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Backup Offers

6328 S Laflin St, Chicago, IL, 60636

$245,000

Home List Price

$2,909*

Closing Credit

6 Bedrooms
2 Baths
House

Location

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6328 S Laflin St, Chicago$245,000

Buyer Closing Credits

$2,909*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Garage2 spaces
Year Built1895
HeatingNatural Gas
BasementYes
MLS #12052517
StatusAccepting Backup Offers
(Contingent)

About 6328 S Laflin St

INVESTORS SPECIAL/203K Special: This property presents a compelling opportunity for the discerning investor or savvy buyer looking to make their mark. Situated in a desirable location with promising potential, the owner's eagerness to sell, coupled with the "SOLD AS IS" condition, opens the door for creative visionaries to transform this space into something extraordinary. Although the property may not comply with FHA, Conventional, or VA requirements right now, that in no way should be a dampener for the far-sighted man. In fact, it is under such a state of affairs that the opportunity may easily appeal to one looking for investment avenues, such as through the 203K loan program, or to individuals capable of taking up renovation projects to unlock the property's real value. At the core of this property is a rough diamond. With comparable sales in the area coming in at an after-repair value of $400,000, there is room for value appreciation upon strategic renovations and upgrades. The possibilities are endless-be it turning it into your own family home or realizing maximum income potential with this investment property. By finishing the basement, the property could hold another 2 to 3 more rooms on the first floor, thereby making it an excellent 6-bedroom, 2-bathroom apartment. This allows for a duplex setup, truly making it nice and feasible both for home and investment. The rent rate also gives credence to the business model of this area, containing an overall rent rate of $1,300 to $1,600 for a 3-bedroom, 1-bathroom apartment. In so doing, this provides a more than stable platform in being able to accrue consistent rental income for the property's potential investment returns. In short, yes, some initial work and investment will need to be done on the property, but all of the preliminary stuff is in place now for a successful adventure. With a little vision, resources, and expertise, this piece of property can become something greater than a home to you; it can become a lucrative investment opportunity. Just a blank canvas ready for your innovative touch to make it the next masterpiece.

Property Details

Property Features

Property Information:

  • Year Built: 1895

Listing Office:

  • Office Name: TADD Realty
  • Office Phone: (773) 863-0704
  • Listing Agent: Sherri Washington

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: Head down south Ashland Ave, make a right unto 64th street which is eastbound, then make a left unto Laflin street and take Laflin street to subject address of 6328 S. Laflin street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $245,000

Tax Information:

  • Annual Amount: $1,615
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

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Chicago, IL

City

Med. Sold Price

$360.3K

Med. Price/SqFt

$259

Avg. Days On Market

32

# of Sold Homes

1796

6328 S Laflin St vs Chicago

193 DAYS ON ROCKET

+161 Days

$245,000

-$115.3K Less

KEY TAKEAWAY

This property is $115.3K less than the Median Sold Price in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12052517

Listing Office:

  • Office Name: TADD Realty
  • Office Phone: (773) 863-0704
  • Listing Agent: Sherri Washington

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:15:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2019$1,615$8,039
2018$1,587$8,039
2017$3,023$14,044

History based on county public records data.

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$1,290

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$801

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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.

Nearby Schools

school-card-donut-411867
5
/10

  • Brownell Elementary School

  • 6741 S Michigan Ave

  • 2.15 miles

  • Public District Grades PK-6

school-card-donut-411868
7
/10

  • Tonti Elementary School

  • 5815 S Homan Ave

  • 2.43 miles

  • Public District Grades PK-5

school-card-donut-411869
5
/10

  • Sandoval Elementary School

  • 5534 S Saint Louis Ave

  • 2.77 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,938. Residents of Chicago, IL typically earn less than $35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6328 S Laflin St

What is the listing price of this property?

The listing price of 6328 S Laflin St property is $245,000.

What type of property is this?

The property 6328 S Laflin St is a house located in Chicago, Illinois, 60636.

Is this property for sale now?

Accepting Backup Offers: 6328 S Laflin St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $1,615 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 6328 S Laflin St has 6 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 6328 S Laflin St is 1895.

Rocket Homes›Illinois›Cook County›Chicago›60636›6328 S Laflin St

This home is located at 6328 S Laflin St in Chicago, IL and zip code 60636 in the Englewood neighborhood. This home was built in 1895. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 12, 2024 and is currently priced at $245,000.

In October 2024, from all listings sold in Chicago, IL there were more than 539 sold above asking price, over 919 sold below and more than 337 were sold right at the asked price. The number of homes for sale in Chicago, IL increased by 14.5% between September 2024 and October 2024. Listings spent 32 days on the market in October 2024, and had a median list price of $360,336 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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