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201 N Laramie Ave
Chicago, IL 60644 Austin

$775,000 USD

Apartments For Sale  •  6,966 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,966 SF
  • Lot Size 0.08 AC
  • Building Class C
  • Year Built 1902
  • Zoning RS-3
70 Transit Score
80 Walk Score

Highlights

Professional Offering Memorandum Available Upon Request
Favorable Mix of [1] 1BD/1BA, [4] 2BD/1BA, and [2] 3BD/1BA Units
Stabilized, Cash-Flowing Asset; Investor to Achieve 9.6% Cap Returns on Day One
Ownership Recently Upgraded Units with New Kitchens, Bathrooms, Floors, and Appliances
5/8 Units are Occupied by Subsidy Tenants
Located Two Blocks from Laramie CTA Green Line Stop

Public Transportation

Commuter RailDriveWalkDistance
Grand/Cicero (Milwaukee West - Metra) 5 min - 2.6 mi
Hanson Park (Milwaukee West - Metra) 6 min - 3.0 mi
Transit/SubwayDriveWalkDistance
Laramie Station (Green Line - Chicago Transit Authority "L" Trains (The "L")) 0 min 5 min 0.2 mi
Cicero Station (Green Line) (Green Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 13 min 0.7 mi
Central Station (Green Line) (Green Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 14 min 0.7 mi
AirportDriveWalkDistance
Chicago Midway International 13 min - 7.4 mi
Chicago O'Hare International 25 min - 14.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 3
Type: Surface
Included in Rent: Yes
Robert Berman 312-610-1705 Nara Realty Advisors
Robert Berman 312-610-1705 Nara Realty Advisors