Kiser Group is pleased to exclusively offer 2125-2131 Laramie for sale. This is currently configured as a
mixed-use style building located in Cicero, IL. The listing consists of 2 PIN's totaling 8,925 sf and includes a
building with 12 apartments & 6 retail spaces, and a surface parking lot on the north side. The apartments
offer a current unit mix of 2 studio units, 6 one-bedroom units, and 4 two-bedroom units of the building. It is
located directly across the street from the 54th & Cermak CTA Pink Line Terminal offering tenants easy and
fast access to downtown Chicago.
Several of the apartments were renovated under current ownership and are now leased out. The
commercial spaces, which total approximately 4,500 sf, have been rezoned with the Town of Cicero for 6
residential units. A buyer with construction resources can come in and build brand new apartment units to
increase number of apartments by 50%, while collecting income from the stabilized units.
This high visibility location presents the opportunity for outside advertising income for the new owner.
Also, it is directly across the street from the Jr High School, which would be an attractive tenant draw for
two-bedroom units and potential new three-bedroom units. Additional income sources would be the rare
off-street parking for the area, and laundry.
