Welcome to 11615 S Lafayette Ave, an investor's dream nestled in a prime location! This single-family home presents an exceptional opportunity for those looking to make a lucrative investment in the real estate market. Situated in a highly desirable neighborhood, its convenient location and accessibility make it an attractive option for both investors and potential buyers seeking their next renovation project or addition to their investment portfolio. Boasting a spacious layout and solid structure, this property offers endless potential for improvement and customization. Whether you're envisioning a comfortable family home or seeking to capitalize on the rental market, the flexible layout allows for various investment strategies. With proximity to amenities, schools, parks, and major transportation routes, this property appeals to a wide range of tenants and future buyers, enhancing its investment value. Don't miss out on this exceptional opportunity! With rising property values in the area, investing in 11615 S Lafayette Ave promises significant appreciation and long-term financial growth. Whether you're a seasoned investor or a first-time buyer, schedule a viewing today and unlock the potential of this prime property!
Property Details
Property Features
Property Information:
Year Built: 1888
Living Area: 1,760 SqFt
Listing Office:
Office Name: Real Broker LLC
Office Phone: (217) 960-8605
Listing Agent: Rafay Qamar
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 4
Lot Features
Lot Information:
Lot Size: 0.07 Acres
Utilities
Utilities Information:
Heating: Natural Gas
Cooling: Central Air
Other
Directions Information:
Directions: Head South on 94, Merge S State St, W 116th, Turn Left on S Lafayette
Price Information
Listing Price Info
Price Summary:
List Price: $75,000
Price Per SqFt: $43/SqFt
Tax Information:
Annual Amount: $1,413
Tax Year: 2019
What can I afford?
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Housing Market Comparison
See how this home compares to others in Chicago, IL.
This property is $285.3K less than the Median Sold Price and $217/SqFt less than other homes in Chicago, IL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MRED
MLS Number: #12146268
Listing Office:
Office Name: Real Broker LLC
Office Phone: (217) 960-8605
Listing Agent: Rafay Qamar
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Burr Oak Elementary School
1440 W 125th St
Distance between this listing and this school2.04 miles
Public District Grades 3-5
4
/10
Cics - Bond Campus
13300 S Langley Ave
Distance between this listing and this school2.19 miles
Public Charter Grades KG-6
5
/10
Washington Elementary School
13900 S School St
Distance between this listing and this school2.76 miles
Public District Grades KG-6
Nearby Schools
2
/10
Curtis Elementary School
32 E 115th St
Distance between this listing and this school0.27 miles
Public District Grades PK-8
4
/10
Cics - Prairie Campus
11530 S Prairie Ave
Distance between this listing and this school0.38 miles
Public Charter Grades KG-8
5
/10
Haley Elementary Academy
11411 S Eggleston Ave
Distance between this listing and this school0.59 miles
Public District Grades PK-8
Nearby Schools
4
/10
Chicago Collegiate Charter School
11816 S Indiana Ave
Distance between this listing and this school0.33 miles
Public Charter Grades 5-12
1
/10
Fenger Academy High School
11220 S Wallace St
Distance between this listing and this school0.90 miles
Public District Grades 9-12
8
/10
Brooks College Preparatory Academy High School
250 E 111th St
Distance between this listing and this school0.92 miles
The neighbors living near this home have an average income of $32,333. Most Chicago, IL residents have annual incomes less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 11615 S Lafayette Ave
What is the listing price of this property?
The listing price of 11615 S Lafayette Ave property is $75,000.
What type of property is this?
The property 11615 S Lafayette Ave is a house located in Chicago, Illinois, 60628.
Is this property for sale now?
Active Listing: 11615 S Lafayette Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2019 is $1,413 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 11615 S Lafayette Ave has 4 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 11615 S Lafayette Ave is 1,760 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 11615 S Lafayette Ave is 1888.
This home is located at 11615 S Lafayette Ave in Chicago, IL and zip code 60628 in the Far Southeast Side neighborhood. This 1,760 square foot home, which was built in 1888, sits on a 0.07 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $75,000.
While more than 539 listings in Chicago, IL in October 2024 were sold above asking price, there were more than 337 listings sold at asking price, and more than 919 were sold below. The inventory of homes for sale in Chicago, IL between September 2024 and October 2024 increased by 14.5%. In October 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $360,336.
From Rocket Homes Real Estate and based on county public records data.