Stabilized 6-Unit Multi Family Investment 8047 W Foster Ln 6 Unité Immeuble d’appartements 1 299 903 $ CAD (216 650 $ CAD/Unité) 5,27% Taux de capitalisation Niles, IL 60714

This well-maintained, six-unit multifamily building presents investors with a rare
opportunity to acquire a stabilized asset in the highly desirable Village of Niles. Tucked
away at the end of a quiet cul-de-sac adjacent to a public park, the property offers an
attractive residential setting with convenient access to shopping, dining, public
transportation, major expressways, and O'Hare International Airport. The building
features six (6) one-bedroom, one-bath apartments with a strong rental history and
value-add potential through below-market rents on select units. Ownership has
meticulously maintained the property for over 43 years, completing routine capital
improvements including a new furnace in 2024 and regularly seal-coating the roof
every three years. Additional amenities include approximately 8.5 off-street parking
spaces, on-site coin laundry providing supplemental income, and tenant-paid electric,
helping to minimize operating expenses. This is an excellent opportunity for investors
seeking a well-maintained, income-producing asset in one of Chicago's most sought-
after suburban rental markets.