7950 South Lafayette Avenue, Chicago, IL, 60620

$380,000

6

Beds

4

Baths

0.08

Acres

About 7950 South Lafayette Avenue

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.

Additional Information: This property is located in the CHI - Chatham neighborhood, IL. This 6 bedrooms two to four units property is priced at $380,000.

Facts & Features

MLS® # 12497699
Price $380,000
Bedrooms 6
Bathrooms 4.00
Taxes $3,165
Acres 0.08
Year Built 1970
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 7950 South Lafayette Avenue
Area CHI - Chatham
City Chicago
County Cook
State IL
Zip Code 60620

Amenities

Parking Spaces 4
Parking Off Alley, On Site, Owned
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Baseboard
Fireplace No
Has Basement Yes
Basement Unfinished, Full

Exterior

Exterior Brick

School Information

District 299

Additional Information

Days on Market 16
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $3,165

Listing Details

OfficeBlue Door Dave Inc
Contact Info312-344-1487

Listing Map

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