6328 South Laflin Street

6328 South Laflin Street

Chicago, IL 60636

$245,000
Price
6
Beds
2
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
a front view of a house
a view of front door
a view of an empty room with wooden floor and a window
a view of an empty room with wooden floor and a window
an empty room with wooden floor fan and windows
a bathroom with a sink a toilet and mirror
a bathroom with a toilet and a bath tub
an empty room with wooden floor and windows
a view of a room with wooden floor
an empty room with wooden floor and windows
a view of a livingroom with wooden floor
a kitchen with stainless steel appliances granite countertop a sink stove and cabinets
a view of an empty room with wooden floor and a window
a bathroom with a toilet sink and bathtub
a kitchen with stainless steel appliances granite countertop a stove a sink and a refrigerator
a view of an empty room
an empty room with wooden floor and windows
a view of an empty room with wooden floor and a window
a view of a balcony with wooden floor and fence
a view of front door
a view of entryway
a view of wooden deck

Description

INVESTORS SPECIAL/203K Special: This property presents a compelling opportunity for the discerning investor or savvy buyer looking to make their mark. Situated in a desirable location with promising potential, the owner's eagerness to sell, coupled with the "SOLD AS IS" condition, opens the door for creative visionaries to transform this space into something extraordinary. Although the property may not comply with FHA, Conventional, or VA requirements right now, that in no way should be a dampener...INVESTORS SPECIAL/203K Special: This property presents a compelling opportunity for the discerning investor or savvy buyer looking to make their mark. Situated in a desirable location with promising potential, the owner's eagerness to sell, coupled with the "SOLD AS IS" condition, opens the door for creative visionaries to transform this space into something extraordinary. Although the property may not comply with FHA, Conventional, or VA requirements right now, that in no way should be a dampener for the far-sighted man. In fact, it is under such a state of affairs that the opportunity may easily appeal to one looking for investment avenues, such as through the 203K loan program, or to individuals capable of taking up renovation projects to unlock the property's real value. At the core of this property is a rough diamond. With comparable sales in the area coming in at an after-repair value of $400,000, there is room for value appreciation upon strategic renovations and upgrades. The possibilities are endless-be it turning it into your own family home or realizing maximum income potential with this investment property. By finishing the basement, the property could hold another 2 to 3 more rooms on the first floor, thereby making it an excellent 6-bedroom, 2-bathroom apartment. This allows for a duplex setup, truly making it nice and feasible both for home and investment. The rent rate also gives credence to the business model of this area, containing an overall rent rate of $1,300 to $1,600 for a 3-bedroom, 1-bathroom apartment. In so doing, this provides a more than stable platform in being able to accrue consistent rental income for the property's potential investment returns. In short, yes, some initial work and investment will need to be done on the property, but all of the preliminary stuff is in place now for a successful adventure. With a little vision, resources, and expertise, this piece of property can become something greater than a home to you; it can become a lucrative investment opportunity. Just a blank canvas ready for your innovative touch to make it the next masterpiece.
  1. Listed by Sherri Washington • TADD Realty

Property Details for 6328 South Laflin Street

Area
CHI - West Englewood
Township
Hyde Park
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Heat/Fuel
Natural Gas

Location

Listing Courtesy of TADD Realty
Add your commute
LISTING UPDATED: 05/17/2024 12:06 AM

Property Details for 6328 South Laflin Street

StatusActive
MLS #12052517
Days on Market35
Taxes$704 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1895
Lot Size0.09 AC / 3,875 SF
CountyCook County

Location

Listing Courtesy of TADD Realty
Add your commute

Building Information for 6328 South Laflin Street

Stories-Residences2Year Built1895Building Size-Lot Size0.09 AC / 3,875 SF

Payment Calculator

$1,396 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,337

Property Taxes

$59

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6328 South Laflin Street

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage On Site: true
  • Garage Type: Detached
  • Parking: Garage
Property Information
Interior Features
  • Num Of Rooms: 15
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 6
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2023
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 31X125
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Flat
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 6300
  • East Coordinate: 0
  • West Coordinate: 1500
  • 3 Br Un In Bldg: Yes
  • Conversion: N
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 27
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 0
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 0

Property History for 6328 South Laflin Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6328 South Laflin Street

Taxable ValueLand$1,550Additions$1,950Total$3,500
Tax Record2022$720 ($60 / month)
Home Facts
Baths2Total Finished SqFt2,256 SqFtAbove Grade Finished SqFt2,256 SqFtStories2Lot Size3,100 SqFtStyleMulti-Family Res (5+ Units)Year Built1898CountyCOOKAPN20-20-101-032

Schools near 6328 South Laflin Street

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Bass Elementary School
Public - PK to 8
Lindblom Math & Science Academy High School
Public - 7 to 12
Providence-Englewood Elementary Charter School
Charter - K to 8
Davis M Magnet Elementary School
Public - PK to 8
Rating
School
Distance
Bass Elementary School
PublicPK to 8

Lindblom Math & Science Academy High School
Public7 to 12

Providence-Englewood Elementary Charter School
CharterK to 8

Davis M Magnet Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 6328 South Laflin Street, Chicago, IL 60636

6328 South Laflin Street is a multi-family home for sale in Chicago, IL 60636. This property was listed for sale on May 10, 2024 by TADD Realty, it's currently listed at $245,000. This listing's school district is City Of Chicago School District 299. Nearby schools include Bass Elementary School, Lindblom Math & Science Academy High School and Providence-Englewood Elementary Charter School. 6328 South Laflin Street is a 6-bed, 2-bath, multi-family home built in 1895.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of TADD Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 05/17/2024 12:06 AM. 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.