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About This Home
This 18-bedroom, 0-bathroom residential multi family at 8156 S Laflin Street in Chicago, IL is listed for $999,000. Built in 1928, on a 0.21 acres lot.
This solid brick 18-unit multifamily building presents an exceptional value-add opportunity. Currently, the building is fully occupied. 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.
Key Features
- Built in 1928
- 0.21 acre lot
- 3 stories
Property Details
Monthly Cost Estimate
$5,343/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
8156 S Laflin Street
Chicago, IL 60620
Property Details
Construction
Questions & Answers
This 18-bedroom, 0-bathroom residential multi family at 8156 S Laflin Street is listed at $999,000. The estimated monthly payment is $4,329 based on 20% down at 6.5% interest.
Key features include: Built in 1928, 0.21 acre lot, 3 stories.
This property is listed by Kuwana Norman and can be reached at (312) 715-7767 or kuwana@purveyproperties.com.
