Closed

$390,000

7950 S Lafayette Ave, Chicago, IL 60620

6beds

--sqft

Multi Family

Built in 1970

-- sqft lot

$394,600 Zestimate^®

$--/sqft

$1,879 Estimated rent

Home value

$394,600

$359,000 - $434,000

$1,879/mo

Zestimate^® history

Owner options

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$1,879/mo

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$1,879/mo

Rent Zestimate^®

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$2,933/mo

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$2,933/mo

Est. payment

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What's special

Sun-filled living spaces

Opportunity knocks in Chatham! This classic Chicago brick 2-flat delivers space, income potential, and future possibilities all in one. Each unit offers 3 bedrooms, 1.5 baths and sun-filled living spaces perfect for comfortable everyday living. The full unfinished basement is already equipped with plumbing, electrical, and separate mechanicals, making it ready for your vision to build out for more cash flow. Rear space offers the potential to add a future garage and increase value even further. Whether you're looking to expand your portfolio or live in one unit while generating income from the other, this property is packed with potential.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 2
1/2 bathrooms: 2

Heating

Natural Gas

Features

Basement: Unfinished,Full

Property

Parking

Total spaces: 2
Parking features: Yes

Lot

Size: 3,920 Square Feet
Dimensions: 30X126

Details

Parcel number: 20332060380000
Zoning: MULTI
Special conditions: List Broker Must Accompany

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick

Condition

New construction: No
Year built: 1970

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Chicago

Financial & listing details

Tax assessed value: $200,000
Annual tax amount: $4,018
Date on market: 5/20/2026
Listing terms: FHA
Ownership: Fee Simple

Price history

Date	Event	Price
6/30/2026	Sold	$390,000-1.3%
Source: MRED as distributed by MLS GRID #12650490 Report a problem
6/21/2026	Pending sale	$395,000
Source: MRED as distributed by MLS GRID #12650490 Report a problem
6/2/2026	Contingent	$395,000
Source: MRED as distributed by MLS GRID #12650490 Report a problem
5/20/2026	Listed for sale	$395,000+3.9%
Source: MRED as distributed by MLS GRID #12650490 Report a problem
11/19/2025	Listing removed	$380,000
Source: MRED as distributed by MLS GRID #12497699 Report a problem
10/20/2025	Listed for sale	$380,000+68.9%
Source: MRED as distributed by MLS GRID #12497699 Report a problem
12/18/2023	Sold	$225,000+7.1%
Source: MRED as distributed by MLS GRID #11892884 Report a problem
11/17/2023	Pending sale	$210,000
Source: MRED as distributed by MLS GRID #11892884 Report a problem
10/12/2023	Contingent	$210,000
Source: MRED as distributed by MLS GRID #11892884 Report a problem
9/24/2023	Listed for sale	$210,000
Source: MRED as distributed by MLS GRID #11892884 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$4,018 +27%	$20,000 +33.3%
2023	$3,165 +2.6%	$15,000
2022	$3,085 +2.3%	$15,000
2021	$3,016 -14.8%	$15,000 -5.7%
2020	$3,542 -0.2%	$15,900 -10%
2019	$3,550 +1.7%	$17,667
2018	$3,490 +29.8%	$17,667 -4.8%
2017	$2,689 -27.7%	$18,566
2016	$3,719 +51.4%	$18,566
2015	$2,457 +0.9%	$18,566 +3.4%
2014	$2,436 -0.4%	$17,947
2013	$2,444 -0.4%	$17,947
2012	$2,453 -29.7%	$17,947 -16.7%
2011	$3,490 +35.9%	$21,534
2010	$2,568 +7.1%	$21,534
2009	$2,397 +3.4%	$21,534 -6.1%
2008	$2,320 +2.6%	$22,925
2007	$2,260 +1.3%	$22,925
2006	$2,230 -12.4%	$22,925 +14%
2005	$2,547 +1.9%	$20,111
2004	$2,499 +4.5%	$20,111
2003	$2,393 +1.9%	$20,111 +26.5%
2002	$2,347 +6.3%	$15,901
2001	$2,208 +4.1%	$15,901
2000	$2,121 +0.2%	$15,901 +12.4%
1999	$2,116	$14,150

Find assessor info on the county website

Neighborhood: West Chatham

Nearby homes

Nearby schools

GreatSchools rating

4/10
Westcott Elementary School
Grades: PK-8Distance: 0.5 mi
1/10
Hirsch Metropolitan High School
Grades: 9-12Distance: 1.3 mi

Schools provided by the listing agent

District: 299

Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.