9436 South Laflin Street

Chicago, IL 60620

$525,000
Price
12
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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...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.
  1. Listed by Thomas LeNoir • Baird & Warner
  2. Listed by Lauren Callaway • Baird & Warner

Property Details for 9436 South Laflin Street

Area
CHI - Washington Heights
Township
Lake
Num of Interior Fireplaces
0
Zoning
MULTI

Location

Listing Courtesy of Baird & Warner
Add your commute
LISTING UPDATED: 04/23/2024 12:07 AM

Property Details for 9436 South Laflin Street

StatusActive
MLS #12030677
Days on Market17
Taxes$5,753 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1922
Lot Size0.14 AC / 6,250 SF
CountyCook County

Location

Listing Courtesy of Baird & Warner
Add your commute

Building Information for 9436 South Laflin Street

Stories-Residences6Year Built1922Building Size-Lot Size0.14 AC / 6,250 SF

Payment Calculator

$3,345 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,865

Property Taxes

$479

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9436 South Laflin Street

General Information
Addtl Parking Information
  • Open Parking Spaces: 4.0
Location and General Information
  • Frontage Type: City Street
  • Information: 24-Hr Notice Required,No Sign on Property
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Circuit Breakers
  • # Of Washers: 2
  • Basement Description: Unfinished
  • Heat/Ventilation: Radiators
  • # Of Window/Ac: 0
  • # Of Refrigerators: 1
  • # Of Dryers: 2
  • # Of Disposals: 0
  • # Of Dishwashers: 0
  • Num of Baths: 6.0
Exterior Features
  • Building Unit Info: No Units Furnished
  • Misc Outside: Enclosed Porch
Property/Lot Information
  • Tenant Pays: Electricity, Other
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Dimensions: 51X125
  • Lot Size Square Feet: 6250.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Rubber
  • Roof Structure: Flat
  • Lot Size Source: County Records
  • # Of Ranges: 1
  • Conversion: N
  • MRD_UNC: No
Property and Assessments
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 3
  • Document Date: 2024-04-17T18:21:36
  • Photos Count: 12
  • Deconversion: N
Miscellaneous
  • Current Use: Multi-Family
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: $740.00
  • Fuel Expense: $9,995.00
  • Gross Income: $59,400.00
  • Gross Scheduled Income: $59,400.00
  • Insurance Expense: $9,666.00
  • Maintenance Expense: $6,260.00
  • Janitor Expense: 522
  • Total Monthly Income: 4950
  • Net Operating Income: $24,470.00
  • Operating Expense: $34,930.00
  • Other Expense: $425.00
  • Trash Expense: $4,214.00
  • Water Sewer Expense: $3,108.00
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 Beds Total: 0
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 0
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 9436 South Laflin Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 9436 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.

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9436 South Laflin Street is a multi-family home for sale in Chicago, IL 60620. This property was listed for sale on April 17, 2024 by Baird & Warner, it's currently listed at $525,000. 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. 9436 South Laflin Street is a 12-bed, 6-bath, multi-family home built in 1922.

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 Baird & Warner

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 04/23/2024 12:07 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.