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Multiunit Building on Double Lot
For Sale
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10540 S Lafayette Avenue, Chicago, IL 60628

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

Property SizeContact for details
Days on Market343

Property Features for 10540 S Lafayette Avenue

General Information

Standard status Active
Property subtype Multifamily

Site & Location

Neighborhood Fernwood

Building Details

Year Built 1906
Listing Agency: Kale Realty
Listed By: Keith Martin · License #IL
Source: Crexi
Added: Nov 23, 2025 Changed: Oct 26 Last Checked: Nov 1 at 5:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kale Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This multiunit building, situated on a double lot, presents a rehabber's opportunity. The property, offered as-is, requires TLC and is suitable for rental income or a quick flip. Tax proration is set at 100%. The location provides convenient access to the expressway and is near public transportation.

Key Highlights

  • Multiunit building on a double lot, perfect for rental income or a quick flip.
  • Easy access to the expressway.
  • Steps to public transportation.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

583
Businesses Nearby

Demographics for 60628, IL

62,832
Population
28,736
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
87%
High-School Grad
11.0 sq mi
ZIP Area
5,712
Density / Sq Mi
$49,719
Median Household Income
$35,974
Median Earnings
$1,168
Median Rent
$158,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

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, perfect for rental income or a quick flip.; Easy access to the expressway.; Steps to public transportation.
(312) 939-5253 · Office Call to check price and availability
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