Under contract
Contingent
9211 S Laflin Street
Chicago IL, 60620
$1,299,000
Under contract
Contingent
Multi-family
Built in 1931
Courtesy of Landmark Property Management, Inc.
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.
11987588
MLSⓇ ID
March 4, 2024
Listed
November 22, 2024
Updated
Map
9211 S Laflin Street
Chicago IL, 60620
Interior Features
Total Stories
4
Fireplace
No
Cooling
No
Cooling Description
None
Heating
No
Exterior/Building Features
Other Property Details
Area Name
CHI - Washington Heights
Taxes
$17,682
Tax Frequency
Annually
Days on Market
221
Garage
No
View
No
County
Cook
Pool
No
Zoning
MULTI
Courtesy of Landmark Property Management, Inc., Jason Marcordes,
Listing Contact: 312-313-8553
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Data last updated 7:13 AM UTC, 11/22/2024