4947 S Laflin Street Chicago, IL $ 344,900
4947 S Laflin Street
$ 344,900
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4947 S Laflin Street

Chicago, IL, 60609
$ 344,900
Bedrooms8 Baths4.0 Sq 3,000

Monthly Estimate*

$ 2,178

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Multi-Family Home for sale in Chicago, IL

for $344,900 with 8 bedrooms and 4 full baths. This 3,000 square foot home was built in 1898.

Exceptional opportunity to own a spacious two-unit building offering both immediate income and owner-occupant potential. Each oversized unit features 4 bedrooms and 2 full bathrooms, providing living space that is rarely found in multifamily properties. The first floor unit has just been beautifully renovated and is vacant, making it ideal for an owner-occupant or for leasing at current market rents. The second floor unit was renovated in 2023 and is tenant occupied, providing built-in rental income from day one. Additional features include a full basement with ample storage and future possibilities, a rear parking pad, and the ability for in-unit laundry in both apartments. Major capital improvements have already been completed, including a roof replacement in 2020. Tenants pay their own heat, gas, and electric, helping keep operating expenses low. Whether you're looking to house hack or expand your investment portfolio, this two-flat is one you won't want to miss.

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Multi-Family Contingent

Price

$ 344,900

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 3,834

Style

Year Built

1898

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12685008

Features
General
Sewer Public Sewer
Heating Forced Air
Possession Closing
Roof Asphalt
Construction Materials Vinyl Siding Frame
Year Built 1898
Township Hyde Park
Tax Year 2024
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 12
Status Contingent
Directions SOUTH TO 50TH ST WEST TO LAFLIN NORHT TO BLD.
City Chicago
High School District 299
MLS Area CHI - New City
Tax Annual Amount 3834.24
Additional Parcels Y/N N
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Exterior Entry Full
Total Bedrooms 8
Total Baths 4
Bedrooms Possible 8
Full Baths Building 4
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Off Alley Alley Access Yes Owned
Water Source Lake Michigan Public
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 25 X 124
Lot Size Acres 0
Waterfront Y/N N
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* Excluded Features
List By
Forte Properties, Inc.

Broker

fortesaleschicago@gmail.com

Email

Affordability Calculator

$2,497
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,178
Monthly Property Taxes
$320
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/23/2026$344,900 Listed Price

Map


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4947 S Laflin Street, Chicago, IL, 60609 is a Multi-Family Home for sale at $344,900 with 3,000 sqft. 4947 S Laflin Street has 8 bedrooms, 4.0 baths, and was built in 1898. The property's zip code is 60609 which is in Chicago, IL