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Updated Brick Triplex
For Sale
$440,000

9040 S Laflin Street, Chicago, IL 60620

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market14

Property Features for 9040 S Laflin Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 6, Bedroom 1, Bathroom 2, Bathroom 3, Basement, Bedroom 2
Parking 2
Parking features Garage
Fencing Fenced
Basement Full, Unfinished
Elementary school district 299
Middle school district 299
High school district 299
Directions South Ashland Avenue to 91st St, east on 91st St to Laflin St, North to property.
Subdivision CHI - Washington Heights
Standard status Active
APN 25051250220000

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6246

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Amenities

stove
refrigerator
microwave
dishwasher

Building Details

Year built 1925
Building materials Brick
Roof type Rubber, Flat
Listing Agency: HomeSmart Connect LLC · HomeSmart International
Listed By: Darian Nolan
Added: Oct 5 Changed: Oct 17 Last Checked: Oct 18 at 3:06PM
MLS# 12777755

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1925 brick triplex contains three residences, each with two bedrooms, a bonus room, and formal living and dining rooms. Each unit has independent utilities and includes a stove, refrigerator, microwave, and dishwasher. Updates were completed in 2020, and the flat rubber roof was replaced in 2017.

The building is fully occupied, with one month-to-month tenancy and two leases set to expire within four months. A garage and fenced grounds are also part of the property.

Key Highlights

  • Three‑unit brick building, constructed in 1925
  • Each residence has two bedrooms, a bonus room, and formal living and dining rooms
  • Independent utilities and stove, refrigerator, microwave, and dishwasher in each unit

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Building Supply (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

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

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

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 - Three separately metered residences include appliances, formal dining rooms, and bonus rooms.
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; Each residence has two bedrooms, a bonus room, and formal living and dining rooms; Independent utilities and stove, refrigerator, microwave, and dishwasher in each unit
More about this property
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