4947 S Laflin Street, Chicago, IL
  • $344,900

Description

Exceptional opportunity to own a spacious two-unit building offering both immediate income and owner-occupant potential. Each oversized unit features 4 bedrooms and 2 full bathrooms, providing living space that is rarely found in multifamily properties. The first floor unit has just been beautifully renovated and is vacant, making it ideal for an owner-occupant or for leasing at current market rents. The second floor unit was renovated in 2023 and is tenant occupied, providing built-in rental income from day one. Additional features include a full basement with ample storage and future possibilities, a rear parking pad, and the ability for in-unit laundry in both apartments. Major capital improvements have already been completed, including a roof replacement in 2020. Tenants pay their own heat, gas, and electric, helping keep operating expenses low. Whether you’re looking to house hack or expand your investment portfolio, this two-flat is one you won’t want to miss.

  • Listing Courtesy of: Forte Properties, Inc.

Details

Updated on June 28, 2026 at 10:43 am
  • Property ID MRD12685008
  • Price $344,900
  • Bedrooms 8
  • Year Built 1898
  • Property Type Multi Family
  • Property Status Active
  • Parking Total 2
  • Parcel Number 20081210250000
  • Water Source Lake Michigan,Public
  • Sewer Public Sewer
  • MLS Status New
  • Co List Agent MLS ID MRD263919
  • Cumulative Days On Market 3
  • Tax Annual Amount 3834.24
  • Heating Forced Air
  • Parking Features Off Alley,Alley Access,Yes,Owned
  • Directions SOUTH TO 50TH ST, WEST TO LAFLIN, NORHT TO BLD.
  • Address 4947 S Laflin Street
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60609
  • Country United States

Overview

Property ID: MRD12685008
  • Multi Family
  • Property Type
  • 8
  • Bedrooms
  • 1898
  • Year Built

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