9211 S Laflin Street
Chicago, IL, 60620
$1,299,000
Beds
0 Baths
0 SqFt
0 Acres
Add
Add
$1,299,000
9211 S Laflin Street
Chicago, IL, 60620
MLS #MRD11987588 img 0MLS #MRD11987588 img 1MLS #MRD11987588 img 2MLS #MRD11987588 img 3MLS #MRD11987588 img 4MLS #MRD11987588 img 5MLS #MRD11987588 img 6MLS #MRD11987588 img 7MLS #MRD11987588 img 8MLS #MRD11987588 img 9MLS #MRD11987588 img 10MLS #MRD11987588 img 11MLS #MRD11987588 img 12MLS #MRD11987588 img 13MLS #MRD11987588 img 14MLS #MRD11987588 img 15MLS #MRD11987588 img 16MLS #MRD11987588 img 17MLS #MRD11987588 img 18MLS #MRD11987588 img 19MLS #MRD11987588 img 20MLS #MRD11987588 img 21MLS #MRD11987588 img 22MLS #MRD11987588 img 23MLS #MRD11987588 img 24MLS #MRD11987588 img 25MLS #MRD11987588 img 26MLS #MRD11987588 img 27MLS #MRD11987588 img 28MLS #MRD11987588 img 29MLS #MRD11987588 img 30MLS #MRD11987588 img 31
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.

Property Details

Price:
$1,299,000
MLS #:
MRD11987588
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
9211 S Laflin Street
Type:
Commercial
Neighborhood:
CHI – Washington Heights
City:
Chicago
Listed Date:
Mar 4, 2024
State:
IL
ZIP:
60620
Year Built:
1931

Schools

Interior

Cooling
None

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$88,694
Tax Year
2022
Taxes
$17,682
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Similar Listings Nearby

9211 S Laflin Street
Chicago, IL