Address
3320-24 N LARAMIE Avenue, Chicago, IL
Price
$ 749,900
Property Attributes
  • MLS#12029740
  • TypeContingent
  • CountyCOOK
  • CityChicago
  • AreaCHI - Portage Park
  • NeighborhoodPortage Park
  • Zip60641
  • StyleMulti-Family
  • Year Built1927
  • Taxes$ 9848
  • Price$ 749,900
  • Bedrooms3
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4296
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Corner Brick 6-unit building in Belmont Cragin area, fully occupied. TWO - 2 bedroom units & FOUR -1 bedroom units. Most units have been refurbished. Long term tenants in most units. Excellent opportunity to Value add and increase rents. Leases are all month to month. No City of Chicago violations. Solid building, great investment. Sold AS-IS.

Price History
4/25/2024 Listed $749,900

General Features

Cooling Window Unit(s)
Utilities Water-Municipal
Possession Closing,Tenant's Rights
Zoning MULTI
Association Fee Includes None
Construction Materials Brick
Year Built 1927
Electric Circuit Breakers,Service - 0 to 100 Amps
Tenant Pays Electricity
Stories 2
Tax Year 2022
Current Use Multi-Family
Gross Income 66000
County Cook
Net Operating Income 57400
Operating Expense 8880
Insurance Expense 2400
Property Type Commercial Sale
Contingency Attorney/Inspection
Possible Use Multi-Family
Status Contingent
Directions LARAMIE Between Addison and Belmont
City Chicago
Total Units 6
MLS Area CHI - Portage Park
Street Name LARAMIE
Tax Annual Amount 9848
Electric Expense 900
Fuel Expense 4140
Trash Expense 1740
Water Sewer Expense 2100
Additional Parcels Y/N No
Days on Market 5
Standard Status Active Under Contract
Property Type Multi Family 5+

Interior Features

Street Suffix Avenue
Basement Unfinished

Exterior Features

Foundation Details Concrete Perimeter
Building Area Total 4296
Lot Dimensions 35X120
Frontage Type City Street
Exterior Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 60641

Price
AVG $510K
$750K
Taxes
AVG $7,503
$9,848
Visits
AVG 150
60
Data Provided by Inside Real Estate®
Year Built
AVG 1938
1927

Areas We Cover