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14 Properties Within 0.5 miles of: 5351 W Foster, Chicago
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5351 W Foster
Chicago, IL 60630

  • 7 Beds
  • Built In 1915
Price

$749,000

Est Payment
$4,814 / month (details)  
Taxes
$11,561  
Beds
7  
Rooms
13  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
35 X 125  
Built
1915  
Neighborhood
Jefferson Park  
MLS
#12713816
Status
Active

Property Description

Rare opportunity to own a fully renovated, income-producing 2-flat in the heart of Jefferson Park! Offering more than 3,000 square feet of living space and impressive rental income, this turnkey property is ideal for investors or owner-occupants looking to supplement housing costs with rental income. Unit 1 is currently rented for $3,200/month, while the beautifully remodeled second-floor unit offers projected rental potential of approximately $2,900/month, bringing total pro forma rental income to approximately $6,100/month or $73,200 annually. Each unit features three bedrooms, one full bath, abundant natural light, and separate utilities including Central Air. The first-floor unit offers hardwood floors, a generous living and dining space, and a spacious kitchen with white cabinetry, stainless steel appliances, granite countertops, and an oversized island with seating for four. The second-floor unit was remodeled just this year and features luxury vinyl flooring, a gorgeous new kitchen with white cabinetry, quartz countertops and new stainless steel appliances, plus its own in-unit washer and dryer and updated bathroom. Finally, the finished lower level with a washer / dryer, large family room, additional non-conforming bedroom and full bath provides exceptional additional living space. 3 floors and 3 bathrooms - one on each level! Major property improvements include a newer roof, drain tile and sump pump. Outside, enjoy a fully paved, low-maintenance backyard, two-car garage, and additional parking pad. Conveniently located near the Jefferson Park Blue Line and Metra stations, I-90/94, O'Hare, schools, parks, shopping and restaurants. With substantial current and projected rental income, extensive recent improvements, separate utilities, and excellent long-term potential, this is a truly turnkey opportunity in one of Chicago's most desirable Northwest Side neighborhoods.

Property Map

Property Details

Utilities

  • Heating Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Parking
2 Garage Spaces, Garage Door Opener, Carport, Yes, Garage Owned, Detached, Garage, Parking included in price
Schools
Taft High School (299), Beaubien Elementary School (299), Beaubien Elementary School (299)

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Nearby Transportation

  • Bus 92 < 0.1 mi
  • Bus 85A 0.2 mi
  • Bus 85 0.2 mi
  • Bus 68 0.2 mi
  • Bus 88 0.3 mi
  • Bus X98 0.3 mi
  • Bus 81 0.3 mi
  • Bus 91 0.4 mi
  • Bus 56 0.4 mi
  • Bus 81W 0.4 mi
  • Bus 54A 0.7 mi
  • Bus 78 1.0 mi
  • Bus 84 1.2 mi
  • Union Pacific Northwest 0.2 mi
  • Milwaukee North 0.4 mi
  • Blue Line 0.3 mi
  • I 90 West 0.3 mi
  • I 90 East 0.4 mi
  • I 94 East 0.8 mi
  • I 94 West 0.8 mi
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