12001 S Lafayette Avenue, Chicago, IL

$250,000

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6

Beds

About 12001 S Lafayette Avenue

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!

Features of 12001 S Lafayette Avenue

MLS® # 12782074
Price $250,000
Bedrooms 6
Bathrooms 0.00
Year Built 1923
Type Residential Income
Sub-Type Two to Four Units
Status New

Community Information

Address 12001 S Lafayette Avenue
Area CHI - West Pullman
City Chicago
County Cook
State IL
Zip Code 60628

Amenities

Parking Spaces 3
Parking Off Street, Yes, Owned
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Radiator(s)
Fireplace No
Has Basement Yes
Basement Unfinished, Exterior Entry, Full

Exterior

Exterior Vinyl Siding
Roof Asphalt

School Information

District 299

Additional Information

Days on Market 1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeAXEN Realty LLC

Listing Map

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