Chicago Multiunit Rehab Opportunity

10540 S Lafayette Avenue, Chicago, IL 60628

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For Sale

$55,000

MULTI_FAMILY - Chicago, IL

HighLights

Multiunit building on a double lot, sold as‑is and needs TLC
Year built 1906 with vinyl siding construction
Radiant heating system
Public sewer connection
Rooms include a basement plus 5 bedrooms and 2 bathrooms

We can help!

Contact an agent

Keith Martin

For Sale

$55,000

MULTI_FAMILY - Chicago, IL

Added:: Sep 22, 2025
Days on Market:: 286
Last Refresh:: Jul 4 at 6:06 am

Property Features for 10540 S Lafayette Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 5
Bathrooms: 2
Rooms: Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Basement
Basement: Exterior Entry, Full
Standard status: Active
APN: 25162150410000

Taxes and HOA fees

Tax Year: 2023
Tax Annual Amount: 952

Utilities

Sewer type: Public Sewer
Heating system: Radiant

Building Details

Year built: 1906
Building materials: Vinyl Siding

We can help!

Contact an agent

Keith Martin

Listing agent Keith Martin License #475147275

Listing office Kale Realty 3323 W. Diversey Ave., Chicago, IL

Listing date Sep 22, 2025

MLS# 12477515 Listing URL

HighLights

Multiunit building on a double lot, sold as‑is and needs TLC
Year built 1906 with vinyl siding construction
Radiant heating system
Public sewer connection
Rooms include a basement plus 5 bedrooms and 2 bathrooms

Overview

This multiunit building in Chicago, Illinois, situated on a double lot, presents a rehab opportunity. The property, offered as-is, is suitable for rental income or a quick flip. The tax proration is 100%. Conveniently located with easy access to the expressway and public transportation.

Property Profile Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Location Insight

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Local Demand

City: Chicago
County: Cook
State: Illinois
Longitude: -87.624917
Latitude: 41.702313

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For sale
Multifamily properties
IL
Chicago
60628
10540 S Lafayette Avenue

What type of property is this?

Multifamily property - Multiunit building on a double lot, perfect for rental income.

Where is this multifamily property located?

The property is located at 10540 S Lafayette Avenue Chicago, IL.

What is the asking price?

The asking price for this property is $55,000.

What are key features of this property?

This property features: Multiunit building on a double lot, sold as‑is and needs TLC; Year built 1906 with vinyl siding construction; Radiant heating system

10540 S Lafayette Avenue, Chicago, IL 60628

MULTI_FAMILY - Chicago, IL

Property Features for 10540 S Lafayette Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Renovated Chicago Industrial Flex Warehouse

Turnkey Restaurant Venue with PPA License

Turnkey Restaurant Venue with PPA License

Turnkey Restaurant Venue with Licenses

Turnkey Restaurant Opportunity in Chicago

Prime Retail Space in Chicago

Chicago Office Building with Parking

Convenience Store Retail Building with Parking

Chicago Commercial Buildings For Sale

Fulton River District Commercial Loft

Wicker Park Corner Retail Building

Corner Retail Suite in New Elevator Building

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