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Three-Unit Brick Triplex
For Sale
$450,000

1324 N Laramie Avenue, Chicago, IL 60651

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market8

Property Features for 1324 N Laramie Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 2, Basement, Bedroom 7, Bathroom 1, Bathroom 4, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 8, Bedroom 6
Parking 4
Parking features Off Alley
Basement Finished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions Laramie Ave between North Ave and W Division St. Property is on the west side of Laramie.
Subdivision CHI - Austin
Standard status Active
APN 16041210250000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 6041

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Building Details

Year built 1958
Building materials Brick
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: Michael Saladino · License #471019865
Added: Sep 15 Changed: Sep 21 Last Checked: Sep 22 at 4:06AM
MLS# 12760471

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This three-unit multifamily property in Chicago was built in 1958 and is constructed with brick. The building contains eight bedrooms and four bathrooms across its residential layout, along with a basement. Natural-gas heating, public sewer service, and off-alley parking are included.

The property is located at 1324 N Laramie Avenue in Chicago’s 60651 ZIP code, with access to nearby transportation, major roadways, shopping, and a park. A pending City of Chicago court matter involves a porch violation; the purchaser will assume responsibility for required repairs and compliance. The transaction is limited to cash buyers, and all occupants are expected to vacate before closing.

Key Highlights

  • Three‑unit multifamily property with 8 bedrooms
  • Brick construction; built in 1958
  • Four bathrooms and a basement

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,000
Businesses Nearby

Demographics for 60651, IL

62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Brick multifamily property with natural-gas heat and off-alley parking.
Where is this triplex located?
The property is located at 1324 N Laramie Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Three‑unit multifamily property with 8 bedrooms; Brick construction; built in 1958; Four bathrooms and a basement
More about this property
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