7945 Laflin Street, Auburn Gresham, Chicago, Illinois 60620
$45,009
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 5 |
| Baths: | 0 |
| Year Built: | 1916 |
| Property Taxes: | $3,071 |
| Days On Market: | 3136 |
| Lot Size: | 0,00 |
Description
Buy and hold or fix and flip investors you can thank me later for this one! Check out this brick 2 unit in Chicago's Auburn Gresham neighborhood for only $60,000! This 2 flat needs significant renovations but it's not a complete gut job; completely renovated sold comparable brick 2 flats within a 1 mile radius sold for an average of $243,000! After renovated the 3 bed, 1 bath unit can rent for $1,200 per month and the 2 bed, 1 bath unit can rent for $1,000 per month. Finish the basement to create a garden unit - add 2 beds and 1 bath to achieve an additional $800 in rental income. Current tenants have month-to-month leases! Tenants pay all their own electric and gas! 2 car garage! Purchase, fix and rent out to enjoy $3,000 in monthly rental revenue! Purchase, fix and flip to enjoy approximately $80,000 to $100,000 in potential profits! Please be patient with showing request as the building is currently tenants occupied! Please move swiftly, this one won't last long!
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1916 | |
| Full | |
| Brick | |
| — | |
| — | |
| No | |
| — |
| Cook | |
| — | |
| — / — | |
| — | |
| Lake Michigan | |
| Public Sewer | |
| — | |
| Natural Gas, Forced Air | |
| 09908687 | |
| 20321020160000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 14 May, 2018 | Sold | $45,009 | MRED MLS |
| 10 Apr, 2018 | Under contract | $60,000 | MRED MLS |
| 6 Apr, 2018 | Listed for sale | $60,000 | MRED MLS |
| 8 Jul, 2019 | Under contract | $0 | MRED MLS |
| 8 Mar, 2019 | Listed for sale | $0 | MRED MLS |
| 13 Jan, 2023 | Sold | $180,000 | MRED MLS |
| 18 Nov, 2022 | Under contract | $195,000 | MRED MLS |
| 6 Nov, 2022 | Listed for sale | $195,000 | MRED MLS |
Room Specifics
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Other Specifics
| 2 | |
| — | |
| Garage | |
| — | |
| — | |
| — | |
| — | |
| — | |
| 25X125 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2018 | $3,071 |
| 2023 | $2,814 |
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Listing Provided By
Keller Williams Premiere Properties
