BEDS0
BATHS
MLS#12560643
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Turnkey multi-unit investment property with strong in-place cash flow. The entire building was gut-rehabbed in 2022, including new electrical, new plumbing, new water lines, new gas lines, a new roof, and new windows, offering peace of mind and minimal future capital expenses. The property consists of five residential units plus additional income from laundry and garage parking. All units are currently occupied with long-term tenants, many of whom have renewed multiple times and are likely to continue. Rents reflect the quality of the recent renovation, and supplemental income from laundry and parking further enhances returns. Ideal for investors seeking a stabilized, fully updated asset with reliable income and limited deferred maintenance.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 3,150
Stories: 2.0
Taxes: $11,077
Year Built: 1923
Feature Descriptions
Exterior: Brick
HVAC: Radiant
Lot Dimensions: 3150
Parcel#: 13332150010000
Units: 5
Listed By / Shown By
Listed By
Agency Name: Berkshire Hathaway HomeServices Chicago
Agency Phone: 312-944-8900
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 3,918.59 per month $2,648.42 Principal & Interest $923.08 Property Tax $347.08 Homeowner's InsuranceChange Payment Information
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2159 N Laramie Avenue | MLS# 12560643
This multi-family property located at 2159 N Laramie Avenue, Chicago, IL 60639 is currently listed for sale with an asking price of $1,190,000. Search Chicago real estate on www.bhhscrosby.com today.