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2305 S Laramie Avenue, Cicero, IL 60804

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For Sale
Sale Pending

$169,999

6 beds

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

Explore this Property

$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.
MLS# 12002641

Courtesy Of Compass Real Estate

(773) 466-7150

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Heating System
    Radiant
  • Roof Type
    Asphalt
  • Rooms
    Bedroom

Map and Directions

Directions to 2305 S Laramie Avenue, Cicero, IL 60804
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