2517 Laramie Avenue, Belmont Cragin, Chicago, Illinois 60639


$445,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft: —
Beds: 8
Baths: 0
Year Built: 1960
Property Taxes: $6,102
Days On Market: 2324
Lot Size: 0,08
Map
Street View

Description

Armchair investment is waiting for you. Upper floors include 3-bedroom units. Garden unit is a 2-bedroom. Live in one, let the other two pay the mortgage. Updates have been made throughout. Property has been maintained well by longtime owners. Rents could be higher ($500 a month?) to improve already strong cash flow. Building already generating 7.1% cap rate, 13.8% cash-on-cash return. Tenants pay heat, gas and electric. Amenities include two-car garage, laundry, back yard. Roof is approximately seven years old. Excellent access to public transportation.

Property Specifics

Multi-unit
—
—
1960
Full,English
—
No
0.08
Cook
—
— / —
—
Lake Michigan,Public
Public Sewer, Sewer-Storm
10738477
13284200430000

Property History

DATE: EVENT: PRICE: SOURCE:
2 Nov, 2020 Sold $445,000 MRED MLS
4 Sep, 2020 Under contract $465,000 MRED MLS
6 Jun, 2020 Listed for sale $465,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 8
Bedrooms Above Ground: 8
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: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Eighth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: Full,English
Basement Description: Unfinished

Other Specifics

2
Concrete Perimeter
—
Patio, Storms/Screens, Cable Access
—
30 X 125
—
—
—
—
Not in DB
Sidewalks, Street Lights, Street Paved
—
—
—

Tax History

Year Property Taxes
2020 $6,102

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Listing Provided By

Coldwell Banker Residential Brokerage