Courtesy of: Kenneth Dooley, Compass, ken.dooley@compass.com
Courtesy of: Kenneth Dooley, Compass, ken.dooley@compass.com
$169,999
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6 bed
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Other
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$169,999
2305 S Laramie Avenue $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.
Courtesy of: Kenneth Dooley, Compass, ken.dooley@compass.com
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