Address
2517 N Laramie Avenue Chicago, IL
Price
$ 465,000
Property Attributes
  • MLS#10738477
  • TypeContingent
  • CountyCOOK
  • CityChicago
  • AreaCHI - Belmont Cragin
  • NeighborhoodCragin
  • Zip60639
  • Style
  • Year Built1960
  • Taxes6101
  • Price$ 465,000
  • Bedrooms8
  • Full Bathrooms3
  • Half Bathrooms0
  • Lot Size3,485 SqFt
Listing Provided Courtesy Of:
Coldwell Banker Residential Brokerage
Property Description

Armchair investment is waiting for you. Upper floors include 3-bedroom units. Garden unit is a 2-bedroom. Live in one, let the other two pay the mortgage. Updates have been made throughout. Property has been maintained well by longtime owners. Rents could be higher ($500 a month?) to improve already strong cash flow. Building already generating 7.1% cap rate, 13.8% cash-on-cash return. Tenants pay heat, gas and electric. Amenities include two-car garage, laundry, back yard. Roof is approximately seven years old. Excellent access to public transportation.

Price History
6/6/2020 Listed $465,000

General Features

Community Features Sidewalks, Street Lights, Street Paved
Exterior Features Patio, Storms/Screens, Cable Access
Heating Natural Gas
New Construction No
Property Type Residential Income
Property Type Two to Four Units
Sewer Public Sewer, Sewer-Storm
Standard Status Active Under Contract

Interior Features

Basement Unfinished
Bedroomspossible 8
Full Baths Building 3
Full Baths Unit 1 1
Full Baths Unit 2 1
Full Baths Unit 3 1
Total Baths 3
Total Bedrooms 8

Exterior Features

Exterior Brick
Garage Onsite Yes
Garage Ownership Owned
Garage Type Detached
Lot Dimensions 30 X 125
Water Source Lake Michigan, Public

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60639

Price
AVG $330K
$470K
Taxes
AVG $4,470
$6,101
Visits
AVG 50
55
Year Built
AVG 1930
1960
Walkscore
AVG 80
89
Data Provided by Walkscore ® not using MLS data

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