5042 S Laflin Street Chicago, IL ^$ 165,000

5042 S Laflin Street

^$ 165,000

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5042 S Laflin Street

Chicago, IL, 60609

^$ 165,000

Bedrooms4 Baths2.0

Monthly Estimate*

^$ 1,029

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Multi-Family Home for sale in Chicago, IL

for $165,000 with 4 bedrooms and 2 full baths. This home was built in 1888 on a lot size of 0.06.

Discover an incredible investment opportunity in the heart of New City, Chicago with this classic 2-flat, perfect for both owner-occupants and savvy investors. Each spacious unit features 2 generously sized bedrooms and 1 full bathroom, offering comfortable living with great natural light and functional layouts. Whether you're looking to live in one unit and rent out the other, or add a solid performer to your rental portfolio, this building is a smart choice. Don't miss out on this rare multi-unit opportunity!

Multi-Family Active

Price

^$ 165,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 742

Style

Lot Size

0.06

Year Built

1888

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12484075

Features

General

Sewer Public Sewer

Heating Other

Possession Closing

Roof Asphalt

Zoning MULTI

Architectural Style Other

Construction Materials Vinyl Siding

Year Built 1888

Township Lake

Tax Year 2023

Ownership Fee Simple

Community Features Curbs Sidewalks Street Lights Street Paved

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Total Rooms 10

Status Active

Directions Turn off Ashland Ave onto W 51st st turn onto S Laflin St home is on left

City Chicago

High School District 299

MLS Area CHI - New City

Tax Annual Amount 742

Additional Parcels Y/N N

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Unfinished Full

Total Bedrooms 4

Total Baths 2

Bedrooms Possible 4

Full Baths Building 2

Half Baths Building 0

Total Number of Units 2

Exterior

Lot Features Level

Water Source Public

Total Parking 0

Lot Dimensions 24x124

Lot Size Acres 0.06

Waterfront Y/N N

* Excluded Features

List By

Real Broker Llc

Broker

rafay@qamargroup.com

Affordability Calculator

$1,091

Per Month

Monthly Principal & Interest: $1,029
Monthly Property Taxes: $62
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$618,531

Percent of Sale Price 275%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/21/2025	$165,000	-5.71%	Price Down
10/7/2025	$175,000		Listed Price

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5042 S Laflin Street, Chicago, IL, 60609 is a Multi-Family Home for sale at $165,000 with a lot size of 0.06. 5042 S Laflin Street has 4 bedrooms, 2.0 baths, and was built in 1888. The property's zip code is 60609 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/12/2025.

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5042 S Laflin Street

Multi-Family Home for sale in Chicago, IL

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