4947 S Laflin Street, Chicago, IL 60609

Chicago
Local realty services provided by:Better Homes and Gardens Real Estate Connections
4947 S Laflin Street,Chicago, IL 60609
$349,500
  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: john warren, sharon knickerbocker
Office: forte properties, inc.
MLS#:12685008
Source:MLSNI

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Price summary

  • Price:$349,500

About this home

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.

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Home facts

  • Year built:1898
  • Listing ID #:12685008
  • Updated:August 23, 2026 at 07:50 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:12
  • Basement Description:Full, Unfinished

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt
  • Year built:1898
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Lake Michigan, Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$349,500
  • Tax amount:$3,834 (2024)

Parking

  • Total parking spaces:2
  • Parking description:Off Alley
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