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