12001 S Lafayette Ave

Chicago, IL 60628
  • $250,000

    Price
  • 6

    Bed
  • 2

    Bath

About the Listing 88787 - 896538

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!

Listing Highlights for 12001 S Lafayette Ave

Status Active
Days on Site 5
Property Type Multi-Family
MLS ® 12782074
Year Built 1923
Lot/Acreage 31.5 X125
County Cook
School District 299

Interior Details

  • Bedrooms: 6
  • Bathrooms: 2 Full
  • Appliances: Water Heater-Gas
  • Air Cond:
  • Heating: Natural Gas,Radiator(s)
  • Fireplaces:
  • Floor:
  • Basement: Unfinished,Exterior Entry,Full
  • Other:
  • Water: Lake Michigan

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 3
  • Lot Dimensions: 31.5 X125
  • Roof: Asphalt
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Off Street,Yes,Owned

Financial Details

  • Tax Amount: $952
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 25282150010000
  • Tax Year: 2023

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Listing Location

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12001 S Lafayette Ave Chicago, IL 60628

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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