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$380,000

Est. payment - /mo

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6 Beds

4 Baths

3,484 Sqft Lot

Open Sat 10AM-12PM

7950 S Lafayette AVE Chicago, IL 60620

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

Open House

Sat Nov 01, 10:00am - 12:00pm

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12497699

Bedrooms 6

Year Built 1970

Annual Tax Amount $3,165

Tax Year 2023

Lot Size 3,484 Sqft

Lot Dimensions 30X125

Property Sub-Type Two to Four Units

Property Description

This building is designed as two mirror image units, each with 3 bedrooms and 1.5 bathrooms, making it ideal for investors seeking stable rental income. Each unit includes: A welcoming living area with large windows for natural light. Hardwood flooring throughout, giving warmth and character to each space. Twin-unit configuration offers reliable dual income streams Hardwood floors add charm and reduce immediate renovation costs Unfinished basement provides flexibility for value-add improvements Onsite parking (four spaces) is a valuable commodity in urban settings Strong walk and transit scoring enhance occupant desirability Reasonably priced entry point for multifamily investors in Chicago The full basement is open and unfinished, offering flexibility for future build-out - whether that's converting to additional living space, storage, or installing building mechanicals.

Location

State IL

County Cook

Area Chi - Chatham

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas, Baseboard

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Amanda Stapleton of Blue Door Dave Inc

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106