7240 South Lafayette, Chicago IL 60621
$114,900

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Property Description

UNLOCK HUGE VALUE WITH THIS EXCITING REHAB OPPORTUNITY IN CHICAGO'S GREATER GRAND CROSSING NEIGHBORHOOD. THIS PROPERTY SITS ON A SPACIOUS 25 X 176 LOT, PRESENTING THE IDEAL CANVAS TO ADD A COACH HOUSE OR ADU. AN OPPORTUNITY THAT WILL ALLOW YOU TO GENERATE RENTAL INCOME AND INSTANTLY BOOST YOUR EQUITY VALUE. THE EXISTING STRUCTURE OFFERS 4 BEDROOMS AND 2 BATHROOMS, AWAITING YOUR VISION TO TRANSFORM IT INTO A MODERN RENTAL PROPERTY OR HOME. MAXIMIZE YOUR RETURNS AND CONTRIBUTE TO YOUR EQUITY GROWTH! CONTACT US TODAY TO LEARN MORE.

Features & Information

Key Details

  • List Price $114,900
  • Property Taxes $672
  • Square Feet 1620
  • Price/ Sq. Ft. $70.93
  • Year Built 1898
  • Parking Type Garage
  • Status New

Rooms

  • Total Rooms 7
  • Basement F
  • Master Bedroom

  • Master Bath N
  • Room Size 10X12
  • Bedroom 2

  • Room Size 12X13
  • Floor Level 2nd Level
  • Bedroom 3

  • Room Size 12X12
  • Floor Level 2nd Level
  • Bedroom 4

  • Room Size 11X11
  • Floor Level Main Level
  • Living Room

  • Room Size 13X11
  • Floor Level Main Level
  • Dining Room

  • Room Size 11X11
  • Floor Level Main Level
  • Kitchen

  • Room Size 13X12
  • Kitchen Type Galley
  • Floor Level Main Level
  • Basement

  • Basement Description Unfinished
  • Bathroom(s) in Basement N

Interior Features

  • Heating & Cooling

  • Heating Type Hot Water/Steam
  • Air Conditioning None

Exterior Features

  • Building Information

  • Age of Building 100+ Years
  • Exterior Construction Aluminum Siding,Brick
  • Parking

  • Parking Garage
  • # of Cars 2

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property 71st Street E/w To Lafayette S To Address
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 672
  • Tax Year 2023
  • Parcel Identification Number 20282140450000
  • Lot Information

  • Dimensions 25X176
  • Acreage 0.102

Utilities

  • Sewer Sewer-Publ

Listed by Robin Saka for Stages Real Estate LLC | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 6/29/2025 2:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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