$380,000

7950 S Lafayette Avenue, Chicago, IL 60620

  • 6 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1970
  • Property Lot Size Icon3,485sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 15 days ago

Property Description

This building is designed as two mirror image units, each with 3 bedrooms and 1.5 bathrooms, making it ideal for investors seeking stable rental income. Each unit includes: A welcoming living area with large windows for natural light. Hardwood flooring throughout, giving warmth and character to each space. Twin-unit configuration offers reliable dual income streams Hardwood floors add charm and reduce immediate renovation costs Unfinished basement provides flexibility for value-add improvements Onsite parking (four spaces) is a valuable commodity in urban settings Strong walk and transit scoring enhance occupant desirability Reasonably priced entry point for multifamily investors in Chicago The full basement is open and unfinished, offering flexibility for future build-out - whether that's converting to additional living space, storage, or installing building mechanicals.

Listing Status:
Active
Listing Office:
Blue Door Dave Inc : 773-220-4669
Listing Agent:
Amanda Stapleton : 773-220-4669
MLS ID:
12497699
  • Basement: UnfinishedFull
  • Heating: Natural GasBaseboard
  • Parking: Off AlleyOn SiteOwnedParking spaces: 4
  • Originating MLS: mred
  • School District: 299
  • County: Cook
  • Zoning: 20332060380000
  • Water: Public
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Amanda Stapleton, Blue Door Dave Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lenart Elementary Regional Gifted Center

8101 S La Salle St, Chicago, IL, 60620

Grades PK-8

0.21 miles away

L

Lenart Elementary Regional Gifted Center

8101 S La Salle St, Chicago, IL, 60620

Grades PK-8

0.21 miles away

S

Simeon Career Academy High School

8147 S Vincennes Ave, Chicago, IL, 60620

Grades 9-12

0.52 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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