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  • $540,000

    1439-41 N Laramie Ave, Cicero, IL 60804

    12beds
    --sqft
    Multi Family
    Built in 1928
    -- sqft lot
    $642,300 Zestimate®
    $--/sqft
    $1,556 Estimated rent

    Home value

    $642,300

    $591,000 - $700,000

    $1,556/mo

    Zestimate® history
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    $1,556/mo

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    $3,854/mo

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    $3,854/mo

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    What's special

    Exceptional opportunity in Austin: a well-maintained 4-unit multifamily building available now. This investment property boasts long-term tenants and generates immediate rental income. All units are occupied are 3 bedroom/1 bathroom, including one non-conforming in-law unit. The property is sold as-is; buyers should verify details, including the legality of the basement units. Three primary units produce $4,200 monthly, while the fourth unit, currently rented by the owner's relative, could command $1,500 monthly. An in-law unit brings in $800 per month, and an unfinished second in-law unit offers potential for additional income. The property features two sets of coin-operated laundry machines ($300 monthly income), a 5-car garage, and recent updates including a 6-year-old boiler, hot water heater, and new windows. Owner covers heat and water; tenants pay cooking gas and electricity. Enclosed with wrought iron fencing and equipped with a handicap lift off the back deck, this building is perfect for investors looking to build wealth.

    Zillow last checked:

    Listing updated:

    Listed by:

    Elias Masud 773-466-7150,

    Compass,

    Aaron Campbell,

    Compass

    Bought with:

    Jose Tenezaca

    RE/MAX City

    Source: MRED as distributed by MLS GRID,MLS#: 12127999MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas, Radiator(s)
    Features
    • Basement: Finished,Partially Finished,Full,Walk-Out Access

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
    • Garage spaces: 5
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Deck
    Lot
    • Size: 6,250 Square Feet
    • Dimensions: 50 X 125
    Details
    • Parcel number: 16042060050000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1928

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan, Public

    Community & HOA

    Location
    • Region: Cicero

    Financial & listing details

    • Annual tax amount: $8,433
    • Date on market: 9/11/2024
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/8/2024Sold$540,000+8%
    Source: MRED as distributed by MLS GRID #12127999 Report a problem
    9/19/2024Pending sale$499,999
    Source: MRED as distributed by MLS GRID #12127999 Report a problem
    9/11/2024Listed for sale$499,999
    Source: MRED as distributed by MLS GRID #12127999 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 60804

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $642,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $642,300