Three-Building Apartment
For Sale
Contact for pricing
Pending
7800-7822 S Laflin, Chicago, IL 60620
Chicago portfolio of renovated walk-up and courtyard buildings with varied apartment layouts and recently added laundry facilities.
Property SizeContact for details
Days on Market143
Property Features for 7800-7822 S Laflin
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Cap Rate
10%
Public Transit
Yes
Multifamily Units
100
Amenities
laundry facilities
Building Details
Buildings
3
Listing Agency:
Kiser Group
(773) 293-5032
Listed By:
Aaron Sklar · License #IL 475161507
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 30 at 10:52PM
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 Kiser Group
Investment Insights
Based on property information with market context.
The Laflin portfolio comprises three apartment buildings with 100 residential units on the 7800-7822 S. Laflin block in Chicago. The properties include corner walk-up and courtyard buildings, with a unit mix of studios, one-bedroom apartments, and two-bedroom apartments. Laundry facilities have been added to each building, while approximately 65% of the apartments feature updated kitchens and bathrooms with stainless steel appliances and granite countertops.
Capital improvements include double-pane aluminum windows, porches, steam boilers, hot water tanks, roofs, and tuckpointing. The properties are within blocks of Ashland and 79th Street, where restaurants, shopping, banking, and public transportation are located. The portfolio is reported at a 10% cap rate, and renovated units are earning roughly 50% higher rents than non-rehabbed units.
Capital improvements include double-pane aluminum windows, porches, steam boilers, hot water tanks, roofs, and tuckpointing. The properties are within blocks of Ashland and 79th Street, where restaurants, shopping, banking, and public transportation are located. The portfolio is reported at a 10% cap rate, and renovated units are earning roughly 50% higher rents than non-rehabbed units.
Key Highlights
- Three apartment buildings totaling 100 residential units
- Studios, one‑bedroom, and two‑bedroom apartments across the portfolio
- Approximately 65% of units updated with kitchens, baths, stainless steel appliances, and granite countertops
Property Analytics
Current Use
Lease Details
100
Residential units
Location Intelligence
Trade Area within ½ mile
932
Businesses Nearby
Explore this area
Business Placement
Demographics for 60620, IL
66,514
Population
30,008
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
7.0 sq mi
ZIP Area
9,502
Density / Sq Mi
$48,805
Median Household Income
$36,285
Median Earnings
$1,093
Median Rent
$187,900
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?
Apartment building - Chicago portfolio of renovated walk-up and courtyard buildings with varied apartment layouts and recently added laundry facilities.
Where is this apartment building located?
The property is located at 7800-7822 S Laflin Chicago, IL.
What are key features of this property?
This property features: Three apartment buildings totaling 100 residential units; Studios, one‑bedroom, and two‑bedroom apartments across the portfolio; Approximately 65% of units updated with kitchens, baths, stainless steel appliances, and granite countertops
