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$135,000

  • Sold
  • Closed
  • Multi-Family
  • 6 Total Beds
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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!

Full Property Details for 2305 S Laramie Ave

General

  • Sold For: $135,000
  • Taxes: $4,201 (2022)
  • Status: Closed
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12124327
  • Added to Site: 174 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 6

Parking

  • Parking Type: None

Location

  • Area: Cicero
  • County: Cook
  • Driving Directions: East or West on Cermak Rd, South on Laramie to Address.

School Information

  • School District: 99
  • Midd School District: 99
  • High School: J Sterling Morton East High Scho
  • Private School: J Sterling Morton East High Scho

Heating & Cooling

  • Heating Type: Radiant

Utilities

  • Water: Lake Michigan

Structural Information

  • Exterior Const.: Brick
  • 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: 2022

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 16282070030000

Listed by Compass
Sold by YUB Realty Inc

Listing agents

— 2305 S Laramie Ave —

  • Compass

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 2305 S Laramie Ave

School Districts:Cicero School District 99, J S Morton High School District 201
RatingNameGradesDistance
3
Cicero West Elementary School
4937 W 23rd St, Cicero, IL 60804
PK-30.3 mi
5
Cicero East Elementary School
3003 S 50th Ct, Cicero, IL 60804
4-60.4 mi
3
Unity Junior High School
2115 S 54th Ave, Cicero, IL 60804
7-80.2 mi
1
J Sterling Morton Freshman Center
1801 S 55th Ave, Cicero, IL 60804
9-90.6 mi
3
Morton East High School
2423 S Austin Blvd, Cicero, IL 60804
9-121 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
8/27/2024
Sold
$135,000
-10%
MLS
7/29/2024
Listed
$149,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Compass
Sold by YUB Realty Inc

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Recent Sales near 2305 S Laramie Ave

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2305 S Laramie Avenue, Cicero, IL 60804 (MLS# 12124327) is a Multi-Family property that was sold at $135,000 on August 27, 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.

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