3803 N Laramie Avenue Chicago, IL ^$ 975,000

3803 N Laramie Avenue

^$ 975,000

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3803 N Laramie Avenue

Chicago, IL, 60641

^$ 975,000

Bedrooms3 Baths0.0

Monthly Estimate*

^$ 6,156

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Multi-Family Home for sale in Chicago, IL

for $975,000 with 3 bedrooms. This home was built in 1928.

GREAT INVESTMENT OPPORTUNITY IN PORTAGE PARK! Well-maintained corner 6-flat featuring 4 one-bedroom/one-bath units and 2 two-bedroom/one-bath units. Separate utilities with individual heat and hot water tanks for each unit. Tenants pay their own heat, hot water, and cooking gas. All units are currently rented with rents below market, offering excellent upside potential. The property provides strong positive cash flow, plus additional income from a 2-car garage rented for $200/month, coin-operated laundry, and basement storage units. Full tear off roof in 2021. Great Portage Park location. Building is fully occupied. 48-hour notice required for all showings.

Multi-Family Active

Price

^$ 975,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 15,995

Style

Multi-Family

Year Built

1928

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12771702

Features

General

Cooling None

Possession Closing

Zoning MULTI

Association Fee Includes None

Construction Materials Brick

Year Built 1928

Electric Circuit Breakers

Tenant Pays Electricity Heat Hot Water

Stories Count 2

Township Jefferson

Tax Year 2025

Current Use Multi-Family

Gross Income 8500

County Cook

Net Operating Income 68805

Operating Expense 33195

Insurance Expense 4000

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 0

Possible Use Multi-Family

Status New

Directions Corner of Grace & Laramie

City Chicago

Number Of Units Total 6

MLS Area CHI - Portage Park

Tax Annual Amount 15995

Electric Expense 360

Fuel Expense 600

Trash Expense 4200

Water Sewer Expense 3840

Additional Parcels Y/N N

Standard Status Active

Cap Rate 7.06

Interior

Basement Unfinished

Total Fireplaces 0

Exterior

Foundation Details Concrete Perimeter

Lot Dimensions 34X125

Frontage Type City Street

* Excluded Features

List By

Optimus Realty Inc

Broker

sebimk7r@gmail.com

Affordability Calculator

$7,489

Per Month

Monthly Principal & Interest: $6,156
Monthly Property Taxes: $1,333
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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 ^$643,809

Percent of Sale Price 34%

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.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/30/2026	$975,000		Listed Price

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3803 N Laramie Avenue, Chicago, IL, 60641 is a Multi-Family Home for sale at $975,000. 3803 N Laramie Avenue has 3 bedrooms, 0.0 baths, and was built in 1928. 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 6.49% 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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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 10/6/2026.

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3803 N Laramie Avenue

Multi-Family Home for sale in Chicago, IL

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