$1,190,000
2159 N Laramie Avenue
Chicago, IL, 60639
Turnkey multi-unit investment property with strong in-place cash flow. The entire building was gut-rehabbed in 2022, including new electrical, new plumbing, new water lines, new gas lines, a new roof, and new windows, offering peace of mind and minimal future capital expenses. The property consists of five residential units plus additional income from laundry and garage parking. All units are currently occupied with long-term tenants, many of whom have renewed multiple times and are likely to continue. Rents reflect the quality of the recent renovation, and supplemental income from laundry and parking further enhances returns. Ideal for investors seeking a stabilized, fully updated asset with reliable income and limited deferred maintenance.
Property Details
Price:
$1,190,000
MLS #:
MRD12560643
Status:
Active
Beds:
9
Baths:
4
Type:
Commercial
Neighborhood:
chibelmontcragin
Listed Date:
Feb 4, 2026
Year Built:
1923
Schools
Interior
Exterior
Construction Materials
Brick
Financial
Maintenance Fee
$1,600
Tax Year
2024
Taxes
$11,077
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Commercial in Chicago as of Feb 05, 2026
954
Commercial Listed
199
Avg DOM
170
Avg $ / SqFt
$986,696
Avg List Price
Community
- Address2159 N Laramie Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60639
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Property Summary
- 2159 N Laramie Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60639. It is listed for $1,190,000 To schedule a showing of MLS#mrd12560643 at 2159 N Laramie Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
2159 N Laramie Avenue
Chicago, IL
