Closed

$149,999

2305 Laramie Avenue, Cicero, IL 60804
6 Beds4 Baths15 days
2305 Laramie Avenue·Cicero, IL 60804
6Bedrooms
4Bathrooms
1910Year Built
About This Home

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!

MLS# 12124327Listed July 29, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms4
Total Rooms15

Size & Structure

Year Built1910
Lot Size2550

Location

CountyCook
TownshipCicero
Zip Code60804

Financial

List Price$149,999
Annual Taxes (2022)$4,202
Monthly Tax Est.$350
Parcel #16282070030000
Interior Features

Heating

Radiant

Basement

UnfinishedPartial
Exterior & Lot

Construction

Brick

Roof

Asphalt
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan
Schools
High School
J Sterling Morton East High Scho
District: 201
Tax & Financial
Annual Taxes
$4,202
Tax Year 2022
Monthly Tax Est.
$350
per month
Property Location

2305 Laramie Avenue, Cicero, IL 60804Cook County

$149,999
2305 Laramie Avenue
6 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
15 days on market
2550
$4,202/yr taxes
$1,138
estimated monthly payment
Principal & Interest
$788/mo
Property Tax
$350/mo
$149,999
20% — $30,000
3%50%
6.875%
3%12%
Loan Amount
$119,999
Down Payment
$30,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Compass
Agent: Marcello Navarro
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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