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$370,000
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Property Description
So much potential and so close to the finish line! This substantially renovated two-unit property offers a great opportunity for an owner-occupant or investor willing to complete the remaining finishing touches. Much of the heavy lifting has already been done, with extensive improvements completed in 2026, including updated electrical, plumbing, modern kitchens and baths, flooring and additional interior improvements. Offering approximately 2,058 square feet of building area, 7 bedrooms and 3 bathrooms in total, the property features a 2-bedroom, 1-bathroom first-floor unit and a spacious 5-bedroom, 2-bathroom duplex-up. Both units are currently vacant, providing flexibility for an owner-occupant or investor without existing tenants or leases. Priced to reflect the property's current condition and remaining punch list items, this is an opportunity to step into a property where much of the renovation work has already been completed and finish it to your own vision. A two-car carport provides off-street parking, with potential space for a future garage subject to City approval. The City of Chicago zoning certificate reflects two dwelling units. Property is being sold strictly AS-IS. Seller will not make repairs or provide repair credits. Buyer is responsible for independently verifying the property's condition, square footage, improvements, permits, zoning and intended or future use.
Full Property Details
Full Property Details for 5320 S Laflin St
General
- Price: $370,000
- Taxes: $844 (2023)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12759489
- Updated: 10/22/2026
- Added to Site: 59 day(s) ago
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 7
Additional Information
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Parking
- Total Spaces: 2
- Parking Features: Yes
Location
- Area: CHI - New City
- County: Cook
- Township: Lake
- Driving Directions: GARFIELD BLVD TO LAFLIN, NORTH TO PROPERTY
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Brick, Frame
- Exterior Const.: Brick, Frame
- Basement Desc.: None
- Year Built: 1888
- Built Before 1978: Yes
- Remodeled/Updated: 2026
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.07
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 25 x 125
Financial Considerations
- Assessment Year: 1888
- Tax Amount: $844
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 20083130320000
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Schools
Schools serving 5320 S Laflin St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Libby Elementary School 5300 South Loomis Boulevard, Chicago, IL 60609 | K-8 | 0.1 mi |
Tilden Career Communty Academy High School 4747 South Union Avenue, Chicago, IL 60609 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5320 S Laflin St
Date
Details
Price
Change
Source
10/22/2026
Price Reduced
$370,000
-1.33%
MLS
10/13/2026
Price Reduced
$375,000
-6.23%
MLS
9/14/2026
Listed
$399,900
219.92%
MLS
11/25/2024
Sold
$125,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5320 S Laflin St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$844
—
$17,001
325%
2023
$844
3%
$3,999
—
2022
$823
514%
$3,999
—
2021
$134
-82%
$3,999
-38%
2020
$743
-7%
$6,438
-13%
2019
$798
2%
$7,400
—
2018
$783
-48%
$7,400
-46%
2017
$1,506
-46%
$13,816
—
2016
$2,767
9%
$13,816
—
2015
$2,532
86%
$13,816
18%
2014
$1,364
-18%
$11,754
—
2013
$1,659
—
$11,754
—
2012
$1,661
—
$11,754
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5320 S Laflin St
5320 S Laflin Street, Chicago, IL 60609 (MLS# 12759489) is a Multi-Family property with 2 units containing 7 bedrooms and 0 full bathrooms. 5320 S Laflin Street is currently listed for $370,000 and was received on September 14, 2026. Want to learn more about 5320 S Laflin Street? Do you have questions about finding other Multi-Family real estate for sale in New City? You can browse all New City real estate or contact a Coldwell Banker agent to request more information.
