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    600 N Laramie Ave Chicago, IL 60644

    Pending
    For Sale
    $599,999

    Commercial Sale - Chicago, IL

    Days on Market:
    36
    Last Refresh:
    Dec 11 at 7:06 am

    Property Features for 600 N Laramie Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    MULTI
    APN
    16091130380000

    Building Details

    Year built
    1915
    Number of units
    6
    Architectural style
    Other

    Core Realty and Investments, Inc (224) 235-4336 [email protected]

    Listing agent Riyazuddin Mohammed (224) 235-4336 License #475184252

    Listing date Nov 6, 2025

    MLS# 11973448 Listing URL

    Copyright © 2025 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.

    Overview

    Turnkey Multi-Unit Building in Chicago

    This is a turnkey multi-unit building with low expenses and strong cash flow. A brand new tear-off roof was installed in 2024, and a brand new sidewalk was professionally installed by the City of Chicago in September 2025. Each unit has a new individual furnace. Tenants pay for electric, heat, and cooking gas. The property features new high-efficiency Low-E Argon Gas double-hung windows and two new high-efficiency water heaters. A newer rear porch is present. Extensive parapet, lintel, and tuck-pointing masonry work has been completed. The apartments are described as beautiful, sun-filled, and spacious, featuring formal living and dining spaces and large bedrooms. A two-car garage is included. The property offers easy access to public transportation, with a CTA bus stop immediately outside the building and the Green Line just three blocks away. The Laramie Bus and Chicago Ave bus line are located four blocks from the property. The property is located in Chicago, IL.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.75583
    Latitude
    41.8913497

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    FAQs

    What type of property is this?
    Apartment building - Turnkey multi-unit building with new roof, sidewalk, and individual furnaces.
    Where is this apartment building located?
    The property is located at 600 N Laramie Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $599,999.
    What are key features of this property?
    This property features: - Turnkey multi-unit building with strong cashflow and low expenses.; - Tenants pay for electric, heat, and cooking gas.; - Brand new tear-off roof (2024) and sidewalk (2025).
    (224) 235-4336
    Request Owner's contact information
    600 N Laramie Ave Chicago, IL 60644
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    Chicago, IL 60644
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    600 N Laramie Ave Chicago, IL 60644
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