Active
9211 S Laflin Street
Chicago IL, 60620
$1,299,000
Active
Multi-family
Built in 1931
Courtesy of Landmark Property Management, Inc.
Discover the perfect investment with this 15-unit brick property, currently bringing in $15,680/month in gross 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
September 17, 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
167
Garage
No
View
No
County
Cook
Pool
No
Zoning
MULTI
Listing History
Date | Event | Price |
|---|---|---|
7/30/2024 | Active | — |
7/16/2024 | Under contract | — |
6/28/2024 | Price change | $1,299,000 -9% |
Courtesy of Landmark Property Management, Inc., Jason Marcordes,
Listing Contact: 312-313-8553
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Taylor Dixon Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 9/17/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 5:55 AM UTC, 9/17/2024
