IL > Chicago
Chicago, IL 60620,9211 S Laflin ST
Chicago, IL 60620,9211 S Laflin ST
Chicago, IL 60620,9211 S Laflin ST
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$1,299,000
Est. payment /mo
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Active Under Contract

9211 S Laflin ST Chicago, IL 60620

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Ariel Manlapaz

Ariel Manlapaz

+1(847) 924-7177

UPDATED:

10/10/2024 02:14 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 11987588

Maintenance Fees $17,682

Year Built 1931

Annual Tax Amount $17,682

Tax Year 2022

Lot Dimensions 90X125

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

Dwelling Type Multi Family 5+

Level or Stories 4

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jason Marcordes • Landmark Property Management, Inc.

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Ariel Manlapaz

Real Estate Consultant | License ID: 475173895

+1(847) 924-7177

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