$1,300,000
2455 N Laramie Avenue
Chicago, IL, 60639
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.
Property Details
Price:
$1,300,000
MLS #:
MRD12459303
Status:
Active
Beds:
0
Baths:
0
Address:
2455 N Laramie Avenue
Type:
Commercial
Neighborhood:
chibelmontcragin
City:
Chicago
Listed Date:
Aug 29, 2025
State:
IL
ZIP:
60639
Year Built:
1930
Schools
Interior
Cooling
None
Exterior
Construction Materials
Brick
Financial
Tax Year
2023
Taxes
$16,659
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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