2517 N Laramie Avenue
Chicago, IL 60639
- 8 beds
- 3 baths
- – sqft
- 3,485 sqft lot
- 1960 build
- – on site
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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.
Listing courtesy of MRED / Coldwell Banker Residential Brokerage as distributed by MLS GRID
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Last updated Apr 21, 2024
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MLS# 10738477 —
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/2/20
Nov 2, 2020
|
Sold | MRED | $445,000 | -4.3% |
10/27/20
Oct 27, 2020
|
Pending | MRED | $465,000 | |
9/21/20
Sep 21, 2020
|
Sold Subject To Contingencies | MRED | $465,000 |