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$999,900
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Property Description
Incredible investment opportunity! This 8-unit property features six spacious residential apartments, each offering 4 bedrooms, 1 bath, and hardwood floors throughout. Two additional commercial units provide extra income potential. With a total proforma gross income of 14,784 per month, this property is a true cash flow generator. Large units, desirable layout, and prime income potential - a must-see for serious investors!
Full Property Details
Full Property Details for 158 N Laramie Ave
General
- Price: $999,900
- Taxes: $14,676 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12349493
- Updated: 5/3/2025
- Added to Site: 310 day(s) ago
Location
- Area: CHI - Austin
- County: Cook
- Township: West Chicago
- Driving Directions: LARAMIE ONE BLOCK N. OF WASHINGTON BLVD. TO PROPERTY.
- Location Details: Chicago West
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Gas
Utilities
- Onsite: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Foundation: Concrete Perimeter
- Stories/Levels: 4
- # of Stores: 2
- Year Built: 1927
- Built Before 1978: Yes
Unit Information
- # Tenants: 8
Lot Features
- Lot Size (Sq. Ft.): 6,300
- Lot Dimensions: 100 x 100
- Frontage: City Street
- Zoning: MULTI
Financial Considerations
- Lease Price: $4
- Operating Expenses: $41,076
- Assessment Year: 1927
- Tax Amount: $14,676.28
- Tax Year: 2023
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Property ID: 16093130510000
Listed by YBRS Realty Inc.
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Schools
Schools serving 158 N Laramie Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Spencer Technology Acad Elementary School 214 North Lavergne Avenue, Chicago, IL 60644 | PK-8 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 158 N Laramie Ave
Date
Details
Price
Change
Source
4/27/2025
Listed
$999,900
611.67%
MLS
11/21/2014
Sold
$140,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 158 N Laramie Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$14,676
3%
$69,559
—
2022
$14,307
2%
$69,559
—
2021
$13,988
42%
$69,559
57%
2020
$9,867
11%
$44,293
—
2019
$8,899
218%
$44,293
213%
2018
$2,795
-10%
$14,150
-2%
2017
$3,107
7%
$14,433
—
2016
$2,891
10%
$14,433
—
2015
$2,636
-68%
$14,387
-67%
2014
$8,211
-12%
$44,256
-13%
2013
$9,303
1%
$51,149
—
2012
$9,179
—
$51,149
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 158 N Laramie Ave
158 N Laramie Avenue, Chicago, IL 60644 (MLS# 12349493) is a Commercial property. 158 N Laramie Avenue is currently listed for $999,900 and was received on April 27, 2025. Want to learn more about 158 N Laramie Avenue? Do you have questions about finding other Commercial real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

