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$38,900 -$1,000 (-2.51%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • 5 Total Beds
  • Updated 3 days ago
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Brick 2 flat in need of rehab. Property sold in as-is condition. Solid structure but need substansive rehabilitation. Great block off the Dan Ryan expressway. Three bedroom units. No survey provided.

Full Property Details for 7116 S Lafayette Ave

General

  • Price: $38,900
  • Taxes: $2,320 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12524797
  • Updated: 1/13/2026
  • Added to Site: 50 day(s) ago

Rental Information

  • Complex Features: Curbs, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Finished, W

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Upper - Full Baths: 3

Bedrooms

  • Total Bedrooms: 5

Additional Information

  • Equipment: Intercom, Ceiling Fan(s)
  • Other Features: Commuter Bus, Commuter Train

Location

  • Area: CHI - Greater Grand Crossing
  • County: Cook
  • Township: Lake
  • Driving Directions: TAKE 71ST ST TO LAFAYETTE - SOUTH TO ADDRESS - 1 WAY

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan, Public

Structural Information

  • Architectural Info: Row House
  • Architectural Style: Row House
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Finished, Walk-Out Access
  • Foundation: Stone
  • Roof: Rubber

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Standard Chicago Lot
  • Lot Dimensions: 25 x 125
  • Zoning: MULTI

Financial Considerations

  • Tax Amount: $2,320.87
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 20282060300000

Listed by Choice Realty Group Inc.

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Listing agent

— 7116 S Lafayette Ave —

  • Choice Realty Group Inc.

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 7116 S Lafayette Ave

School District:Chicago Public School District 299
NameGradesDistance
Deneen Elementary School
7240 South Wabash Avenue, Chicago, IL 60619
7-80.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7116 S Lafayette Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/13/2026
Price Reduced
$38,900
-2.51%
MLS
11/28/2025
Listed
$39,900
85.58%
MLS
8/13/2010
Sold
$21,500
—
Public Record
Get Price Alerts and Save Property
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 for 7116 S Lafayette Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,321
3%
$11,000
—
2022
$2,263
2%
$11,000
—
2021
$2,212
32%
$11,000
46%
2020
$1,682
-2%
$7,551
-12%
2019
$1,724
2%
$8,581
—
2018
$1,695
164%
$8,581
-16%
2017
$642
-46%
$10,169
—
2016
$1,179
-15%
$10,169
—
2015
$1,383
10%
$10,169
1%
2014
$1,258
24%
$10,083
—
2013
$1,014
-3%
$10,083
—
2012
$1,042
—
$10,083
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Choice Realty Group Inc.

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Listed by Shirley Rucker

7116 S Lafayette Avenue, Chicago, IL 60621 (MLS# 12524797) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 7116 S Lafayette Avenue is currently listed for $38,900 and was received on November 28, 2025. Want to learn more about 7116 S Lafayette Avenue? Do you have questions about finding other Multi-Family real estate for sale in Greater Grand Crossing? You can browse all Greater Grand Crossing real estate or contact a Coldwell Banker agent to request more information.

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