2305 S Laramie Avenue Cicero, IL $ 169,999
2305 S Laramie Avenue
$ 169,999
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2305 S Laramie Avenue

Cicero, IL, 60804
$ 169,999
Bedrooms6 Baths4.0

Monthly Estimate*

$ 1,187

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Multi-Family Home for sale in Cicero, IL

for $169,999 with 6 bedrooms and 4 full baths. This home was built in 1910.

$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.

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Multi-Family Contingent

Price

$ 169,999

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,201

Style

Year Built

1910

Town/City

Cicero

County/Region

Cook

MLS | Web ID

12002641

Features
General
Sewer Public Sewer
Heating Radiant
Possession Closing
Roof Asphalt
Year Built 1910
Township Cicero
Tax Year 2021
Percent Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 15
Status Contingent
Directions East or West on Cermak Rd South on Laramie to Address.
High School J Sterling Morton East High Scho
City Cicero
High School District 201
MLS Area Cicero
Waterfront Y/N N
Street Name Laramie
Tax Annual Amount 4201.83
Additional Parcels Y/N N
Virtual Tour https://tour.vht.com/434347215/2305-s-laramie-cicero-il-60804/idxs
Days on Market 10
Standard Status Active Under Contract
Middle/Junior School District 99
Elementary School District 99
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Interior
Basement Partial Unfinished
Street Suffix Avenue
Total Bedrooms 6
Total Baths 4
Bedrooms Possible 6
Full Baths Building 4
Half Baths Building 0
Total Number of Units 3
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Exterior
Water Source Lake Michigan
Total Parking 0
Lot Dimensions 2550
Exterior Brick
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* Excluded Features
List By
Compass

Broker

ken.dooley@compass.com

Email

Affordability Calculator

$1,538
Per Month
77%
23%
0%
Monthly Principal & Interest
$1,187
Monthly Property Taxes
$350
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
568051 Elementary School
567204 Middle School
J Sterling Morton East High Scho High School
Pricing History
DatePricePrice ChangeDescription
3/12/2024$169,999 Listed Price

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2305 S Laramie Avenue, Cicero, IL, 60804 is a Multi-Family Home for sale at $169,999. 2305 S Laramie Avenue has 6 bedrooms, 4.0 baths, and was built in 1910. The property's zip code is 60804 which is in Cicero, IL