About 8047 W Foster Lane
Well-maintained multifamily investment opportunity in desirable Niles, located on a quiet cul-de-sac adjacent to a public park. The property features four (4) 1-bedroom/1-bath units and one (1) 3-bedroom/2-bath unit, approximately 8.5 off-street parking spaces, coin laundry, tenant-paid electric, and a new furnace installed in 2024. Long-term ownership with strong rental history and rental upside. Seller is currently renting/operating the property as six (6) units.
Features of 8047 W Foster Lane
| MLS® # | 12705081 |
|---|---|
| Price | $899,900 |
| Bathrooms | 0.00 |
| Year Built | 1965 |
| Type | Commercial Sale |
| Sub-Type | Multi Family 5+ |
| Status | Price Change |
| Taxes | $17,092 |
Community Information
| Address | 8047 W Foster Lane |
|---|---|
| Area | Niles |
| City | Niles |
| County | Cook |
| State | IL |
| Zip Code | 60714 |
Amenities
| Is Waterfront | No |
|---|---|
| New Construction | No |
| Has Pool | No |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Brick |
|---|---|
| Roof | Tar/Gravel |
Additional Information
| Days on Market | 49 |
|---|---|
| Zoning | MULTI |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Coldwell Banker Commercial NRT |
|---|
