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Brick Triplex
For Sale
$440,000

9040 S Laflin Street, Chicago, IL 60620

Each residence has two bedrooms, a bonus room, and formal living and dining spaces.

Property SizeContact for details
Days on Market22

Property Features for 9040 S Laflin Street

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income
Occupancy 100%

Site & Location

Neighborhood Brainerd

Units

Unit Mix 3 x 2BR
Multifamily Units 3

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $6,246

Building Details

Year Built 1925
Buildings 1
Construction brick
Tenancy Multi
Listing Agency: HomeSmart Connect LLC
Listed By: Darian Nolan
Source: Freedomrealtyil
Added: Oct 5 Changed: Oct 25 Last Checked: Oct 26 at 3:57AM

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 HomeSmart Connect LLC

Rey
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Investment Insights

Based on property information with market context.

Built in 1925, this three-unit brick property was updated in 2020. Each residence contains two bedrooms, a bonus room, and formal living and dining areas. Kitchens are equipped with a stove, refrigerator, microwave, and dishwasher.

All three units are occupied. One tenancy is month-to-month, while the other two leases are scheduled to end within four months. The roof was replaced in 2017.

Key Highlights

  • Three‑unit brick building, constructed in 1925
  • Updated in 2020; roof replaced in 2017
  • Each unit has 2 bedrooms, a bonus room, and formal living and dining rooms

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

941
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Triplex - Each residence has two bedrooms, a bonus room, and formal living and dining spaces.
Where is this triplex located?
The property is located at 9040 S Laflin Street Chicago, IL.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Three‑unit brick building, constructed in 1925; Updated in 2020; roof replaced in 2017; Each unit has 2 bedrooms, a bonus room, and formal living and dining rooms
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