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18-unit multifamily investment opportunity located in Chicago's Auburn Gresham neighborhood. This corner brick apartment building offers investors a compelling value-add opportunity with dramatically below-market rents and strong upside potential through renovations and improved management. Current average rents are approximately $815/month, while renovated comparable units in the area are achieving $1,100-$1,450/month. The property consists entirely of spacious 1-bedroom/1-bathroom units and is currently fully occupied, providing immediate in-place cash flow while allowing new ownership to implement a strategic renovation program over time. Many tenants are currently month-to-month, creating flexibility for future rent adjustments and unit improvements. Recent capital improvements include a new boiler installed in 2025 and newer hot water tanks installed in 2022. The property is offered at approximately $54,389 per unit, significantly below recent comparable sales and current on-market pricing in the surrounding area. Conveniently located near public transportation, major thoroughfares, and ongoing community investment initiatives, this asset presents an excellent opportunity for investors seeking long-term appreciation and increased cash flow potential in a growing South Side submarket. (Offering Memorandum - available upon request).

Property Details of 8152 South Laflin Street

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Listed by Kevin Rocio of @properties Commercial

Based on information submitted to MRED  as of July 3, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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