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: | 2017 |
| Lot Size: | 0,08 |
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
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Eighth Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: —Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: Full,EnglishRooms: —
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 |
Contact Agent
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Listing Provided By
Coldwell Banker Residential Brokerage
