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Multifamily Gut Renovation Property
For Sale
$60,000

11705 S Lafayette Ave, Chicago, IL 60628

Full gut renovation project offered in as-is, where-is condition.

Property SizeContact for details
Days on Market149

Property Features for 11705 S Lafayette Ave

General Information

Standard status Active
Property subtype Residential Income

Property Condition

Severity Major Repairs Needed
Evidence full gut renovation project

Taxes and HOA fees

Annual Taxes $1,074
Listing Agency: Gee Exclusive Realty Group
Listed By: Anita Gee
Source: Exprealty
Added: Apr 8 Changed: Sep 2 Last Checked: Sep 2 at 12:51AM

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 Gee Exclusive Realty Group

Investment Insights

Based on property information with market context.

This multifamily property at 11705 S. Lafayette Avenue requires a complete gut rehabilitation and is being offered in its current condition. The sale is as-is, where-is, with no seller repairs or credits provided.

Located in Chicago’s West Pullman community, the property may support renovation or redevelopment plans, subject to buyer verification. Buyers should independently confirm room counts, dimensions, zoning, and overall feasibility before proceeding.

Key Highlights

  • Complete gut rehabilitation required
  • Sale is as‑is, where‑is
  • No seller repairs or credits provided

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Plumbing Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

613
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Full gut renovation project offered in as-is, where-is condition.
Where is this multifamily property located?
The property is located at 11705 S Lafayette Ave Chicago, IL.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Complete gut rehabilitation required; Sale is as‑is, where‑is; No seller repairs or credits provided
More about this property
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