5351 W Foster Avenue
Chicago, IL, 60630
$755,000
7 Beds
3 Baths
0 SqFt
0 Acres
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MLS #MRD12764380 image #0
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 Details

Price:
$755,000
MLS #:
MRD12764380
Status:
Active Under Contract
Beds:
7
Baths:
3
Type:
Multi Family
Neighborhood:
chijeffersonpark
Listed Date:
Sep 23, 2026
Year Built:
1915
Chi – Jefferson ParkChijeffersonparkBeaubien Elementary SchoolBeaubien Elementary SchoolTaft High School

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Schools

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

Interior

Heating
Natural Gas, Forced Air, Sep Heating Systems – 2+

Exterior

Community Features
Park, Sidewalks, Street Lights
Construction Materials
Other
Garage Spaces
2
Parking Features
Garage Door Opener, Carport, Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Patio And Porch Features
Deck, Patio
Roof
Asphalt
Window Features
Screens

Financial

Tax Year
2025
Taxes
$11,274

Map

Community

Market Summary

Current real estate data for Multi Family in Chicago as of Oct 06, 2026
1,372
Multi Family Listed
78
Avg DOM
$530,770
Avg List Price

Property Summary

    5351 W Foster Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60630. It is listed for $755,000

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5351 W Foster Avenue
Chicago, IL