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$344,900

Est. payment - /mo

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8 Beds

4 Baths

New

4947 S Laflin ST Chicago, IL 60609

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Park Place Realty Group LLC

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

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12685008

Bedrooms 8

Year Built 1898

Annual Tax Amount $3,834

Tax Year 2024

Lot Dimensions 25 X 124

Property Sub-Type Two to Four Units

Property Description

Exceptional opportunity to own a spacious two-unit building offering both immediate income and owner-occupant potential. Each oversized unit features 4 bedrooms and 2 full bathrooms, providing living space that is rarely found in multifamily properties. The first floor unit has just been beautifully renovated and is vacant, making it ideal for an owner-occupant or for leasing at current market rents. The second floor unit was renovated in 2023 and is tenant occupied, providing built-in rental income from day one. Additional features include a full basement with ample storage and future possibilities, a rear parking pad, and the ability for in-unit laundry in both apartments. Major capital improvements have already been completed, including a roof replacement in 2020. Tenants pay their own heat, gas, and electric, helping keep operating expenses low. Whether you're looking to house hack or expand your investment portfolio, this two-flat is one you won't want to miss.

Location

State IL

County Cook

Area Chi - New City

Rooms

Basement Unfinished, Exterior Entry, Full

Interior

Heating Forced Air

Fireplace N

Exterior

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Vinyl Siding,Frame, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Vinyl Siding,Frame

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by John Warren of Forte Properties, Inc.

Nearby School & Business

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106