new - 7 days on rocket

11615 S Lafayette Ave, Chicago, IL, 60628

$104,500

Home List Price

$1,241*

Closing Credit

3 Bedrooms
2 Full Baths
1,760 SqFt
$59/SqFt
House
Schools Nearby

Location

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11615 S Lafayette Ave, Chicago$104,500

Buyer Closing Credits

$1,241*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1888
HeatingNatural Gas
CoolingNone
BasementYes
MLS #12040464
Lot Size0.07 Acres
StatusActive

About 11615 S Lafayette Ave

Welcome to 11615 S Lafayette Ave, an investor's dream nestled in a prime location! This single-family home presents an exceptional opportunity for those looking to make a lucrative investment in the real estate market. Situated in a highly desirable neighborhood, its convenient location and accessibility make it an attractive option for both investors and potential buyers seeking their next renovation project or addition to their investment portfolio. Boasting a spacious layout and solid structure, this property offers endless potential for improvement and customization. Whether you're envisioning a comfortable family home or seeking to capitalize on the rental market, the flexible layout allows for various investment strategies. With proximity to amenities, schools, parks, and major transportation routes, this property appeals to a wide range of tenants and future buyers, enhancing its investment value. Don't miss out on this exceptional opportunity! With rising property values in the area, investing in 11615 S Lafayette Ave promises significant appreciation and long-term financial growth. Whether you're a seasoned investor or a first-time buyer, schedule a viewing today and unlock the potential of this prime property!

Property Details

Property Features

Property Information:

  • Year Built: 1888
  • Living Area: 1,760 SqFt

Listing Office:

  • Office Name: Real Broker, LLC
  • Office Phone: (217) 960-8605
  • Listing Agent: Justice Valdez

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

School Info

Assigned Schools Information:

  • Fenger Academy High School, Public District Grades 9-12
  • Curtis Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: Head South on 94, Merge S State St, W 116th, Turn Left on S Lafayette

Price Information

Listing Price Info

Price Summary:

  • List Price: $104,500
  • Price Per SqFt: $59/SqFt

Tax Information:

  • Annual Amount: $1,413
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

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Chicago, IL

City

Med. Sold Price

$349K

Med. Price/SqFt

$250

Avg. Days On Market

33

# of Sold Homes

2268

11615 S Lafayette Ave vs Chicago

7 DAYS ON ROCKET

-26 Days

$104,500

-$244.5K Less

$59/SqFt

-$191 Less

KEY TAKEAWAY

This property is $244.5K less than the Median Sold Price and $191/SqFt less than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12040464

Listing Office:

  • Office Name: Real Broker, LLC
  • Office Phone: (217) 960-8605
  • Listing Agent: Justice Valdez

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 5:15:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2019$1,413$7,016
2018$1,389$7,016
2017$2,236$10,366

History based on county public records data.

Payment Calculator

$589

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$380

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5492101
3
/10

  • Curtis Elementary School

  • 32 E 115th St

  • 0.27 miles

  • Public District Grades PK-8

High School

school-card-donut-5492102
1
/10

  • Fenger Academy High School

  • 11220 S Wallace St

  • 0.93 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,333. Typical income of Chicago, IL residents is less than $35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 11615 S Lafayette Ave

What is the listing price of this property?

The listing price of 11615 S Lafayette Ave property is $104,500.

What type of property is this?

The property 11615 S Lafayette Ave is a house located in Chicago, Illinois, 60628.

Is this property for sale now?

Active Listing: 11615 S Lafayette Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 11615 S Lafayette Ave are:
Curtis Elementary School: GreatSchools Rating 3/10
Fenger Academy High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $1,413 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 11615 S Lafayette Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 11615 S Lafayette Ave is 1,760 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 11615 S Lafayette Ave is 1888.

Rocket Homes›Illinois›Cook County›Chicago›60628›11615 S Lafayette Ave

This home is located at 11615 S Lafayette Ave in Chicago, IL and zip code 60628 in the Far Southeast Side neighborhood. This 1,760 square foot home, which was built in 1888, sits on a 0.07 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $104,500.

While more than 867 listings in Chicago, IL in April 2024 were sold above asking price, there were more than 378 listings sold at asking price, and more than 1023 were sold below. In April 2024 in Chicago, IL there were 18.4% more homes for sale than in March 2024. In April 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $349,097.

From Rocket Homes Real Estate and based on county public records data.

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