9436 S Laflin Street Chicago, IL $ 525,000
9436 S Laflin Street
$ 525,000
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9436 S Laflin Street

Chicago, IL, 60620
$ 525,000
Bedrooms2 Baths0.0

Monthly Estimate*

$ 3,489

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Multi-Family Home for sale in Chicago, IL

for $525,000 with 2 bedrooms. This home was built in 1922 on a lot size of 0.14.

This income-producing property in Washington Heights is a dream come true for investors seeking a stable and profitable addition to their portfolio! This beautifully maintained 6-unit building boasts spacious 2-bedroom, 1-bathroom apartments, each featuring a formal dining room and an enclosed back porch. Enjoy peace of mind with a recently updated Rubberized Aluminum coated roof (under 10 years old!) and completely updated electrical systems throughout the building. Five out of six units are currently occupied by reliable tenants who have called this building home for over 4 years. The current rents are well below market value. A detached 4-car garage provides additional income potential or extra storage space for your tenants. Additionally, the common space is well-maintained and inviting, creating a positive first impression for potential renters. Check it out today.

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Multi-Family Active

Price

$ 525,000

Bedrooms

2

Property Type

Multi-Family

Taxes

$ 5,753

Style

Multi-Family

Lot Size

0.14

Year Built

1922

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12030677

Features
General
Cooling None
Possession Closing Tenant's Rights
Roof Rubber
Zoning MULTI
Construction Materials Brick
Year Built 1922
Electric Circuit Breakers
Tenant Pays Electricity Other
Stories 3
Township Lake
Tax Year 2022
Current Use Multi-Family
Gross Income 59400
County Cook
Net Operating Income 24470
Operating Expense 34930
Insurance Expense 9666
Property Type Commercial Sale Multi Family 5+
Status Active
Directions Ashland Ave to 94th St to Laflin to the property
City Chicago
NumberOfUnitsTotal 6
MLS Area CHI - Washington Heights
Lot Size Square Feet 6250
Street Name Laflin
Tax Annual Amount 5753
Electric Expense 740
Fuel Expense 9995
Trash Expense 4214
Water Sewer Expense 3108
Additional Parcels Y/N N
Days on Market 7
Standard Status Active
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Interior
Total Fireplaces 0
Street Suffix Street
Basement Unfinished
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Exterior
Lot Dimensions 51X125
Lot Size Acres 0.14
Frontage Type City Street
Exterior Brick
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* Excluded Features
List By
Baird & Warner

Broker

thomas@thetgl3group.com;thomas@thetgl3group.com

Email

Affordability Calculator

$3,969
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,489
Monthly Property Taxes
$479
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2024$525,000 Listed Price

Map


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9436 S Laflin Street, Chicago, IL, 60620 is a Multi-Family Home for sale at $525,000 with a lot size of 0.14. 9436 S Laflin Street has 2 bedrooms, 0.0 baths, and was built in 1922. The property's zip code is 60620 which is in Chicago, IL