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2455 N Laramie Avenue Chicago, IL $ 1,299,999
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$ 1,299,999 Get more info
2455 N Laramie Avenue
$ 1,299,999
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Share Save

2455 N Laramie Avenue

Chicago, IL, 60639
$ 1,299,999
Bedrooms3 Baths0.0

Monthly Estimate*

$ 8,110

2455 N Laramie Avenue, Chicago, IL 60639 - Image 1
2455 N Laramie Avenue, Chicago, IL 60639 - Image 2
2455 N Laramie Avenue, Chicago, IL 60639 - Image 3
2455 N Laramie Avenue, Chicago, IL 60639 - Image 4
2455 N Laramie Avenue, Chicago, IL 60639 - Image 5

Multi-Family Home for sale in Chicago, IL

for $1,299,999 with 3 bedrooms. This home was built in 1930.

Rare chance to acquire a true cash-flow and appreciation play. This legal 12-unit with 3 garden apartments and a retail storefront is priced to sell- an ideal opportunity for the savvy investor ready to unlock its full potential. Property is being sold "as is, where is". Buyer must purchase subject to existing violations. Located in the heart of Belmont Cragin, this property is surrounded by strong rental demand. There are 13 1 bed units, 2 2 beds and a retail space. The Monthly income is currently $11,475, with 3 vacant units. Tenants are all month to month. Current rents are well below market, offering significant room for rent growth. There is a central boiler. 4 of the 15 units have been updated with new kitchens and bathrooms. Opportunities like this don't last - schedule your walkthrough ASAP.

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Multi-Family Active

Price

$ 1,299,999

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 16,659

Style

Year Built

1930

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12459303
Features
General
Cooling None
Possession Closing
Construction Materials Brick
Year Built 1930
Electric Separate Meters
Tenant Pays Electricity
Stories Count 3
Tax Year 2023
Gross Income 137700
County Cook
Net Operating Income 96000
Operating Expense 41000
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status Active
Directions 2455 N Laramie Ave Chicago IL 60639
City Chicago
Number Of Units Total 15
MLS Area CHI - Belmont Cragin
Tax Annual Amount 16659
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Cap Rate 7.3
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Exterior
Lot Dimensions 7137
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* Excluded Features
List By
Property Plug

Broker

bg@theproperty-plug.com

Email

Affordability Calculator

$9,499
Per Month
85%
15%
0%
Monthly Principal & Interest
$8,110
Monthly Property Taxes
$1,388
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
10/21/2025$1,299,999 0.00% Price Down
8/30/2025$1,300,000 Listed Price

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2455 N Laramie Avenue, Chicago, IL, 60639 is a Multi-Family Home for sale at $1,299,999. 2455 N Laramie Avenue has 3 bedrooms, 0.0 baths, and was built in 1930. The property's zip code is 60639 which is in Chicago, IL

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