$135,000 - $163,000
●
Multifamily -
In Contract
2305 S Laramie Avenue
Cicero, IL 60804
6 Beds
0 Bath
About This Property
$45k to 48k projected rent roll awaits the savvy investor!!! THIS
IS A GUT REHAB PROJECT!! 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 gut 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
Listed By
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 10, 2024 | In contract | - | |
In contract | |||
May 3, 2024 | Listed | $149,999 | |
Listed |
Property Highlights
Exterior Details
Exterior Information
Brick
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
-
|
-
-
|
-
|
Ken Dooley
Compass
|
Building Info
2305 South Laramie Avenue
2305 South Laramie Avenue, Cicero, IL 60804
- 1 Unit for Sale