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2305 S Laramie Avenue
Cicero IL 60804 US

$169,999

Active Under Contract Listing ID 12002641
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6 bed
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Other

$169,999

Active Under Contract Listing ID 12002641
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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.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Roof Type: Asphalt
  • Heating Fuels: Radiant

School Information

  • School
  • J Sterling Morton East High Scho(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 169999
  • unparsedaddress: 2305 S Laramie Avenue
  • postalcity: Cicero
  • stateorprovince: IL
  • country: US
  • postalcode: 60804
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingareaunits: Square Feet
  • listagentfullname: Kenneth Dooley
  • listagentemail: ken.dooley@compass.com
  • listagentkey: 3yd-MREDIL-104188
  • listagentmlsid: 104188
  • listagentpreferredphone: 3123054919
  • listagentofficephone: 7734667150
  • listofficekey: 3yd-MREDIL-87121
  • listofficemlsid: 87121
  • disclaimer: Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1910
  • listingcontractdate: 2024-03-12
  • listagenturl: https://www.compass.com/
  • countyorparish: Cook
  • parcelnumber: 16282070030000
  • highschool: J Sterling Morton East High Scho
  • elementaryschooldistrict: 201
  • middleorjuniorschooldistrict: 201
  • highschooldistrict: 201
  • constructionmaterials: Brick
  • heating: Radiant
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: None
  • roof: Asphalt
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AlternatePrices":[], "Expenses":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2305-S-Laramie-Ave_Cicero_IL_60804_M80616-66017?f=listhub&s=MREDIL&m=12002641&c=rexren", "LeadRoutingEmail":"ken.dooley@compass.com", "BrokerName":"Compass Real Estate", "ListingTitle":"Residential Income - Cicero, IL", "ListOfficeBrokerMlsId":null, "ListOfficeEmail":null, "ListOfficeAddress1":"1643 N Milwaukee Ave", "ListOfficeAddress2":null, "ListOfficeCity":"Chicago", "ListOfficePostalCode":"60647", "ListOfficeStateOrProvince":"IL", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Compass Real Estate", "ListBrokeragePhone":null, "ListBrokerageEmail":null, "ListBrokerageWebsiteUrl":"https://www.compass.com/", "ListBrokerageLogoUrl":null, "ListBrokerageUnparsedAddress":null, "ListBrokerageUnitNumber":null, "ListBrokerageCity":null, "ListBrokerageStateOrProvince":"IL", "ListBrokeragePostalCode":null, "ListBrokerageCountry":"US", "RoomCount":15, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-03-21T12:10:03Z", "Neighborhoods":[{"Name":"Cicero", "Description":null}], "Taxes":[{"TaxYear":"2021", "TaxAnnualAmount":4201.83, "TaxDescription":null}]}
Listing Changed: 3/26/2024 2:29:37 PM GMT
Source Updated Date: 5/1/2024 6:51:35 AM GMT

Courtesy of: Kenneth Dooley, Compass, ken.dooley@compass.com

Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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