$499,999
Active
New Listing
12 Beds0 Baths0 SQFT
Active

1439-41 N Laramie Avenue Chicago, IL 60651

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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, 350-$1, 400 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 Site0 Days
  • MLS StatusActive
  • 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

Schools

School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$2,489
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