Renovated Two-Unit Residential
For Sale
$344,900
Pending
4947 South Laflin Street, Chicago, IL 60609
Two-unit building features four-bedroom layouts with in-unit laundry, a full basement, and a rear parking pad.
Property Size3,000 SF
Days on Market76
Property Features for 4947 South Laflin Street
General Information
Standard status
Pending
Size
3,000 SF
Total Parking Spaces
2
Property subtype
Two to Four Units / 2 Flat
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,834
Building Details
Year Built
1898
Year Renovated
2023
Tenancy
Multi
Listing Agency:
Forte Properties, Inc.
Listed By:
John Warren · License #471020680
(708) 315-7310
Source:
Compass
Added: Jun 22
Changed: Aug 8
Last Checked: Jul 24 at 12:15PM
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 Forte Properties, Inc.
Investment Insights
Based on property information with market context.
This two-unit residential income property offers two oversized units, each with four bedrooms and two full bathrooms. The first-floor unit has been renovated and is currently vacant. The second-floor unit was renovated in 2023 and is tenant occupied, providing immediate rental income. The building includes a full basement that offers additional storage and future possibilities, along with a rear parking pad.
The property allows tenants to manage their own heat, gas, and electric. In-unit laundry is available in both apartments, supporting everyday convenience.
Additional noted capital improvements include a roof replacement in 2020.
The property allows tenants to manage their own heat, gas, and electric. In-unit laundry is available in both apartments, supporting everyday convenience.
Additional noted capital improvements include a roof replacement in 2020.
Key Highlights
- Two‑unit building built in 1898, with each unit offering 4 bedrooms and 2 full bathrooms.
- First‑floor unit is newly renovated, is vacant, and offers potential for owner‑occupancy or renting.
- Second‑floor unit renovated in 2023 and tenant occupied, providing built‑in rental income.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,067
Businesses Nearby
Explore this area
Business Placement
Demographics for 60609, IL
65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit building features four-bedroom layouts with in-unit laundry, a full basement, and a rear parking pad.
Where is this duplex located?
The property is located at 4947 South Laflin Street Chicago, IL.
What is the asking price?
The asking price for this property is $344,900.
What are key features of this property?
This property features: Two‑unit building built in 1898, with each unit offering 4 bedrooms and 2 full bathrooms.; First‑floor unit is newly renovated, is vacant, and offers potential for owner‑occupancy or renting.; Second‑floor unit renovated in 2023 and tenant occupied, providing built‑in rental income.
