2455 North Laramie, Chicago IL 60639
Property Description
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.
Features & Information
Key Details
- List Price $1,300,000
- Property Taxes $16,659
- Price/ Sq. Ft. Unavailable
- Year Built 1930
- Status New
Building Information
- Age of Building Older
- Exterior Construction Brick
- Heating & Cooling Central Bldg Heat
Location
- County Cook
- Directions to Property 2455 N Laramie Ave, Chicago Il 60639
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Property Taxes
- Tax 16659
- Parcel Identification Number 13284240010000
Listed by Brianna Gulia for Property Plug | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 9/2/2025 5:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Craigin
A Chicago community spawned from a burst of manufacturing and industry, Cragin is transforming into a family-friendly residential neighborhood with modest homes, landscaped yards and tree-filled parks. On the dining front is a throng of different cuisines. Get your pizza and burrito fix on the same street, or pop in for a Polish sausage or Asian noodle dish a few doors down from each other. Cragin's nightlife is limited to a few neighborhood watering holes, but that seems to be enough to satisfy the local clientele. Regulars like to gather at the Polish bars which you can't miss with names like Rzeszowska Club and Stokrotka Lounge. Cragin's Polish heritage is seen throughout the community in the independent booksellers, video stores, bakeries and gift shops.
Read More About Cragin...
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