1439-41 N Laramie Avenue Chicago, IL 60651
Exceptional opportunity in Austin: a well-maintained 4-unit multifamily building available now. This investment property boasts long-term tenants and generates immediate rental income. All units are occupied are 3 bedroom/1 bathroom, including one non-conforming in-law unit. The property is sold as-is; buyers should verify details, including the legality of the basement units. Three primary units produce $3, 890 monthly, while the fourth unit, currently rented by the owner's relative, could command $1, 500 monthly. An in-law unit brings in $800 per month, and an unfinished second in-law unit offers potential for additional income. The property features two sets of coin-operated laundry machines ($300 monthly), a 5-car garage, and recent updates including a 6-year-old boiler, hot water heater, and new windows. Owner covers heat and water; tenants pay cooking gas and electricity. Enclosed with wrought iron fencing and equipped with a handicap lift off the back deck, this building is perfect for investors looking to build wealth.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyCook
- Taxes$8,433
- HOA/Condo/Coop Fees$0
- Days on Site10 Days
- MLS StatusPending
- MLS ID Number12127999
- Home Size Source N/A
- Year Built1928
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 5
- Sewer Public Sewer
- Basement FullWalkout
- Water PublicLake Michigan
- Property Sub Type Multi Family
- Garage Spaces 5
- General Information Commuter BusCommuter TrainInterstate Access
- Garage Detached
- Rooms Total 23
- Lot Size Less Than .25 Acre
- Parking Total 5
Interior Features
- Heating Natural GasRadiator(s)
Exterior Features
- Waterfront Property No
- Exterior Deck
Community Features
- Township West Chicago
- MLS Area CHI - Austin