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2305 S Laramie Avenue, Cicero, IL 60804
$169,999 Contingent
2305 S Laramie Avenue, Cicero, IL 60804View this property at 2305 S Laramie Avenue, Cicero, IL 60804
2305 S Laramie AvenueCiceroIL60804
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Property Description
$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.
Full Property Details
Full Property Details for 2305 S Laramie Ave
General
- Price: $169,999
- Taxes: $4,201 (2021)
- Status: Contingent
- Type: Multi-Family
- MLS ID: 12002641
- Updated: 3/21/2024
- Added to Site: 51 day(s) ago
Interior
- Basement: Partial
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 6
Parking
- Parking Type: None
Location
- Area: Cicero
- County: Cook
- Township: Cicero
- Driving Directions: East or West on Cermak Rd, South on Laramie to Address.
School Information
- School District: 99
- Elem School District: 99
- Midd School District: 99
- High School District: 201
- High School: J Sterling Morton East High Scho
- Private School: J Sterling Morton East High Scho
Heating & Cooling
- Heating Type: Radiant
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Partial
- Roof: Asphalt
- Year Built: 1910
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 2550
Financial Considerations
- Assessment Year: 1910
- Tax Amount: $4,201.83
- Tax Year: 2021
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16282070030000
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Schools
Schools serving 2305 S Laramie Ave
School Districts:Cicero School District 99, J S Morton High School District 201
Rating | Name | Grades | Distance |
---|---|---|---|
4937 W 23rd St, Cicero, IL 60804 | PK-3 | 0.3 mi | |
3003 S 50th Ct, Cicero, IL 60804 | 4-6 | 0.4 mi | |
2115 S 54th Ave, Cicero, IL 60804 | 7-8 | 0.2 mi | |
1801 S 55th Ave, Cicero, IL 60804 | 9-9 | 0.6 mi | |
2423 S Austin Blvd, Cicero, IL 60804 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2305 S Laramie Ave
Date
Details
Price
Change
Source
3/12/2024
Listed
$169,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2305 S Laramie Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$7,730
1%
$17,698
—
2021
$7,640
3%
$17,698
—
2020
$7,428
-19%
$17,698
-6%
2019
$9,203
3%
$18,864
—
2018
$8,968
4%
$18,864
—
2017
$8,632
27%
$18,864
33%
2016
$6,818
1%
$14,207
—
2015
$6,737
4%
$14,207
—
2014
$6,493
9%
$14,207
-1%
2013
$5,954
5%
$14,410
—
2012
$5,675
—
$14,410
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2305 S Laramie Ave
2305 S Laramie Avenue, Cicero, IL 60804 (MLS# 12002641) is a Multi-Family property with 3 units containing 6 bedrooms and 0 full bathrooms. 2305 S Laramie Avenue is currently listed for $169,999 and was received on March 12, 2024. Want to learn more about 2305 S Laramie Avenue? Do you have questions about finding other Multi-Family real estate for sale in Cicero? You can browse all Cicero real estate or contact a Coldwell Banker agent to request more information.