Andersonville Mixed-Use Gem: 1433-1439 W Foster Avenue Sells for $2.5M
Andersonville Mixed-Use Gem: 1433-1439 W Foster Avenue Sells for $2.5M
Sale at a Glance
A rare opportunity in Chicago’s vibrant Andersonville neighborhood, 1433-1439 West Foster Avenue has traded hands for $2,500,000. This seven-unit, mixed-use building drew significant interest thanks to its coveted location and flexible layout, ultimately selling in November 2025. Guided by Matthew Fritzshall of Triton Realty Group, the transaction highlights the enduring appeal and investment potential of Andersonville’s dynamic corridor.
Sale Details
This Andersonville property stands out as a prime example of strategic investment in one of Chicago’s most desirable neighborhoods.
Sale Price: $2,500,000
Sale Date: November 25, 2025
Broker: Matthew Fritzshall, Triton Realty Group
Units: 7 total, mixed-use configuration
Neighborhood: Andersonville, Chicago
Property Highlights
Positioned on bustling West Foster Avenue, this building offers a blend of residential comfort and commercial opportunity.
Mixed-Use Flexibility: Combines residential units with street-level commercial space for diverse income streams
Prime Andersonville Location: Steps from local favorites, public transit, and the neighborhood’s thriving retail and dining scene
Strong Curb Appeal: Classic Chicago brick architecture that resonates with renters and businesses alike
Proven Rental History: Consistently high occupancy rates driven by location and amenities
Key Investment Features
Investors were drawn to this asset for its blend of stability and upside in one of the city’s most sought-after pockets.
Desirable Unit Mix: The configuration supports both stable residential leases and attractive retail tenants
Walkability: High foot traffic and ease of access increase visibility and rental demand
Long-Term Value: Andersonville’s ongoing growth ensures lasting appreciation and income potential
Market Strategy and Positioning
Matthew Fritzshall and Triton Realty Group leveraged Andersonville’s unique energy and consistent rental demand to position the property as a rare, income-generating asset in a high-barrier-to-entry market. By targeting both local and national investors familiar with the area’s strong fundamentals, the team created a competitive environment that maximized value. The building’s timeless architecture and flexible layout were highlighted in all marketing efforts, awakening the aspirations of buyers seeking to tap into Andersonville’s future growth.
Frequently Asked Questions (FAQs)
This sale demonstrates the strength and appeal of Andersonville’s mixed-use market, where opportunity and lifestyle intersect.
Q: What types of tenants occupy the building?
A: The property features a mix of residential renters and commercial storefront, attracting both stable long-term residents and retail operators.
Q: Why is Andersonville considered a strong investment location?
A: Andersonville offers vibrant culture, strong demographics, and consistent demand from both renters and retail customers, making it a magnet for investors.
Q: Was the property fully occupied at sale?
A: The building maintained high occupancy rates throughout marketing, reflecting strong tenant demand.
Q: How does the building’s architecture contribute to its appeal?
A: Classic Chicago brick construction gives the property enduring charm and marketability for both residential and commercial tenants.
Q: What makes mixed-use properties in Andersonville stand out?
A: The blend of walkable amenities, diverse income streams, and neighborhood energy creates lasting value for owners and tenants alike.
Want to achieve results like this?
Contact Matthew Fritzshall at 847-778-746 to discuss your property goals in Chicago’s dynamic multifamily market.
