Listing provided courtesy of Forte Properties, Inc.MREDas Distributed by MLSGrid- MLS# 12685008
New
Images
Request Info4947 S Laflin StreetChicago, IL 60609
Multi-Family · 8 Beds$344,900
Active
4947 S Laflin Street Overview
- Time on Site:
- 6 days
- Visits:
- 1
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.
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map
4947 S Laflin Street Facts & Features
- Type Multi-Family
Details
General
School Information
- School District: 299
Building Information
- New Construction: No
- Year Built: 1898
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - New City
- Township: Hyde Park
Tax Information
- Tax Annual Amount: $3,834.24
- Tax Year: 2024
General Information
- Ownership: Fee Simple
- Parcel Number: 20081210250000
- Property Type: Residential Income
- Special Listing Conditions: None
Interior
Parking Information
- Half Baths Building: 0
Beds/Baths
- Bathrooms Total: 4
- Bedrooms Total: 8
- Bedrooms Possible: 8
- Full Baths Building: 4
General Information
- Basement: Unfinished, Exterior Entry, Full
- Foundation Details: Concrete Perimeter
- Heating: Forced Air
- Rooms Total: 12
Exterior
Parking Information
- Parking Features: Off Alley, Alley Access, Yes, Owned
- Parking Total: 2
Lot Information
- Additional Parcels: No
- Lot Size Acres: 0
- Lot Size Dimensions: 25 X 124
- Water Source: Lake Michigan, Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Vinyl Siding, Frame
- Roof: Asphalt
General Information
- Sewer: Public Sewer
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 4
- Baths Total: 2
Unit 2 Details
- Unit Type: Unit 2
- Actual Rent: 1600
- Beds Total: 4
- Baths Total: 2
4947 S Laflin Street Neighborhood
Community
60609 (Chicago) Demographics
34
Median Age
7,786
Population Density (per sq. mile)
22%
College Educated
$40,324
Estimated Median Income
8,185
Estimated Total Home Owners
13,782
Estimated Total Renters
37% / 63%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.4947 S Laflin Street Monthly Cost
4947 S Laflin Street Market Data
Based on the last 30 days in this zip code
$297,104
Average List Price
$204
Average Price per Square Foot
15
Properties Sold
81
Average Days on Market
71
Properties for Sale
4947 S Laflin Street History
| Date | Value | Agent |
|---|---|---|
| 6/29/2026Source: MRED | Active |
|
| 6/23/2026Source: MRED | June 23, 2026 |
|
| 6/20/2022Source: MRED | January 27, 2022 |