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5351 W Foster Avenue Chicago, IL 60630

$749,000
Coming Soon / MLS# 12713816 / Multi Unit - Multiple / Chicago
7 Beds
3 Baths

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 substantially offset their monthly expenses. 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 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.

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Baird & Warner Jen Schreiber 312.213.0424 Email

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Estimated Payment

$ 2,846.32 per month $1,664.44 Principal & Interest $963.42 Property Tax $218.46 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Finished, Rec/Family Area, Sleeping Area, Full
Basement: Yes
Garage: 2
Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
Lot Size: 35 X 125
Roof Type: Asphalt
Taxes: $11,561
Year Built: 1915

Feature Descriptions

Lot Dimensions: 35 X 125
Other Equipment: Sump Pump
Parcel#: 13093060040000
Parking: Garage Door Opener, Carport, Yes, Garage Owned, Detached, Garage
Sewer: Public Sewer
Total Rooms: 14
Township: Jefferson
Water: Lake Michigan

Schools

High School: Taft High School
Middle School: Beaubien Elementary School
Elementary School: Beaubien Elementary School
School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

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