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$530,000
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Property Description
Rare opportunity to acquire a fully renovated, turnkey, two-unit income-producing property in a highly desirable, commuter-friendly Chicago neighborhood. This fully renovated building offers strong rental potential, modern updates, and minimal deferred maintenance, ideal for both seasoned investors and first-time multifamily buyers. The property has undergone extensive renovations, including exterior improvements, enhancing both its aesthetic appeal and long-term value. Each unit features 2 bedrooms and 1 bathroom with spacious, thoughtfully designed layouts and bright living areas. Unit 1 offers a brand-new eat-in kitchen with new cabinets, countertops, and stainless-steel appliances, a large living and dining area accented by custom crown molding, and generous bedroom sizes for comfortable living. Unit 2 also features a brand-new kitchen with new cabinets, countertops, and stainless-steel appliances, an open floor plan filled with natural light, and a cozy family room combo perfect for modern living. Nestled on a beautiful tree-lined street, this property combines the charm of neighborhood living with city convenience. Residents enjoy proximity to top-rated schools, beautiful parks, the Forest Preserve trail system, and a variety of shopping and dining options. Convenient access to I-90/I-294, O'Hare International Airport, the CTA Blue Line, and Metra make this an unbeatable location for commuters. Offering immediate rental income, long-term appreciation potential, and low-maintenance ownership, this is an exceptional investment opportunity. Schedule your private showing today!
Full Property Details
Full Property Details for 7635 W Foster Ave
General
- Sold For: $530,000
- Taxes: $6,962 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12507432
- Added to Site: 122 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Parking
- Total Spaces: 4
- Parking Features: Yes
Location
- Area: CHI - Norwood Park
- County: Cook
- Driving Directions: Harlem Ave. to Foster Ave - 7635 W. Foster Ave.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Other
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Frame
- Exterior Const.: Frame
- Basement Desc.: Unfinished, Full
- Year Built: 1908
- Built Before 1978: Yes
- Remodeled/Updated: 2025
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 57 x 100
Financial Considerations
- Assessment Year: 1908
- Tax Amount: $6,962.68
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 12123080050000
Listed by Charles Rutenberg Realty of IL
Sold by CENTURY 21 New Heritage
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Schools
Schools serving 7635 W Foster Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Oriole Park Elementary School, Chicago, IL 5424 North Oketo Avenue, Chicago, IL 60656 | PK-8 | 0.4 mi |
Taft High School 6530 West Bryn Mawr Avenue, Chicago, IL 60631 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7635 W Foster Ave
Date
Details
Price
Change
Source
2/04/2026
Sold
$530,000
2.91%
MLS
12/03/2025
Price Reduced
$515,000
-2.65%
MLS
10/31/2025
Listed
$529,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7635 W Foster Avenue, Chicago, IL 60656 (MLS# 12507432) is a Multi-Family property that was sold at $530,000 on February 04, 2026. Want to learn more about 7635 W Foster Avenue? Do you have questions about finding other Multi-Family real estate for sale in Norwood Park? You can browse all Norwood Park real estate or contact a Coldwell Banker agent to request more information.

