2305 Laramie Avenue, Cicero, Illinois 60804
$135,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 6 |
| Baths: | 0 |
| Year Built: | 1910 |
| Property Taxes: | $4,202 |
| Days On Market: | 823 |
| Lot Size: | 0,00 |
Description
47,000 TO $49,000 IN RENTS AWAITS THE SAVVY INVESTOR! THIS IS A GUT REHAB PROJECT!! 3 Residential units!! 7 residential beds with 4 bathrooms & 3 kitchens! Solid Brick Multi-Unit Building in a great location just 1 block from the Cermak Ave shopping corridor & 2 blocks from the CTA Pink Train Station! The building is being sold "As-Is" and is perfectly suited for a complete gut remodel! Bring your investors and remodelers!! New owner has option to make use front unit as a small storefront with low impact of foot traffic. Owners & I had meeting with Cicero confirming the 3 residential units, the parking variance being grandfathered in! There are NO CREDITS of any kind with this property! ***This building upon remodeled has a solid potential for 10% CAP RATE cash on cash based on area rents!
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1910 | |
| — | |
| Brick | |
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| — | |
| No | |
| — |
| Cook | |
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| — / — | |
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| — | |
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| — | |
| — | |
| 12124327 | |
| 16282070030000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
High School
J Sterling Morton East High Scho |
201 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 27 Aug, 2024 | Sold | $135,000 | MRED MLS |
| 12 Aug, 2024 | Under contract | $149,999 | MRED MLS |
| 29 Jul, 2024 | Listed for sale | $149,999 | MRED MLS |
Room Specifics
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Other Specifics
| — | |
| — | |
| None | |
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| — | |
| — | |
| — | |
| 2550 | |
| — | |
| — | |
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| Not in DB | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2024 | $4,202 |
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