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.
Property Map
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Property Details
Utilities
Heating Gas
Cooling
Water Lake Michigan, Public
Sewer Sewer-Public, Sewer-Storm
Additional Information
Parking
None/NA, Garage On Site, Owned
Payment Calculator
Listing History
06-06-2020
Listed at $465,000
09-09-2020
Status changed to Under Contract
11-02-2020
Status changed to Closed
11-02-2020
Sold at $445,000
Last Modified 11/2/20 3:44 PM
Nearby Transportation
Bus 74
0.2 mi
Bus 76
0.3 mi
Bus 54
0.5 mi
Bus 85
0.5 mi
Bus 65
0.6 mi
Bus 57
0.6 mi
Bus 73
0.6 mi
Bus 77
0.8 mi
Bus 91
1.0 mi
Bus 72
1.2 mi
Milwaukee West
0.9 mi
I 90 East
2.2 mi
I 94 East
2.2 mi
I 90 West
2.3 mi
I 94 West
2.3 mi
I 290 West
3.8 mi
I 290 East
3.8 mi
For More Information
(312) 528-9200
For more information about 2517 N Laramie, Chicago, IL 60639 contact Corcoran Urban Real Estate.
Broker Reciprocity
Listing provided by Coldwell Banker Residential Brokerage
All information provided is deemed reliable but is not guaranteed and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
