Last Sold Price
15 beds
901 S Laflin St, Chicago, IL 60607

Description

901-905 S Laflin is a 6-unit multi-family income opportunity in Chicago's Little Italy Taylor Street Neighborhood between the UIC East Campus and The Illinois Medical Center and close to Rush Hospital. This property consists of two 3-story, all-brick buildings on a 50x125.5 lot, featuring three 2-bedroom, 1-bath units and three 3-bedroom, 1-bath units (two separate pins: 17173170140000, 17173170150000). Renovated in 2021, 901-905 S Laflin offers high-quality apartments with modern amenities: in-unit...901-905 S Laflin is a 6-unit multi-family income opportunity in Chicago's Little Italy Taylor Street Neighborhood between the UIC East Campus and The Illinois Medical Center and close to Rush Hospital. This property consists of two 3-story, all-brick buildings on a 50x125.5 lot, featuring three 2-bedroom, 1-bath units and three 3-bedroom, 1-bath units (two separate pins: 17173170140000, 17173170150000). Renovated in 2021, 901-905 S Laflin offers high-quality apartments with modern amenities: in-unit washers and dryers, central heat & air, quartz countertops, vinyl flooring, optimized layouts, and outdoor balconies. Residents pay for their own electricity and gas. The property also includes a 6-car parking pad off the rear alley. Located just one block off Taylor Street, residents have easy access to retail, restaurants, services, and convenient transportation options (Blue & Pink EL, Eisenhower, Kennedy, and Dan Ryan Expressways).
LISTING CLOSED: 08/31/2024 12:00 AM

  1. Listed by Reed Meyer • Base 3 Properties
    P: (858)-431-9407 rjosephmeyer@gmail.com; Reed@Base3co.com

Sold By Keller Williams Infinity

Property Details for 901 South Laflin Street

Status
MLS #
12061539
Days on Market
55
Taxes
$22,832 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi Family 5+ / Flats
Year Built
1863
Lot Size
0.14 AC / 6,275 SF
Area
CHI - Near West Side
Township
West Chicago
Air Conditioning Type
Central Air
Zoning
MULTI

Location

Add your commute

Building Information for 901 South Laflin Street

Stories3Residences6Year Built1863Building Size-Lot Size0.14 AC / 6,275 SF

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$10,162 per month

30 year fixed, 6.55% Interest

Principal and Interest

$8,260

Property Taxes

$1,903

HOA Dues

$0

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Property Information for 901 South Laflin Street

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces,Assigned Spaces,Common Parking,Private Lot
Location and General Information
  • Frontage Type: City Street, Public Road
  • Information: List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Central Air
  • # Of Washers: 6
  • Heat/Ventilation: Forced Air,Gas
  • # Of Window/Ac: 6
  • # Of Refrigerators: 6
  • # Of Dryers: 6
  • # Of Dishwashers: 6
  • Num of Baths: 6.0
Utilities / Equipment
  • Utilities: Sanitary Sewer, Sewer-Storm Available, Water-Municipal, Water to Site
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 50X125.5
  • Lot Size Square Feet: 6275.0
  • Stories: 3
  • Exterior Building Type: Brick, Stone
  • Construction: Brick, Stone
  • Roof Type: Membrane, Rubber
  • Fire Protection: Carbon Monoxide Detector(s)
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter, Stone
  • Building Area Total: 4362
  • # Of Ranges: 6
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Multi-Family
  • Public Document Count: 5
  • Document Date: 2024-05-21T19:22:05
  • Photos Count: 37
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Curbs and Gutters,Sidewalks
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $165,114.00
  • Gross Scheduled Income: $165,114.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
  • Manager Expense: $.00
  • Electric Expense Source: Owner Projection
  • Expense Year: 2024
  • Total Annual Expense Source: Owner Projection
  • Fuel Expense Source: Owner Projection
  • Insurance Expense Source: Owner Projection
  • Janitor Expense: 0
  • Manager Expense Source: OP
  • Other Expense Source: Owner Projection
  • Repairs-Decor Expense Source: Owner Projection
  • Trash Expense Source: Owner Projection
  • Total Monthly Income: 13759
  • Water Expense Source: Owner Projection
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 3
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 3
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 901 South Laflin Street

DateEvent & SourcePriceAppreciation
Aug 31, 2024

Sold

MRED #12061539

$1,625,000
Aug 28, 2024

Expired

MRED #12061539

$1,695,000
Jul 14, 2024

Pending

MRED #12061539

DateEvent & SourcePrice
08/31/2024

Sold

MRED #12061539

$1,625,000
08/28/2024

Expired

MRED #12061539

$1,695,000
07/14/2024

Pending

MRED #12061539

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 901 South Laflin Street

Taxable ValueLand$17,500Additions$42,500Total$60,000
Tax Record2023$11,711 ($976 / month)
Home Facts
Baths3Total Finished SqFt2,181 SqFtAbove Grade Finished SqFt2,181 SqFtStories3Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1868CountyCOOKAPN17-17-317-014

Schools near 901 South Laflin Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - K to 8
Rating
School
Distance
Smyth J Elementary School
PublicPK to 8

Wells Community Academy High School
Public9 to 12

STEM Magnet Academy Elementary
PublicK to 8

Chicago World Language Academy
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Base 3 Properties

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 09/01/2024 01:15 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.