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7800-7804 S Laflin St
Chicago, IL 60620
Multifamily Property For Sale
·
100 Units
Investment Highlights
- 7800-7822 S Laflin St is a 100-unit portfolio consisting of three (3) contiguous buildings within Chicago’s south side neighborhood of Gresham
- The portfolio also includes secured entry, laundry facilities, attractive assumable debt, and recent capital improvements.
- Capital improvements made to the property include newer roofs, central boilers, plumbing and electric, and an abundance of masonry and tuckpointing.
- The portfolio includes a unit mix of (38) – studios, (46) – 1 bed 1 bath, (15) – 2 bed 1 bath, and (1) – 3 bed 1 bath unit.
- The units are spacious with new flooring throughout along with recently updated bathrooms and kitchens with granite countertops and new appliances
- The assumable debt features a fixed interest rate of 3.6% at approximately 70% LTV.
Property Facts
| No. Units | 100 | Lot Size | 0.28 AC |
| Property Type | Multifamily | Building Size | 35,478 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1922 |
| Building Class | C | ||
| Zoning | RS-3 | ||
| No. Units | 100 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 35,478 SF |
| No. Stories | 4 |
| Year Built | 1922 |
| Zoning | RS-3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 84 | - | 550 |
| 2+1 | 15 | - | 800 |
| 3+1 | 1 | - | 900 |
Property Taxes
| Parcel Number | 20-29-317-016-0000 | Improvements Assessment | $179,240 |
| Land Assessment | $9,760 | Total Assessment | $189,000 |
Property Taxes
Parcel Number
20-29-317-016-0000
Land Assessment
$9,760
Improvements Assessment
$179,240
Total Assessment
$189,000
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