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
| Office | Blue Door Dave Inc |
|---|---|
| Contact Info | 312-344-1487 |
Listing Map
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