8156 South Laflin StreetChicago, IL 60620Price: $1,024,000

  • Price: $1,024,000
  • 54 Days on Market
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Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.21Acreage
  • 1928Year Built

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Located in Chicago, Illinois, he offering consists of 18 one-bedroom/one-bath apartments. The spacious units feature hardwood flooring throughout as well as vintage kitchens and bathrooms, calling for a strong value-add opportunity to update units and raise rents to market value. This property has ample off-street parking. The subject property is located across the street from Cook Elementary School, one block north of beautiful Foster Park, and just three blocks from a main retail corridor, Ashland Avenue. This is a strong value-add opportunity for significant rent growth as well as the potential for six of the eighteen one beds to be converted to two beds.

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Listed by Stephen Rachman of Marcus & Millichap Chicago Apartment Brokers

Based on information submitted to MRED  as of August 11, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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