$3,158 Closing Credit¹
#12211052, Cesar Hernandez, Listing Office: Realty of America, LLC
$245,000 List price
6328 S Laflin St Chicago, IL 60636
$2,909
Closing credit¹
6 beds
2 baths
House
Property details
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.
Highlights
Home typeResidential
HeatingNatural Gas
StatusAccepting Backup Offers
(Contingent)
(Contingent)
BasementYes
Year built1895
MLS #12052517
Garage2 spaces
Summary
- MLS Number: 12052517
- MLS Name: MRED
- Office Name: TADD Realty
- Office Phone: (773) 863-0704
- Listing Agent: Sherri Washington
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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Get an agent. Get a mortgage. Save big.¹
$245,000
6328 S Laflin St
$2,909
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 28, 2022 | Home Sold | $94,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $3,500 | $719 |
| 2021 | $3,500 | $703 |
| 2020 | $7,074 | $1,575 |
| 2019 | $8,039 | $1,615 |
| 2018 | $8,039 | $1,587 |
| 2017 | $14,044 | $3,023 |
History based on county public records data.
Nearby schools
6
Brownell Elementary School
Public District PK-6
2.2 mi
•6741 S Michigan Ave
7
Tonti Elementary School
Public District PK-5
2.4 mi
•5815 S Homan Ave
5
Sandoval Elementary School
Public District KG-5
2.8 mi
•5534 S Saint Louis Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $21,938. Typical income of Chicago, IL residents is less than $<35k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
74%
<35k
24%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
50%
Single, No Kids
36%
Single, with Kids
9%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
12%
12-17 yrs old
23%
18-34 yrs old
34%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Foot Locker
Ross Dress For Less
Where do the neighbors go to eat?
White Castle
Little Caesars
Jack In The Box
What do the neighbors drive?
Kia
Dodge
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 6328 S Laflin St
This home is located at 6328 S Laflin St in Chicago, IL and zip code 60636 in the Englewood neighborhood. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 12, 2024 and is currently priced at $245,000.
Chicago, IL housing market in February 2025 saw over 406 listings sold above listed price, more than 232 sold at listed price and over 629 sold below. Between January and February 2025, Chicago, IL real estate market has seen increase in the number of listings by 16.2%. Listings spent 44 days on the market in February 2025, and had a median list price of $369,941 during the same period.
From Rocket Homes Real Estate and based on county public records data.