Seller's Agent in 2025
Thomas LeNoir
Baird Warner
(773) 454-4981
1 in this area
24 Total Sales
9436 S Laflin St Chicago, IL 60620
Brainerd Neighborhood
--
Bed
--
Bath
--
Sq Ft
6,098
Sq Ft Lot
About This Home
As of January 2025This income-producing property in Washington Heights is a dream come true for investors seeking a stable and profitable addition to their portfolio! This beautifully maintained 6-unit building boasts spacious 2-bedroom, 1-bathroom apartments, each featuring a formal dining room and an enclosed back porch. Enjoy peace of mind with a recently updated Rubberized Aluminum coated roof (under 10 years old!) and completely updated electrical systems throughout the building. Five out of six units are currently occupied by reliable tenants who have called this building home for over 4 years. The current rents are well below market value. A detached 4-car garage provides additional income potential or extra storage space for your tenants. Additionally, the common space is well-maintained and inviting, creating a positive first impression for potential renters. Check it out today.
Last Agent to Sell the Property
Baird & Warner License #475191819 Listed on: 04/17/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,753
Year Built
- Built in 1922
Lot Details
- 6,250 Sq Ft Lot
- Lot Dimensions are 51x125
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Rubber Roof
Interior Spaces
- 3-Story Property
- Unfinished Basement
Utilities
- No Cooling
- Radiator
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $740
- Fuel Expense $9,995
- Insurance Expense $9,666
- Maintenance Expense $6,260
- Other Expense $425
- Trash Expense $4,214
- Water Sewer Expense $3,108
- Operating Expense $34,930
- Gross Income $59,400
- Net Operating Income $24,470
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/07/2025 01/07/25 | Sold | $407,000 | -10.5% | -- |
| 12/12/2024 12/12/24 | Pending | -- | -- | -- |
| 11/27/2024 11/27/24 | Price Changed | $455,000 | 0.0% | -- |
| 11/27/2024 11/27/24 | For Sale | $455,000 | -13.3% | -- |
| 09/11/2024 09/11/24 | Pending | -- | -- | -- |
| 07/24/2024 07/24/24 | For Sale | $525,000 | 0.0% | -- |
| 07/10/2024 07/10/24 | Pending | -- | -- | -- |
| 04/17/2024 04/17/24 | For Sale | $525,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,208 | $40,355 | $5,938 | $34,417 |
| 2024 | $5,208 | $40,355 | $5,938 | $34,417 |
| 2023 | $5,080 | $24,624 | $4,688 | $19,936 |
| 2022 | $5,080 | $24,624 | $4,688 | $19,936 |
| 2021 | $5,753 | $28,530 | $4,687 | $23,843 |
| 2020 | $4,733 | $21,194 | $4,687 | $16,507 |
| 2019 | $4,797 | $23,814 | $4,687 | $19,127 |
| 2018 | $4,716 | $23,814 | $4,687 | $19,127 |
| 2017 | $5,700 | $26,422 | $4,062 | $22,360 |
| 2016 | $5,305 | $26,422 | $4,062 | $22,360 |
| 2015 | $4,854 | $26,422 | $4,062 | $22,360 |
| 2014 | $4,155 | $22,339 | $3,750 | $18,589 |
| 2013 | $4,072 | $22,339 | $3,750 | $18,589 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas LeNoir
-
Lauren Callaway
Seller Co-Listing Agent in 2025
Lauren Callaway
Baird Warner
(773) 263-0428
1 in this area
22 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12030677
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Based on information submitted to the MLS GRID
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