IL > Niles
Niles, IL 60714,8003 W Foster LN
Niles, IL 60714,8003 W Foster LN
Niles, IL 60714,8003 W Foster LN
Niles, IL 60714,8003 W Foster LN
Niles, IL 60714,8003 W Foster LN
Niles, IL 60714,8003 W Foster LN
Legacy Properties
Legacy Properties

+1(224) 999-9100

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$ 880,000

$ 949,000 7.3%

Est. payment | /mo

4,029 SqFt

$ 880,000

$ 949,000 7.3%

Est. payment | /mo

4,029 SqFt

Key Details

Sold Price $880,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 4,029 sqft

Price per Sqft $218

MLS Listing ID 12261308

Sold Date 04/17/25

Maintenance Fees $6,000

Year Built 1963

Annual Tax Amount $16,679

Tax Year 2023

Lot Dimensions 12,577

Property Sub-Type Multi Family 5+

Property Description

Prime Investment Opportunity of This 6-Unit Building in Niles! Don't miss out on this rare and outstanding investment opportunity. All the units are one bedroom, one bath with an eat-in kitchen and spacious living room/dining room combination. This well-maintained, solid brick building in the heart of Niles is 100% occupied with all tenants on month-to-month leases which offers exceptional potential for immediate rental income growth. 5 out of the 6 units have been beautifully renovated in the past few years with new kitchens, bathrooms and refinished hardwood floors. This sound, low maintenance brick building features a new roof installed in 2023, a regularly serviced 1988 boiler with valves and pump replaced within the past 5 years, windows from 1990 in all units and the rear enclosed porch windows from around 2020. There are on-site extra storage lockers in the basement, potential in building laundry (building previously had laundry), a common parking area behind the building on a first come first served basis with additional overnight parking on Washington. There is also a grassy side yard with concrete patio area, perfect for tenant enjoyment. Building is situated in a prime rental market in Niles with close proximity to Golf Mill Mall and Oak Mill Mall, providing convenient shopping options. There is also public transportation easily accessible via Golf Rd and Milwaukee Ave. This is a fantastic opportunity for investors looking for a turn-key property with strong rental demand in an area with growing potential. Don't wait - this gem won't last long!

Location

State IL

County Cook

Area Niles

Zoning MULTI

Rooms

Basement Unfinished, Exterior Entry, Storage Space

Interior

Cooling Window Unit(s)

Fireplace N

Building

Level or Stories 3

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Monica Balder • Baird & Warner
Bought with Monica Balder • Baird & Warner
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+1(224) 999-9100

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2325 Dean St, Suite 900, St Charles, Illinois, 60175, USA

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8003 W Foster LN