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$999,000
15,825
square ft

8156 S Laflin Street
Chicago, Illinois 60620

Active / MLS #12572161 / Multiple Family / Auburn Gresham
Listing information updated 3/7/2026 at 6:03am
This solid brick 18-unit multifamily building presents an exceptional value-add opportunity. Currently, the building is fully occupied. Each unit is a spacious one-bedroom, one-bath layout featuring hardwood floors throughout and classic vintage kitchens and baths-ready for thoughtful updates that can unlock strong rental upside. Investors will appreciate the potential to modernize interiors, increase rents to market levels, and explore the possibility of converting six units into two-bedroom layouts for even greater income growth. It has a new boiler, the water tank is less than 5 yrs old and significant improvements were made to the back porch. The property offers ample off-street parking and is ideally situated directly across from Cook Elementary School, just one block north of Foster Park, and three blocks from the vibrant retail corridor along Ashland Avenue-an attractive location for tenants seeking convenience and community.
Exterior Type:
Brick
Basement:
Unfinished
Water Front:
No
Square Feet:
15,825
Acreage:
0.21
Built:
1928
Cooling System:
None
Stories:
3
Roof:
Membrane,Rubber
Zoning:
MULTI
Building Square Feet:
15,825
Current Net Income:
$83,749
Unit 1:
5 room(s) / 1 bed(s) / 1 bath(s)
Unit 2:
4 room(s) / 1 bed(s) / 1 bath(s)
Tax Amount:
$18,352
Tax Year:
2023
Zip Code:
60620
City:
Chicago
County:
Cook

Listing Office: Purvey Properties, Inc.

Listing Office Phone: 312.715.7767

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 3/7/2026 at 6:03am. 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. Some listings have been excluded from this website.

Auburn Gresham

Auburn Gresham, IL

Situated on Chicago's South Side, Auburn Gresham is a residential neighborhood characterized by wide boulevards, mature trees, and well-maintained brick homes. Much of the neighborhood was developed in the early 20th century, with bungalow and two-flat styles shaping its consistent architectural fee...

Metra

Metra
Rock Island District line at Brainerd Metra
$225,056
Average Sale Price
85
Average Days On The Market
97%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 8156 S Laflin Street, Chicago, IL 60620
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8156 S Laflin Street, Chicago, IL 60620 is a multiple family currently listed at $999,000. This multiple family has been listed on @properties Christie's International Real Estate since February 18th, 2026 and was built in 1928. The nearest transit stops include Brainerd Metra Metra Rock Island District line.

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@properties Christie’s International Real Estate, the @properties Christie’s International Real Estate’s logo, and other various trademarks, logos, designs, and slogans herein are the registered and unregistered trademarks of At World Properties, LLC d/b/a @properties Christie’s International Real Estate.
Because At World Properties, LLC d/b/a @properties Christie’s International Real Estate and/or its owners have an interest in Proper Title, LLC, OriginPoint, A Rate Company, Christie’s International Real Estate, LLC, and Suburban Jungle, LLC, a referral to any of these entities may provide @properties Christie’s International Real Estate with a financial or other benefit. Working with @properties does not require you to use the services of any of these entities.
At World Properties, LLC and its subsidiaries do not discriminate against the use of Housing Choice Vouchers. Se Aceptan Vales de Elección de Vivienda.
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