7945 S Laflin St., Chicago, IL 60620

7945 S Laflin St., Chicago, IL 60620
Photo 1 of 1
$45,009
Sold on 5/14/18
Beds Baths Sq. Ft. Taxes Built
5 0.00 0 $3,071.42 1916
On the market: 38 days
View full details, 15 photos, school info, and price history
Buy and hold or fix and flip investors you can thank me later for this one! Check out this brick 2 unit in Chicago's Auburn Gresham neighborhood for only $60,000! This 2 flat needs significant renovations but it's not a complete gut job; completely renovated sold comparable brick 2 flats within a 1 mile radius sold for an average of $243,000! After renovated the 3 bed, 1 bath unit can rent for $1,200 per month and the 2 bed, 1 bath unit can rent for $1,000 per month. Finish the basement to create a garden unit - add 2 beds and 1 bath to achieve an additional $800 in rental income. Current tenants have month-to-month leases! Tenants pay all their own electric and gas! 2 car garage! Purchase, fix and rent out to enjoy $3,000 in monthly rental revenue! Purchase, fix and flip to enjoy approximately $80,000 to $100,000 in potential profits! Please be patient with showing request as the building is currently tenants occupied! Please move swiftly, this one won't last long!
Listing courtesy of Michael Applegate, Keller Williams Premiere Properties