$395,000
7950 S Lafayette Avenue
Chicago, IL, 60620
Opportunity knocks in Chatham! This classic Chicago brick 2-flat delivers space, income potential, and future possibilities all in one. Each unit offers 3 bedrooms, 1.5 baths and sun-filled living spaces perfect for comfortable everyday living. The full unfinished basement is already equipped with plumbing, electrical, and separate mechanicals, making it ready for your vision to build out for more cash flow. Rear space offers the potential to add a future garage and increase value even further. Whether you’re looking to expand your portfolio or live in one unit while generating income from the other, this property is packed with potential.
Property Details
Price:
$395,000
MLS #:
MRD12650490
Status:
Active
Beds:
6
Baths:
4
Type:
Multi Family
Neighborhood:
chichatham
Listed Date:
May 20, 2026
Year Built:
1970
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Brick
Parking Features
Yes
Parking Spots
2
Parking Total
2
Financial
Tax Year
2024
Taxes
$4,018
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Multi Family in Chicago as of May 20, 2026
1,362
Multi Family Listed
79
Avg DOM
$515,760
Avg List Price
Community
- Address7950 S Lafayette Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60620
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Property Summary
- 7950 S Lafayette Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60620. It is listed for $395,000 To schedule a showing of MLS#mrd12650490 at 7950 S Lafayette Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
Copyright 2026. All rights reserved.
7950 S Lafayette Avenue
Chicago, IL
