Address
9436 S Laflin Street, Chicago, IL
Price
$ 525,000
Property Attributes
- MLS#12030677
- TypeMulti-Family
- CountyCOOK
- CityChicago
- AreaCHI - Washington Heights
- NeighborhoodWashington Heights
- Zip60620
- StyleMulti-Family
- Year Built1922
- Taxes$ 5753
- Price$ 525,000
- Bedrooms2
- Full Bathrooms0
- Half Bathrooms0
- Lot Size6,098 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description
This income-producing property in Washington Heights is a dream come true for investors seeking a stable and profitable addition to their portfolio! This beautifully maintained 6-unit building boasts spacious 2-bedroom, 1-bathroom apartments, each featuring a formal dining room and an enclosed back porch. Enjoy peace of mind with a recently updated Rubberized Aluminum coated roof (under 10 years old!) and completely updated electrical systems throughout the building. Five out of six units are currently occupied by reliable tenants who have called this building home for over 4 years. The current rents are well below market value. A detached 4-car garage provides additional income potential or extra storage space for your tenants. Additionally, the common space is well-maintained and inviting, creating a positive first impression for potential renters. Check it out today.
| Price History | |
|---|---|
| 4/17/2024 | Listed $525,000 |
General Features
| Cooling | None |
|---|---|
| Possession | Closing,Tenant's Rights |
| Roof | Rubber |
| Zoning | MULTI |
| Construction Materials | Brick |
| Year Built | 1922 |
| Electric | Circuit Breakers |
| Tenant Pays | Electricity,Other |
| Stories | 3 |
| Township | Lake |
| Tax Year | 2022 |
| Current Use | Multi-Family |
| Gross Income | 59400 |
| County | Cook |
| Net Operating Income | 24470 |
| Operating Expense | 34930 |
| Insurance Expense | 9666 |
| Property Type | Commercial Sale |
| MaintenanceExpense | 6260 |
| Status | Active |
| Directions | Ashland Ave to 94th St,to Laflin,to the property |
| City | Chicago |
| Total Units | 6 |
| MLS Area | CHI - Washington Heights |
| Lot Size Square Feet | 6250 |
| Street Name | Laflin |
| Tax Annual Amount | 5753 |
| Electric Expense | 740 |
| Fuel Expense | 9995 |
| Trash Expense | 4214 |
| Water Sewer Expense | 3108 |
| Additional Parcels Y/N | No |
| Days on Market | 7 |
| Standard Status | Active |
| Property Type | Multi Family 5+ |
Interior Features
| Street Suffix | Street |
|---|---|
| Basement | Unfinished |
Exterior Features
| Lot Dimensions | 51X125 |
|---|---|
| Lot Size Acres | 0.14 |
| Frontage Type | City Street |
| Exterior | Brick |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 60620
Price
Taxes
Visits
Year Built
