7705-7713 S Laflin St - Apartments FOR SALE


Chicago, IL 60620- Gresham
$1,870,000 USD
773-799-0639
7705-7713 S Laflin St, Chicago, IL for Sale
$1,870,000 USD
Apartments - FOR SALE
1/5
null | 10.33% Cap Rate

7705-7713 S Laflin St
Chicago, IL 60620
Gresham


HIGHLIGHTS

  • Located within Chicago's established Auburn Gresham neighborhood.
  • Convenient access to neighborhood retail, services, and public transportation.
  • Surrounded by existing housing and community-serving amenities.
  • Multifamily asset positioned in a densely developed residential corridor.

OVERVIEW

7705-7713 S Laflin St presents a multifamily investment opportunity in Chicago’s Auburn Gresham neighborhood on the city’s South Side. The property is situated within an established residential area characterized by a mix of multifamily housing, neighborhood retail, public transportation access, and community services. Its location provides connectivity to major thoroughfares serving the surrounding South Side neighborhoods and the greater Chicago metropolitan area. The asset offers investors the opportunity to acquire a stabilized multifamily property in a mature urban market with a long history of residential demand. Auburn Gresham continues to benefit from ongoing public and private investment initiatives focused on neighborhood revitalization, housing, infrastructure improvements, and commercial corridor enhancements. The property's position within a densely populated residential district supports a consistent renter base and access to neighborhood amenities. For investors seeking a Chicago multifamily asset, the property combines an established location, existing residential infrastructure, and proximity to employment, retail, transportation, and community resources. Its location within one of Chicago’s longstanding residential neighborhoods provides a foundation for both current operations and long-term ownership objectives.

FOR SALE DETAILS

PRICE

$1,870,000 USD

PRICE/SF

$58 USD /SF

# OF UNITS

22

PRICE/UNIT

$85,000

CAP RATE

10.33%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1923

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

15,930 SF

ZONING

R-3, Chicago

APN/PARCEL ID

20-29-312-002-0000

ASK ABOUT THIS PROPERTY

Jesus GarciaEssex Realty Group, LLCMore Info
773-799-0639

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Jesus GarciaEssex Realty Group, LLCMore Info
773-799-0639

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.