2455 North Laramie Avenue, Chicago, IL

$1,300,000

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About 2455 North Laramie Avenue

Rare chance to acquire a true cash-flow and appreciation play. This legal 12-unit with 3 garden apartments and a retail storefront is priced to sell- an ideal opportunity for the savvy investor ready to unlock its full potential. Property is being sold "as is, where is". Buyer must purchase subject to existing violations. Located in the heart of Belmont Cragin, this property is surrounded by strong rental demand. There are 13 1 bed units, 2 2 beds and a retail space. The Monthly income is currently $11,475, with 3 vacant units. Tenants are all month to month. Current rents are well below market, offering significant room for rent growth. There is a central boiler. 4 of the 15 units have been updated with new kitchens and bathrooms. Opportunities like this don't last - schedule your walkthrough ASAP.

Features of 2455 North Laramie Avenue

MLS® # 12459303
Price $1,300,000
Bathrooms 0.00
Acres 0.00
Year Built 1930
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 2455 North Laramie Avenue
Area CHI - Belmont Cragin
City Chicago
County Cook
State IL
Zip Code 60639

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling None
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 53
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

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Contact Infobg@theproperty-plug.com

Listing Map

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