2517 North Laramie Avenue
2517 North Laramie Avenue
$445,000
8
3
—
—
—
Closed 11/2/20
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...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.
- Listed by Mark Ruda • Coldwell Banker Residential Brokerage
Sold By Concentric Realty Inc.
Property Details for 2517 North Laramie Avenue
Area
CHI - Belmont Cragin
TownshipJefferson
OwnershipFee Simple
Num Of Garage Spaces2.0
Num Of Cars2.0
Parking Included in PriceYes
Heat/FuelNatural Gas
Location
LISTING UPDATED: 05/05/2021 09:27 AM
Property Details for 2517 North Laramie Avenue
Status | Closed |
---|---|
MLS # | 10738477 |
Days on Market | 149 |
Taxes | $6,102 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 3 Flat |
Year Built | 1960 |
Lot Size | 0.08 AC / 3,484 SF |
County | Cook County |
Location
Building Information for 2517 North Laramie Avenue
Stories-Residences3Year Built1960Building Size-Lot Size0.08 AC / 3,484 SF
Payment Calculator
$2,937 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2517 North Laramie Avenue
Property History for 2517 North 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 2517 North Laramie Avenue
Taxable ValueLand$5,628Additions$25,375Total$31,003
Tax Record2022$6,380 ($532 / month)
Home Facts
Baths3Total Finished SqFt2,855 SqFtAbove Grade Finished SqFt2,855 SqFtStories2Lot Size3,750 SqFtStyleMulti-Family Res (5+ Units)Year Built1958CountyCOOKAPN13-28-420-043
Schools near 2517 North Laramie Avenue
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | PK to 8 |
Rating | School | Distance |
---|---|---|
Schubert Elementary School PublicPK to 5 | ||
Northwest Middle School Public6 to 8 | ||
Foreman High School Public9 to 12 | ||
CHRISTOPHER HOUSE CHRT ES CharterPK to 8 |
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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