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: 432
Lot Size: 0,00
Map
Street View

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
No
Cook
— / —
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

All Bedroom Info:
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Unfinished

Other Specifics

2550
Not in DB

Tax History

Year Property Taxes
2024 $4,202

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