$153,000 - $185,000
●
Multifamily -
Off Market
2305 S Laramie Avenue
Cicero, IL 60804
6 Beds
0 Bath
About This Property
$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.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$350
HOA Dues
-
Year Built
1910
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 5, 2024 | No longer available | - | |
| No longer available | |||
| Mar 22, 2024 | In contract | - | |
| In contract | |||
| Mar 12, 2024 | Listed | $169,999 | |
| Listed | |||
Property Highlights
Exterior Details
Exterior Information
Brick
2305 S Laramie Avenue
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
09/27/2023
|
|
6 Bed
|
-
|
-
|
$249,000
6 Bed
-
|
-
-
|
-
|
Kenneth Dooley
Compass
|
Building Info
2305 South Laramie Avenue
2305 South Laramie Avenue, Cicero, IL 60804
- 1 Unit for Sale
