It looks lifted but judging by how flat the springs are it looks to be a shackle lift.
Looks like the drivers rear main leaf is bent at the shackle so you may want to address suspension sooner rather than later. Have you seen this jeep in person? Does it have other Laredo indicators other than the hood decals? Because those decals don't look oem to me.....them again it does have rocker trim and the picture is kind of fuzzy, so......
'84 CJ-7: Yota axles (spartan locked front, e-locked rear) 4" BDS, 1" Daystar & 3/8" shackle lifts, 35" X-Terrains on steelies, YJ Tub & family roll bar, heater blower upgrade, 4.2L w/MC2100 & Team Rush, Warn 8274. Rebuilt 4.2/4.0 hybrid, AX15 and twin sticks/clocking ring waiting to go in.
The advertised position for a topless, dirty jeep girl has been filled......by my wife. Thanks to all that applied.
<------------and yes, that is her. :-D