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$1,299,999
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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.
Full Property Details
Full Property Details for 2455 N Laramie Ave
General
- Price: $1,299,999
- Taxes: $16,659 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12459303
- Updated: 10/27/2025
- Added to Site: 141 day(s) ago
Location
- Area: CHI - Belmont Cragin
- County: Cook
- Driving Directions: 2455 N Laramie Ave, Chicago IL 60639
Heating & Cooling
- Cooling Type: None
- Heating Type: Central Building Heat
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 3
- Year Built: 1930
- Built Before 1978: Yes
Unit Information
- # Dryers: 3
Lot Features
- Lot Dimensions: 7137
Financial Considerations
- Operating Expenses: $41,000
- Assessment Year: 1930
- Tax Amount: $16,659
- Tax Year: 2023
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 13284240010000
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Schools
Schools serving 2455 N Laramie Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Hanson Park Elementary School 5411 West Fullerton Avenue, Chicago, IL 60639 | PK-8 | 0.4 mi |
Foreman High School 3235 North Leclaire Avenue, Chicago, IL 60641 | 9-12 | 1 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 2455 N Laramie Ave
Date
Details
Price
Change
Source
10/21/2025
Price Reduced
$1,299,999
—
MLS
8/29/2025
Listed
$1,300,000
6.56%
MLS
8/09/2021
Sold
$1,220,000
—
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 2455 N Laramie Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$16,659
3%
$78,954
—
2022
$16,239
2%
$78,954
—
2021
$15,877
-1%
$78,954
10%
2020
$16,035
11%
$71,982
—
2019
$14,462
2%
$71,982
—
2018
$14,219
-5%
$71,982
4%
2017
$14,916
7%
$69,289
—
2016
$13,878
9%
$69,289
—
2015
$12,697
-1%
$69,289
—
2014
$12,856
2%
$69,289
—
2013
$12,602
1%
$69,289
—
2012
$12,434
—
$69,289
—
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 2455 N Laramie Ave
2455 N Laramie Avenue, Chicago, IL 60639 (MLS# 12459303) is a Commercial property. 2455 N Laramie Avenue is currently listed for $1,299,999 and was received on August 29, 2025. Want to learn more about 2455 N Laramie Avenue? Do you have questions about finding other Commercial real estate for sale in Belmont Cragin? You can browse all Belmont Cragin real estate or contact a Coldwell Banker agent to request more information.

