2455 N Laramie Ave

$1,299,999
Price
17
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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...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 for 2455 North Laramie Avenue

Area
CHI - Belmont Cragin
Air Conditioning Type
None
LISTING UPDATED: 11/25/2025 03:07 PM

Property Details for 2455 North Laramie Avenue

StatusActive
MLS #12459303
Days on Market98
Taxes$16,659 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1930
Lot Size0.16 AC / 7,137 SF
CountyCook County

Location

Listing Courtesy of Property Plug
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Building Information for 2455 North Laramie Avenue

Stories3Residences15Year Built1930Building Size-Lot Size0.16 AC / 7,137 SF

Payment Calculator

$7,812 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,424

Property Taxes

$1,388

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2455 North Laramie Avenue

General Information
Location and General Information
  • Information: Other-See Remarks,Othr-Call List Agent,3rd Party Approval
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Separate Meters
  • # Of Washers: 3
  • Heat/Ventilation: Central Bldg Heat
  • # Of Dryers: 3
  • Num of Baths: 16.0
Property/Lot Information
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 7137
  • Stories: 3
  • Construction: Brick
  • Roof Structure: Flat
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2025-08-30T01:30:47
  • Photos Count: 5
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 15
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $137,700.00
  • Gross Scheduled Income: $137,700.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
  • Expense Year: 2023
  • Total Annual Expense Source: Owner Projection
  • Janitor Expense: 0
  • Total Monthly Income: 11475
  • Net Operating Income: $96,000.00
  • Operating Expense: $41,000.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 13
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 2455 North Laramie Avenue

DateEvent & SourcePriceAppreciation
Oct 21, 2025

Price Change

MRED #12459303

$1,299,999
Aug 29, 2025

Listed (Active)

MRED #12459303

$1,300,000
Aug 9, 2021

Sold (Public Record)

Public Record #1469246388

$1,220,000

+1.8% / yr

Mar 15, 2007

Expired

MRED #06319637

$999,000
Oct 23, 2006

Listed (Active)

MRED #06319637

$999,000
May 27, 2004

Sold (Public Record)

Public Record #137629039

$899,500
DateEvent & SourcePrice
10/21/2025

Price Change

MRED #12459303

$1,299,999
08/29/2025

Listed (Active)

MRED #12459303

$1,300,000
08/09/2021

Sold (Public Record)

Public Record #1469246388

$1,220,000

+1.8% / yr

03/15/2007

Expired

MRED #06319637

$999,000
10/23/2006

Listed (Active)

MRED #06319637

$999,000
05/27/2004

Sold (Public Record)

Public Record #137629039

$899,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2455 North Laramie Avenue

Taxable ValueLand$12,846Additions$66,108Total$78,954
Tax Record2023$16,659 ($1,388 / month)
Home Facts
Total Finished SqFt1,500 SqFtAbove Grade Finished SqFt1,500 SqFtStories2Lot Size7,137 SqFtStyleMulti-Family Res (5+ Units)Year Built1930CountyCOOKAPN13-28-424-001

Schools near 2455 North Laramie Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - PK to 8
Public - PK to 8
Rating
School
Distance
Hanson Park Elementary School
PublicPK to 8

Foreman High School
Public9 to 12

CHRISTOPHER HOUSE CHRT ES
CharterPK to 8

Belmont-Cragin Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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2455 North Laramie Avenue is a multi-family home for sale in Chicago, IL 60639. This property was listed for sale on August 29, 2025 by Property Plug, it's currently listed at $1,299,999. It has been on the market for a total of 98 days and was last sold on August 9, 2021. This listing's school district is Chicago Public Schools. Nearby schools include Hanson Park Elementary School, Foreman High School and CHRISTOPHER HOUSE CHRT ES. 2455 North Laramie Avenue is a 17-bed, 16-bath, multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Property Plug

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/25/2025 03:07 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.