11.4%$55,787 -12.6%
    2012$11,449 +1.1%$63,800 -8.7%
    2011$11,324 -0.4%$69,882
    2010$11,371 -9.9%$69,882 -13.6%
    2009$12,616 +34.1%$80,906 +23.4%
    2008$9,407 +1%$65,577
    2007$9,314 -1.1%$65,577
    2006$9,414 -3.5%$65,577 +9.9%
    2005$9,752 +1%$59,684
    2004$9,654 +6.3%$59,684 +4%
    2003$9,081 +15.5%$57,388 +31.1%
    2002$7,863 +3.8%$43,764
    2001$7,578 -14.7%$43,764
    2000$8,885 -9.8%$43,764 -5.4%
    1999$9,847 $46,250
    Find assessor info on the county website

    Neighborhood: Andersonville

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,409,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,409,000