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7552 S Lafayette Ave Chicago, IL 60620

Under Contract
For Sale
$590,000

Commercial Sale - Chicago, IL

Days on Market:
94
Last Refresh:
Dec 10 at 10:06 am

Property Features for 7552 S Lafayette Ave

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active Under Contract
APN
20284050400000

Building Details

Year built
1927
Number of units
10
Architectural style
Other

Hunter's Realty, Inc. (708) 628-2900 [email protected]

Listing agent Kaela Clay (708) 628-2900 License #475190154

Listing date Sep 8, 2025

MLS# 12064703 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 Apartment Building For Sale

This ten-unit, walk-up apartment building is located in the Park Manor neighborhood of Chicago. The property features a unit mix of eight 1-bedroom, 1-bathroom units and two studio apartments, each with 1 bathroom. All units are equipped with hardwood flooring and individual heat and gas. The property is situated less than one block from the I-94 Express, providing convenient transportation access for tenants. The property is being sold As-Is and has a 9.9% cap rate with an annual gross income of $98,928.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.626347
Latitude
41.756898

FAQs

What type of property is this?
Apartment building - Ten-unit apartment building in Chicago's Park Manor neighborhood.
Where is this apartment building located?
The property is located at 7552 S Lafayette Ave Chicago, IL.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: - 9.9% Cap Rate; - Generate $98,928 Annual Gross Income; - Ten (10) unit apartment building
More about this property
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