3851 N Laramie Ave

Chicago, IL 60641
  • $1,250,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 7,050

    SqFt

About the Listing 86545 - 888802,187148

Offered for the first time in nearly four decades, 3851-53 N Laramie / 5155 W Byron is a pride of ownership 7 unit corner masonry building in Portage Park. The building features seven (7) two bedroom, one bath apartments, including one duplex and one garden unit, with updated finishes, stainless steel appliances in select units, radiator heat, and coin operated common laundry. Major building systems have been addressed over time, including a radiant steam boiler replacement in 2018, hot water tank in 2023, copper plumbing (except cold water risers), building wide window replacements, plus a new garage constructed in 2020. Residents enjoy convenient access to retail, restaurants, and public transit along Irving Park and Milwaukee. Utilities are investor friendly with separately metered electric and cooking gas paid by tenants, while ownership covers heat and common area utilities. With stable in place income, historically low vacancy, and clear upside via rent optimization, this well maintained asset is ideal for long term investors seeking durable cash flow in a proven Northwest Side location.

Listing Highlights

Status Pending
Days on Site 8
Property Type Multi-Family
MLS ® 12698755
Year Built 1923
Total Square Footage 7,050
Lot/Acreage 0.14

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Window Unit(s)
  • Heating: Steam,Radiant
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 50X125
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: Detached

Financial Details

  • Tax Amount: $17,731
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 13212080010000
  • Tax Year: 2024

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3851 N Laramie Ave Chicago, IL 60641

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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