4947 South Laflin, Chicago IL 60609
- Units 2
- Total Beds 8
- Total Baths 4
- Taxes $3,834.24
- Payment Estimate View Mortgage Calculator
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Property Description
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.
Features & Information
Key Details
- List Price $344,900
- Property Taxes $3,834.24
- Price/ Sq. Ft. Unavailable
- Year Built 1898
- Parking Type Space/s
- Status New
Rooms
- Total Rooms 12
- Basement F
Exterior Features
-
Parking
- Parking Details Space/s
- # of Cars: 2
Building Information
- Number of Units 2
- Age of Building 100+ Years
- Exterior Construction Vinyl Siding,Frame
- Foundation Concrete
- Heating & Cooling Forced Air
-
Units
- Unit 1 Stove, Refrigerator, Laundry Hook-Up
- Unit 2 Stove, Refrigerator, Washer, Dryer, Laundry Hook-Up
Location
- County Cook
- Township Hyde Park
- Corporate Limits Chicago
- Directions to Property South To 50th St, West To Laflin, Norht To Bld.
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 3834.24
- Tax Year 2024
- Tax Exemptions None
- Parcel Identification Number 20081210250000
Utilities
- Sewer Sewer-Publ
Listed by: Forte Properties, Inc. | Phone: 708.315.7310
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 6/28/2026 12:02 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.
Explore Back of the Yards
The Back-of-the-Yards neighborhood is one of the original communities of the American Industrial Revolution. This was the site of radical social change that moved the country forward with progress in labor relations and how society views laborers. The slaughterhouses and harsh working conditions attracted both reformers and authors who acted as advocates for the everyman. Now the neighborhood is an intriguing place to explore, with a plethora of parks and a strong, diversified community that is expanding on its industrial base. Classic Chicago bungalows are joined by other single-family homes and some condominium conversions to give homeowners a wide range of real estate to choose from. Specialty grocery stores and an international selection of restaurants round out the backdrop of Chicago's Back-of-the-Yards neighborhood.
Mortgage Calculator
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