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$ 250,000
Est. payment /mo
New
12001 S Lafayette AVE Chicago, IL 60628
6 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12782074
Bedrooms 6
Year Built 1923
Annual Tax Amount $952
Tax Year 2023
Lot Dimensions 31.5 X125
Property Sub-Type Two to Four Units
Property Description
UPDATED 2-FLAT IN THE HEART OF ROSELAND - EXCELLENT INVESTMENT OPPORTUNITY! Discover this spacious frame 2-unit building located in Chicago's emerging Roseland community, near the developing Roseland Medical District and the planned CTA Red Line Extension! Perfect for owner-occupants and savvy investors looking to build equity and generate rental income, this property features two generously sized 3-bedroom units and a full basement equipped for laundry. Both units received updates in 2021, with additional property improvements in 2025. Major capital improvements include a new roof (2019), new first-floor forced-air heating unit (2022), rebuilt boiler (2018), second-floor hot water tank (2019), and first-floor hot water tank (2017). The rear porch was completely demolished and rebuilt to code in 2015. Strategically positioned near transportation, healthcare facilities, neighborhood amenities, and the planned CTA Red Line expansion, this property offers an opportunity to invest in an area experiencing ongoing revitalization and infrastructure investment. LIVE IN ONE UNIT AND RENT THE OTHER, OR ADD BOTH UNITS TO YOUR INVESTMENT PORTFOLIO! Whether you're a first-time investor, seasoned landlord, or owner-occupant seeking additional income potential, this Roseland 2-flat deserves your attention. Schedule your private showing today!
Location
State IL
County Cook
Area Chi - West Pullman
Rooms
Basement Unfinished, Exterior Entry, Full
Interior
Heating Natural Gas, Radiator(s)
Equipment Water Heater-Gas
Fireplace N
Exterior
Community Features Park
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Vinyl Siding, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Vinyl Siding
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Pierre Mason of AXEN Realty LLC