9307 South Laflin Street

Chicago, IL 60620

$599,900
Price
12
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Discover a unique investment gem! Nestled on a serene residential street, this rarely available jumbo brick 6-unit building comes complete with a 5-car garage-an exceptional find. Each of the expansive 1200 square foot units boasts a grand Living Room and Dining Room, creating a sense of space and comfort. Practicality meets luxury with separate tubs and showers in each unit, complemented by timeless oak floors throughout. The property is thoughtfully updated with newer windows, a roof installed...Discover a unique investment gem! Nestled on a serene residential street, this rarely available jumbo brick 6-unit building comes complete with a 5-car garage-an exceptional find. Each of the expansive 1200 square foot units boasts a grand Living Room and Dining Room, creating a sense of space and comfort. Practicality meets luxury with separate tubs and showers in each unit, complemented by timeless oak floors throughout. The property is thoughtfully updated with newer windows, a roof installed in 2007, a rear porch (2006), a Hot Water Tank (2015), and a new boiler (2023). Additional features include a separate finished basement offering recreation space and a bonus open area, individual tenant lockers, and newer tuckpointing on the garage. Previously occupied by a long-term senior, this property is now ripe for a new chapter. Perfect for owner occupancy, there's tremendous rent upside potential. The owner is open to considering all offers but requests a demonstration of 25% liquidity for showings. This is a rare opportunity that won't last long! Act now to secure your stake in this promising investment.
  1. Listed by James Mattz • Keller Williams Preferred Rlty

Property Details for 9307 South Laflin Street

Area
CHI - Washington Heights
Township
Lake

Location

Listing Courtesy of Keller Williams Preferred Rlty
Add your commute
LISTING UPDATED: 04/22/2024 11:33 AM

Property Details for 9307 South Laflin Street

StatusActive
MLS #11937281
Days on Market155
Taxes$6,986 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1926
Lot Size0.14 AC / 6,250 SF
CountyCook County

Location

Listing Courtesy of Keller Williams Preferred Rlty
Add your commute

Building Information for 9307 South Laflin Street

Stories-Residences6Year Built1926Building Size-Lot Size0.14 AC / 6,250 SF

Payment Calculator

$3,856 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,274

Property Taxes

$582

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9307 South Laflin Street

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
  • Open Parking Spaces: 5.0
Location and General Information
  • Frontage Type: City Street
  • Information: 48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Circuit Breakers
  • Basement Description: Partially Finished
  • Heat/Ventilation: Central Bldg Heat,Gas
  • Num of Baths: 6.0
Property/Lot Information
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Dimensions: 50 X 125
  • Lot Size Square Feet: 6250.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 16000
Property and Assessments
  • Possible Use: Multi-Family
  • Buyer Financing: Conventional
  • Public Document Count: 2
  • Document Date: 2023-11-27T22:36:00
  • Photos Count: 19
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: $384.00
  • Fuel Expense: $6,900.00
  • Gross Income: $67,200.00
  • Gross Scheduled Income: $67,200.00
  • Insurance Expense: $5,937.00
  • Maintenance Expense: $.00
  • Electric Expense Source: Owner Projection
  • Expense Year: 2022
  • Fuel Expense Source: Owner Projection
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Trash Expense Source: Actual
  • Total Monthly Income: 5600
  • Water Expense Source: Owner Projection
  • Net Operating Income: $41,649.00
  • Operating Expense: $25,550.00
  • Other Expense: $.00
  • Trash Expense: $1,224.00
  • Water Sewer Expense: $4,120.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 6
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 0
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Baths Total: 1
  • 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 9307 South Laflin Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 9307 South Laflin Street

Taxable ValueLand$5,625Additions$27,375Total$33,000
Tax Record2022$6,808 ($567 / month)
Home Facts
Baths6Total Finished SqFt10,140 SqFtAbove Grade Finished SqFt10,140 SqFtStories3Lot Size7,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1929CountyCOOKAPN25-05-318-003

Schools near 9307 South Laflin Street

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 2
Charter - 3 to 12
Rating
School
Distance
Fort Dearborn Elementary School
PublicPK to 8

Corliss High School
Public9 to 12

CICS Loomis
CharterK to 2

CICS Longwood
Charter3 to 12

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.

Similar Homes

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9307 South Laflin Street is a multi-family home for sale in Chicago, IL 60620. This property was listed for sale on November 29, 2023 by Keller Williams Preferred Rlty, it's currently listed at $599,900. This listing's school district is City Of Chicago School District 299. Nearby schools include Fort Dearborn Elementary School, Corliss High School and CICS Loomis. 9307 South Laflin Street is a 12-bed, 6-bath, multi-family home built in 1926.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Preferred Rlty

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. Based on information submitted to the MLS GRID as of 04/22/2024 11:33 AM. 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.