GET MORE INFORMATION
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.
$ 1,225,000
$ 1,299,000 5.7%
Est. payment /mo
Sold on 02/14/2025
9211 S Laflin ST Chicago, IL 60620
UPDATED:
Key Details
Sold Price $1,225,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11987588
Sold Date 02/14/25
Maintenance Fees $17,682
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
Area Chi - Washington Heights
Zoning MULTI
Interior
Cooling None
Fireplace N
Exterior
Utilities Available Water-Municipal, Cable Available
Building
Level or Stories 4
Structure Type Brick
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jason Marcordes • Landmark Property Management, Inc.
Bought with Eric Hu • Kale Realty
Bought with Eric Hu • Kale Realty