2517 N Laramie Avenue

Chicago, IL
$ 465,000 Beds 8 Baths 3
Monthly Estimate* How much can I afford?

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.

Contingent

  • Price
  • $ 465,000
  • Lot Size
  • 3,485 SqFt
  • Bedrooms
  • 8
  • Full Bathrooms
  • 3
  • Year Built
  • 1960
  • Half Bathrooms
  • 0
  • City, Zip
  • Chicago
  • Taxes
  • 6101
  • County
  • COOK
  • Style
  • Area
  • CHI - Belmont Cragin
  • MLS#
  • 10738477
  • Zip
  • 60639
Listing Provided by: Coldwell Banker Residential Brokerage

Features

General

Community Features Sidewalks, Street Lights, Street Paved
Exterior Features Patio, Storms/Screens, Cable Access
Heating Natural Gas
New Construction No
Property Type Residential Income
Property Type Two to Four Units
Sewer Public Sewer, Sewer-Storm
Standard Status Active Under Contract

Interior Features

Basement Unfinished
Bedroomspossible 8
Full Baths Building 3
Full Baths Unit 1 1
Full Baths Unit 2 1
Full Baths Unit 3 1
Total Baths 3
Total Bedrooms 8

Exterior Features

Exterior Brick
Garage Onsite Yes
Garage Ownership Owned
Garage Type Detached
Lot Dimensions 30 X 125
Water Source Lake Michigan, Public

Amenities

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

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Rochelle, IL office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/6/2020 Listed $465,000

Property vs Zip Code Average in 60639

Price
AVG $320K
$470K
Taxes
AVG $4,418
$6,101
Visits
AVG 79
50
Year Built
AVG 1930
1960
Walkscore
AVG 80
89
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

2517 N Laramie Avenue Chicago, IL is a Single Family Home for sale at $465000 and a lot size of 3,485 SqFt Acre(s). 2517 N Laramie Avenue Chicago has 8 bedrooms, 3 baths and was built in 1960. The property's zip code is 60639 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.