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Mario Bilotas

mario@fourdaughtersrealestate.com +1(847) 910-5022

$ 235,000

Est. payment -/mo

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Price Dropped by $15K

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 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

Listed by Pierre Mason of AXEN Realty LLC

Nearby School & Business

AFFORDABILITY CALCULATOR

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MY BLOGS

Vacant Land Scams are REAL

About 6 months ago, I received an email from (let’s call him) Charlie. A “nothing out of the ordinary” email from a common (and mildly validating) charlie…..@hotmail stating: “I have owned the lot for many years, but a couple of years ago I moved from Illinois to California, and I would like to sell

THE FRONT PORCH SWING

Oh, the memories. I remember my girls spending countless hours swinging front to back and side to side, hanging out with the neighborhood kids, splashing with the water hose, or crafting top-secret plans with their imaginations. It was awesome. How times have changed. With my two youngest girls slow

less is more, unless, it’s for less.

I hated looking for matching socks. Every day, my job required me to remove shoes at nearly every doorstep, and matching my socks was a daily frustration. Each day, I’d get my MLS home showing sheets ready, the electronic key card that opens lock-boxes, get dressed with minutes turning into seconds

Contact Us

Phone

+1(847) 910-5022

mario@fourdaughtersrealestate.com

Address

205 W. Miner Street, Arlington Heights, IL 60005, USA