For Sale Multi-Family MLS# 12782074

12001 S Lafayette Avenue

Chicago, IL 60628

$250,000

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About 12001 S Lafayette Avenue

UPDATED 2-FLAT IN THE HEART OF ROSELAND - EXCELLENT INVESTMENT OPPORTUNITY! Discover this spacious frame 2-unit building located in Chicago's emerging Roseland community, near the developing Roseland Medical District and the planned CTA Red Line Extension! Perfect for owner-occupants and savvy investors looking to build equity and generate rental income, this property features two generously sized 3-bedroom units and a full basement equipped for laundry. Both units received updates in 2021, with additional property improvements in 2025. Major capital improvements include a new roof (2019), new first-floor forced-air heating unit (2022), rebuilt boiler (2018), second-floor hot water tank (2019), and first-floor hot water tank (2017). The rear porch was completely demolished and rebuilt to code in 2015. Strategically positioned near transportation, healthcare facilities, neighborhood amenities, and the planned CTA Red Line expansion, this property offers an opportunity to invest in an area experiencing ongoing revitalization and infrastructure investment. LIVE IN ONE UNIT AND RENT THE OTHER, OR ADD BOTH UNITS TO YOUR INVESTMENT PORTFOLIO! Whether you're a first-time investor, seasoned landlord, or owner-occupant seeking additional income potential, this Roseland 2-flat deserves your attention. Schedule your private showing today!

Property details

Property

Type
multi
Year built
1923
List date
Oct 9, 2026

Schools

District
Chicago Public School District 299

Location

Subdivision
West Pullman
Neighborhood
West Pullman

Location

Neighborhood
West Pullman
School district
Chicago Public School District 299

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Listed by Pierre Mason, AXEN Realty LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.