47,000 TO $49,000 IN RENTS AWAITS THE SAVVY INVESTOR! THIS IS A GUT REHAB PROJECT!! 3 Residential units!! 7 residential beds with 4 bathrooms & 3 kitchens! Solid Brick Multi-Unit Building in a great location just 1 block from the Cermak Ave shopping corridor & 2 blocks from the CTA Pink Train Station! The building is being sold "As-Is" and is perfectly suited for a complete gut remodel! Bring your investors and remodelers!! New owner has option to make use front unit as a small storefront with low impact of foot traffic. Owners & I had meeting with Cicero confirming the 3 residential units, the parking variance being grandfathered in! There are NO CREDITS of any kind with this property! ***This building upon remodeled has a solid potential for 10% CAP RATE cash on cash based on area rents!
Closed
$135,000
2305 S Laramie Ave, Cicero, IL 60804
4beds
--sqft
Multi Family
Built in 1910
-- sqft lot
$469,000 Zestimate®
$--/sqft
$1,944 Estimated rent
Home value
$469,000
$417,000 - $521,000
$1,944/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Marcello Navarro 773-466-7150,
Compass,
Kenneth Dooley 312-305-4919,
Compass
Bought with:
Maximilano DeSantiago
YUB Realty Inc
Source: MRED as distributed by MLS GRID,MLS#: 12124327
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Radiant
Features
- Basement: Unfinished,Partial
Property
Lot
- Size: 2,550 Square Feet
Details
- Parcel number: 16282070030000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Location
- Region: Cicero
Financial & listing details
- Tax assessed value: $230,000
- Annual tax amount: $4,201
- Date on market: 7/29/2024
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2024 | Sold | $135,000-10% |
Source:  MRED as distributed by MLS GRID #12124327 Report a problem | ||
| 8/15/2024 | Contingent | $149,999 |
Source: MRED as distributed by MLS GRID #12124327 Report a problem | ||
| 7/29/2024 | Listed for sale | $149,999 |
Source: MRED as distributed by MLS GRID #12124327 Report a problem | ||
| 7/13/2024 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #12047003 Report a problem | ||
| 5/9/2024 | Contingent | $149,999 |
Source: MRED as distributed by MLS GRID #12047003 Report a problem | ||
| 5/3/2024 | Listed for sale | $149,999-11.8% |
Source: MRED as distributed by MLS GRID #12047003 Report a problem | ||
| 5/3/2024 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #12002641 Report a problem | ||
| 5/3/2024 | Contingent | $169,999 |
Source: MRED as distributed by MLS GRID #12002641 Report a problem | ||
| 5/3/2024 | Listed for sale | $169,999 |
Source: MRED as distributed by MLS GRID #12002641 Report a problem | ||
| 3/21/2024 | Contingent | $169,999 |
Source: MRED as distributed by MLS GRID #12002641 Report a problem | ||
| 3/12/2024 | Listed for sale | $169,999-10.5% |
Source: MRED as distributed by MLS GRID #12002641 Report a problem | ||
| 3/12/2024 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11990711 Report a problem | ||
| 2/27/2024 | Listed for sale | $189,999-2.6% |
Source: MRED as distributed by MLS GRID #11990711 Report a problem | ||
| 2/27/2024 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11958014 Report a problem | ||
| 1/8/2024 | Price change | $194,999-2.5% |
Source: MRED as distributed by MLS GRID #11958014 Report a problem | ||
| 11/15/2023 | Listed for sale | $199,999-9.1% |
Source: MRED as distributed by MLS GRID #11931399 Report a problem | ||
| 11/15/2023 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11907548 Report a problem | ||
| 10/12/2023 | Listed for sale | $219,900-11.7% |
Source: MRED as distributed by MLS GRID #11907548 Report a problem | ||
| 10/12/2023 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11887512 Report a problem | ||
| 9/27/2023 | Listed for sale | $249,000-0.4% |
Source: MRED as distributed by MLS GRID #11887512 Report a problem | ||
| 5/30/2023 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11667624 Report a problem | ||
| 11/4/2022 | Listed for sale | $249,900 |
Source: MRED as distributed by MLS GRID #11667624 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,056 +3.5% | $23,000 +0% |
| 2023 | $7,781 +0.7% | $22,999 +30% |
| 2022 | $7,730 +1.2% | $17,698 |
| 2021 | $7,640 +2.9% | $17,698 |
| 2020 | $7,428 -19.3% | $17,698 -6.2% |
| 2019 | $9,203 +2.6% | $18,864 |
| 2018 | $8,968 +3.9% | $18,864 |
| 2017 | $8,632 +26.6% | $18,864 +32.8% |
| 2016 | $6,818 +1.2% | $14,207 |
| 2015 | $6,737 +3.8% | $14,207 |
| 2014 | $6,493 +9% | $14,207 -1.4% |
| 2013 | $5,954 +4.9% | $14,410 |
| 2012 | $5,675 +1.4% | $14,410 |
| 2011 | $5,599 -14.6% | $14,410 -29% |
| 2010 | $6,557 -0.9% | $20,308 |
| 2009 | $6,613 -1.4% | $20,308 -15% |
| 2008 | $6,707 +23.4% | $23,892 +28.4% |
| 2007 | $5,436 +4.7% | $18,612 |
| 2006 | $5,194 -0.1% | $18,612 |
| 2005 | $5,202 -17.1% | $18,612 -6.6% |
| 2004 | $6,275 +5% | $19,921 |
| 2003 | $5,975 | $19,921 |
Find assessor info on the county website
Neighborhood: 60804
Nearby homes
- $300,0004 bd2 ba2.5k sqft2303 S Laramie Ave, Cicero, IL 60804Sold
- $999,00010 bd6 ba-- sqft2301 S Laramie Ave, Cicero, IL 60804For Sale
- $--2 bd1 ba800 sqft2301 S Laramie Ave #1, Cicero, IL 60804Off Market
- $--3 bd2 ba1k sqft2301 S Laramie Ave #2, Cicero, IL 60804Off Market
- $1,9502 bd1 ba800 sqft2301 S Laramie Ave #3, Cicero, IL 60804For Rent
- $264,5004 bd2 ba1.1k sqft5139 W 23rd St, Cicero, IL 60804Off Market
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- $368,0004 bd3 ba1.7k sqft5135 W 23rd St, Cicero, IL 60804Off Market
Nearby schools
GreatSchools rating
- 3/10Cicero West Elementary SchoolGrades: PK-3Distance: 0.3 mi
- 3/10Unity Jr High SchoolGrades: 7-8Distance: 0.3 mi
- NAJ Sterling Morton Freshman CenterGrades: 9Distance: 0.6 mi
Schools provided by the listing agent
- High: J Sterling Morton East High Scho
- District: 99
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
$469,000
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Estimated market value
$469,000
- Illinois
- Cook County
- Cicero
- 60804
- 2305 S Laramie Ave
Nearby cities
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