2738 North Laramie AvenueChicago, IL 60639Price: $3,200,000

  • Price: $3,200,000
  • 429 Days on Market
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Federal 30-year interest rate: 7.29% last updated on Nov 22, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1931Year Built

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Generational opportunity to own this Large corner L shaped all brick 17 unit apartment building with 8 parking spaces. Entire property underwent an up zoning change to B2-3 and a fully permitted gut rehab in 2021. Everything in building is brand new..roof, windows, doors, plumbing, electric, kitchens, baths etc. Full list of features in additional info. Very low turnover and no vacancies. Couple that with very low maintenance costs for the foreseeable future and you see why this investment property is a massive cash cow for generations to come! Upside potential already exists in raising rents, raising parking rents and adding coin op laundry.

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Listed by David Ryan of Homesmart Connect LLC

Based on information submitted to MRED  as of November 28, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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