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$800,000
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Property Description
4241 N. Laramie Avenue is a legal four-unit building in Portage Park with (4) 2-bedroom/1-bath apartments plus a non-conforming garden unit. Units feature hardwood floors, laminate countertops, a mix of white/stainless appliances, and two surface parking spots. All apartments are boiler-heated except Unit 2S, which has individual HVAC. The property is located just north of Irving Park Road and west of Milwaukee Avenue, one mile from the Montrose Blue Line and near the Six Corners retail and entertainment district. With strong rental income and value-add potential, this is a solid opportunity for investors. Broker does not represent the legality of the garden unit.
Full Property Details
Full Property Details for 4241 N Laramie Ave
General
- Sold For: $800,000
- Taxes: $9,710 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12461144
- Added to Site: 131 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Parking
- Total Spaces: 2
- Parking Features: Yes
Location
- Area: CHI - Portage Park
- County: Cook
- Driving Directions: North of Irving Park Rd. and West of Milwaukee Ave.
School Information
- School District: 130
- Midd School District: 130
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Partially Finished, Full
- Year Built: 1923
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 32 x 125
Financial Considerations
- Assessment Year: 1923
- Tax Amount: $9,710.9
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 13164070210000
Listed by Nara Advisors, Inc
Sold by Komar
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Schools
Schools serving 4241 N Laramie Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Portage Park Elementary School 5330 West Berteau Avenue, Chicago, IL 60641 | PK-8 | 0.2 mi |
Schurz High School 3601 North Milwaukee Avenue, Chicago, IL 60641 | 9-12 | 1.3 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 4241 N Laramie Ave
Date
Details
Price
Change
Source
12/23/2025
Sold
$800,000
-5.33%
MLS
10/09/2025
Price Reduced
$845,000
-5.59%
MLS
9/08/2025
Listed
$895,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4241 N Laramie Avenue, Chicago, IL 60641 (MLS# 12461144) is a Multi-Family property that was sold at $800,000 on December 23, 2025. Want to learn more about 4241 N Laramie Avenue? Do you have questions about finding other Multi-Family real estate for sale in Portage Park? You can browse all Portage Park real estate or contact a Coldwell Banker agent to request more information.

