4241 N Laramie Avenue Chicago, IL ^$ 845,000

4241 N Laramie Avenue

^$ 845,000

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4241 N Laramie Avenue

Chicago, IL, 60641

^$ 845,000

Bedrooms8 Baths4.0

Monthly Estimate*

^$ 5,272

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4241 N Laramie Avenue, Chicago, IL 60641 - Image 9

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4241 N Laramie Avenue, Chicago, IL 60641 - Image 11

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Multi-Family Home for sale in Chicago, IL

for $845,000 with 8 bedrooms and 4 full baths. This home was built in 1923.

4241 N. Laramie Avenue is a legal four-unit building in Portage Park with (4) 2-bedroom/1-bath apartments plus a non-conforming garden unit. Units feature hardwood floors, laminate countertops, a mix of white/stainless appliances, and two surface parking spots. All apartments are boiler-heated except Unit 2S, which has individual HVAC. The property is located just north of Irving Park Road and west of Milwaukee Avenue, one mile from the Montrose Blue Line and near the Six Corners retail and entertainment district. With strong rental income and value-add potential, this is a solid opportunity for investors. Broker does not represent the legality of the garden unit.

Multi-Family Contingent

Price

^$ 845,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 9,710

Style

Year Built

1923

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12461144

Features

General

Sewer Public Sewer

Heating Natural Gas Forced Air

Possession Closing

Construction Materials Brick

Year Built 1923

Township Jefferson

Tax Year 2023

Ownership Fee Simple

Gross Income 79200

County Cook

Insurance Expense 4200

New Construction N

Property Type Residential Income Two to Four Units

Contingency Attorney/Inspection

Total Rooms 24

Status Contingent

Directions North of Irving Park Rd. and West of Milwaukee Ave.

City Chicago

High School District 130

MLS Area CHI - Portage Park

Tax Annual Amount 9710.9

Electric Expense 400

Fuel Expense 5000

Water Sewer Expense 3000

Standard Status Active Under Contract

Middle/Junior School District 130

Elementary School District 130

Interior

Basement Partially Finished Full

Total Bedrooms 8

Total Baths 4

Bedrooms Possible 8

Full Baths Building 4

Half Baths Building 0

Total Number of Units 4

Exterior

Parking Features Yes

Water Source Public

Total Parking 2

Lot Dimensions 32X125

Waterfront Y/N N

* Excluded Features

List By

Nara Advisors, Inc

Broker

rb@naraadvisors.com

Affordability Calculator

$6,081

Per Month

Monthly Principal & Interest: $5,272
Monthly Property Taxes: $809
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$618,348

Percent of Sale Price 27%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

564608 Elementary School

565519 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/9/2025	$845,000	-5.59%	Price Down
9/8/2025	$895,000		Listed Price

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4241 N Laramie Avenue, Chicago, IL, 60641 is a Multi-Family Home for sale at $845,000. 4241 N Laramie Avenue has 8 bedrooms, 4.0 baths, and was built in 1923. The property's zip code is 60641 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/10/2025.

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4241 N Laramie Avenue

Multi-Family Home for sale in Chicago, IL

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