Chicago, IL 60620,9211 S Laflin Street
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Chicago, IL 60620,9211 S Laflin Street
Chicago, IL 60620,9211 S Laflin Street
Chicago, IL 60620,9211 S Laflin Street
Chicago, IL 60620,9211 S Laflin Street

$1,225,000

Est. payment /mo

$1,299,000

5.7%
Est.Price: ?

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9211 S Laflin Street Chicago, IL 60620

SOLD DATE : 02/14/2025

Key Details

Sold Price $1,225,000

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11987588

Sold Date 02/14/25

Year Built 1931

Annual Tax Amount $17,682

Tax Year 2022

Lot Dimensions 90X125

Property Sub-Type Multi Family 5+

Property Description

Discover the perfect investment with this 15-unit brick property, currently bringing in 16,305/month in rents. This property features a desirable mix of two-bedroom, one-bedroom, and studio apartments, plus an adjacent parking lot for tenant use. Located on a desirable block, this property boasts spacious living spaces that cater to a wide range of tenants. Meticulously maintained, it demonstrates the owners' commitment to quality, with a gas forced air system for efficient heating and separate utilities to minimize landlord expenses. Situated in a safe, quiet area just 20 minutes from the loop, tenants enjoy proximity to amenities, including shopping, dining, parks, and public transport. Offering a mix of rehabbed, updated, and vintage units, this property presents a significant value-add opportunity through potential rent increases, further renovations, and additional income streams like paid parking. An exceptional chance for both seasoned investors and newcomers, this property promises stability and significant growth potential. May be purchased as a portfolio with 6221-6235 W Wabansia, Chicago, MLS#11984243.

Location

State IL

County Cook

Zoning MULTI

Interior

Cooling None

Fireplace N

Exterior

Utilities Available Water-Municipal, Cable Available

View Y/N true

Building

Foundation Concrete Perimeter

Structure Type Brick

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Listed by Jason Marcordes • Landmark Property Management, Inc.
Bought with Eric Hu • Kale Realty
agent

Dan Firks

Principal Agent Dan Firks Team | License ID: 475.141739

+1(630) 637-9009

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