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About the Listing 86384 - 183500
This solid brick 18-unit multifamily building presents an exceptional value-add opportunity. Each unit is a spacious one-bedroom, one-bath layout featuring hardwood floors throughout and classic vintage kitchens and baths-ready for thoughtful updates that can unlock strong rental upside. Investors will appreciate the potential to modernize interiors, increase rents to market levels, and explore the possibility of converting six units into two-bedroom layouts for even greater income growth. It has a new boiler, the water tank is less than 5 yrs old and significant improvements were made to the back porch. The property offers ample off-street parking and is ideally situated directly across from Cook Elementary School, just one block north of Foster Park, and three blocks from the vibrant retail corridor along Ashland Avenue-an attractive location for tenants seeking convenience and community.
Listing Highlights
Status
Active
Days on Site
6
Property Type
Multi-Family
MLS ®
12572161
Year Built
1928
Total Square Footage
0
Lot/Acreage
0.21
County
Cook
Area
CHI - Auburn Gresham
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Central Bldg Heat
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 75 X 125
- Zoning: MULTI
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $18,352
- Taxes w/Assessments: N/A
- Tax/Property ID: 20321170350000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
8156 S Laflin St Chicago, IL 60620
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