2305 South Laramie Avenue
2305 South Laramie Avenue
$169,999
6
4
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Listed By Compass
Contingent
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...$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.
Listing Agent
Property Details for 2305 South Laramie Avenue
Area
Cicero
TownshipCicero
OwnershipFee Simple
Num Of Parking Spaces0.0
Parking Included in PriceNo
Heat/FuelRadiant
Location
LISTING UPDATED: 03/21/2024 11:10 AM
Property Details for 2305 South Laramie Avenue
Status | Contingent |
---|---|
MLS # | 12002641 |
Days on Market | 36 |
Taxes | $4,202 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 2 Story Unit/S |
Year Built | 1910 |
Lot Size | 0.06 AC / 2,550 SF |
County | Cook County |
Location
Building Information for 2305 South Laramie Avenue
Stories-Residences3Year Built1910Building Size-Lot Size0.06 AC / 2,550 SF
Payment Calculator
$1,278 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2305 South Laramie Avenue
Property History for 2305 South Laramie Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2305 South Laramie Avenue
Taxable ValueLand$2,358Additions$15,340Total$17,698
Tax Record2022$7,730 ($644 / month)
Home Facts
Baths2.5Total Finished SqFt2,820 SqFtAbove Grade Finished SqFt2,820 SqFtStories2Lot Size2,550 SqFtStyleMulti-Family Res (5+ Units)Year Built1910CountyCOOKAPN16-28-207-003
Schools near 2305 South Laramie Avenue
This home is within J S Morton Hsd 201 School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 4 | |||
Public - | 5 to 6 | |||
Public - | 7 to 8 | |||
Public - | 10 to 12 |
Rating | School | Distance |
---|---|---|
Cicero West Elementary School PublicPK to 4 | ||
Cicero East Elementary School Public5 to 6 | ||
Unity Jr High School Public7 to 8 | ||
J Sterling Morton East High School Public10 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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