Sold for $135,000 on 8/27/24
Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
6 |
— |
1910 |
— |
0 |
$4,202 |
283 days |
47,000 TO $49,000 IN RENTS AWAITS THE SAVVY INVESTOR! THIS IS A GUT REHAB PROJECT!! 3 Residential units!! 7 residential beds with 4 bathrooms & 3 kitchens! 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. Owners & I had meeting with Cicero confirming the 3 residential units, the parking variance being grandfathered in! There are NO CREDITS of any kind with this property! ***This building upon remodeled has a solid potential for 10% CAP RATE cash on cash based on area rents!
Listing courtesy of Compass
2305 S Laramie Ave. is a multi-unit home built in 1910, and is located in Cicero, IL. It has 6 bedrooms and — bathrooms, and has annual property taxes of $4,202.
Marco Amidei
(888) 32-Marco (847) 630-4886
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