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7552 S Lafayette Avenue Chicago, IL $ 590,000
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$ 590,000 Get more info
7552 S Lafayette Avenue
$ 590,000
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7552 S Lafayette Avenue

Chicago, IL, 60620
$ 590,000
Bedrooms1 Baths0.0

Monthly Estimate*

$ 3,633

7552 S Lafayette Avenue, Chicago, IL 60620 - Image 1
7552 S Lafayette Avenue, Chicago, IL 60620 - Image 2
7552 S Lafayette Avenue, Chicago, IL 60620 - Image 3
7552 S Lafayette Avenue, Chicago, IL 60620 - Image 4

Multi-Family Home for sale in Chicago, IL

for $590,000 with 1 bedroom. This home was built in 1927.

9.9% Cap Rate. $98,928 Annual Gross Income. Individual Furnaces. Property is a ten (10) unit, walk-up apartment building located in the Park Manor neighborhood of Chicago. The property is located less than one block away from the I-94 Express, which provides tenants a quick and easy access for transportation. With a unit mix, eight 1bd/1ba units and two 0Bd/1Ba studios await your investment plans. All of the units are equipped with hardwood flooring throughout and each contain individual heat and gas. Property is being sold As-Is.

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Multi-Family Contingent

Price

$ 590,000

Bedrooms

1

Property Type

Multi-Family

Taxes

$ 7,801

Style

Year Built

1927

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12064703
Features
General
Cooling None
Year Built 1927
Tenant Pays Electricity
Stories Count 3
Tax Year 2022
Gross Income 98928
County Cook
Net Operating Income 89136
Operating Expense 9792
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
Contingency Attorney/Inspection
MaintenanceExpense 0
Status Contingent
Directions From State and 75th head W on 75th to Lafayette. Turn S on to Lafayette. Property on the SW corner of Lafyette and 76th.
City Chicago
Number Of Units Total 10
MLS Area CHI - Greater Grand Crossing
Tax Annual Amount 7801
Electric Expense 1020
Fuel Expense 2640
Trash Expense 2712
Water Sewer Expense 3420
Additional Parcels Y/N N
Standard Status Active Under Contract
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Exterior
Lot Dimensions 99' X 80'
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* Excluded Features
List By
Hunter's Realty, Inc.

Broker

kaelaclay@hri1.com

Email

Affordability Calculator

$4,283
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,633
Monthly Property Taxes
$650
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/31/2025$590,000 -9.23% Price Down
10/21/2024$650,000 -16.67% Price Down
7/10/2024$780,000 -13.33% Price Down
5/30/2024$900,000 Listed Price

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7552 S Lafayette Avenue, Chicago, IL, 60620 is a Multi-Family Home for sale at $590,000. 7552 S Lafayette Avenue has 1 bedrooms, 0.0 baths, and was built in 1927. The property's zip code is 60620 which is in Chicago, IL

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