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    5042 S Laflin St Chicago, IL 60609

    For Sale
    $165,000

    Residential Income - Chicago, IL

    Lot size:
    0.06 Acres
    Days on Market:
    50
    Last Refresh:
    Dec 9 at 4:06 am

    Property Features for 5042 S Laflin St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    APN
    20081250360000
    Exterior features
    Level
    Lot size
    0.06 Acres

    Building Details

    Year built
    1888
    Roof type
    Asphalt
    Architectural style
    Other

    Real Broker LLC (630) 439-6385 [email protected]

    Listing agent Rafay Qamar (217) 960-8605 License #475158420

    Listing date Oct 21, 2025

    MLS# 12484075 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Two-Unit Residential Income Property

    Located in the New City area of Chicago, this two-unit residential property presents an investment opportunity suitable for both owner-occupants and investors. Each unit features two bedrooms and one full bathroom, providing comfortable living spaces with natural light and functional layouts. The property, situated on a 0.06-acre lot, is zoned for multi-family use. This building is a viable option for those looking to occupy one unit while renting out the other, or for investors seeking to expand their rental portfolio.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6627247
    Latitude
    41.8019322

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    FAQs

    What type of property is this?
    Duplex - Two-unit residential income property in Chicago's New City neighborhood.
    Where is this duplex located?
    The property is located at 5042 S Laflin St Chicago, IL.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: - Excellent investment opportunity in New City, Chicago.; - Classic 2-flat building suitable for owner-occupants or investors.; - Each unit features 2 bedrooms and 1 bathroom.
    (217) 960-8605
    Request Owner's contact information
    5042 S Laflin St Chicago, IL 60609
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    Chicago, IL 60609
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5042 S Laflin St Chicago, IL 60609
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