Skip To Content

2305 S Laramie Avenue

Cicero, IL 60804
  • $169,999
  • STATUS: Active Under Contract
  • ON SITE: 38 Days
  • MLS #: 12002641
Under Contract
UPDATED: 231 min ago
$169,999
  • 6
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1910
County:
Area:

School Information

School District:
99

Description

$45k to 48k projected rent roll awaits the savvy investor!!! ALL Residential with 3 units! 7 residential beds with 4 bathrooms! 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 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. ***This building upon remodeled has the Potential for a 9%-10% CAP RATE cash on cash based on area rents! Owners & I had meeting with Cicero confirming the 3 residential units, the parking variance being grandfathered in and the low impact foot traffic office/storefront.

Monthly Payment Calculator



© 2024 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Realty. Based on information submitted to the MRED as of 2024-04-19T21:09:10.56 UTC. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
www.bloomingtonareahomes.com/homes/148510830
Print Image

2305 S Laramie Avenue Cicero, IL 60804

  • Price: $169,999
  • Status: Active Under Contract
  • On Site: 38 Days
  • Updated: 231 min ago
  • MLS #: 12002641
6
Beds
0
Baths
0
½ Baths
N/A
Acres
1910
Built
Neighborhood:
Cicero
County:
Cook
Area:
Cicero
High School:
J Sterling Morton East High Scho
School District:
99
Property Description
$45k to 48k projected rent roll awaits the savvy investor!!! ALL Residential with 3 units! 7 residential beds with 4 bathrooms! 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 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. ***This building upon remodeled has the Potential for a 9%-10% CAP RATE cash on cash based on area rents! Owners & I had meeting with Cicero confirming the 3 residential units, the parking variance being grandfathered in and the low impact foot traffic office/storefront.
Exterior Features

Exterior Building Type Brick Is Parking Included In Price No Lot Size Less Than .25 Acre Multi Family Type 2 Story Unit/s Parking Details None Parking Total 0 Roof Asphalt Waterfront YN No

Interior Features

Basement Unfinished Basement Details Partial Bedrooms Below Grade 0 Bedrooms Total 6 Full Baths In Building 4 Half Baths In Building 0 Heating Radiant Rooms Total 15

Property Features

Additional Parcels YN No Age 100+ Years Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Corporate Limits Cicero General Information None Mls Actual Status Contingent New Construction YN No Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 4201.83 Tax Year 2021 Total Numberof Unitsin Building 3 Township Cicero Type Two to Four Units Water Source Lake Michigan

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Compass: 773-466-7150.


© 2024 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Realty. Based on information submitted to the MRED as of 2024-04-19T21:09:10.56 UTC. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_12002641-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_12002641-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_12002641-1.jpg
Logo
Keller Williams Realty
2401 East Empire
Bloomington IL, 61704