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Duplex with In-Law Suite
New
For Sale
$650,000

1015 N Laramie Avenue, Chicago, IL 60651

Two separate three-bedroom residences sit above a finished basement suite with two rooms and a full bath.

Property SizeContact for details
Days on Market5

Property Features for 1015 N Laramie Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,505

Amenities

porch with deck
central air
washer/dryer hookups

Building Details

Year Built 1918
Buildings 1
Listing Agency: Realty of America, LLC
Listed By: Monica Vinanzaca
Source: Harkinsandassociates
Added: Sep 23 Changed: Sep 27 Last Checked: Sep 27 at 2:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty of America, LLC

Investment Insights

Based on property information with market context.

This 1918 duplex contains two residences, each with three bedrooms, an open kitchen and dining area, and a full bathroom. The finished basement adds an in-law suite with two rooms and a full bath. A wood porch with deck provides outdoor space, and the concrete parking area accommodates at least four vehicles.

Recent work includes new electrical and plumbing, windows, roof, flooring, mechanical systems, sump pump, and ejector pump, along with tuckpointing. Each residence has its own HVAC system, electrical panel, water heater, and washer and dryer hookups.

Key Highlights

  • Two residences, each with three bedrooms and an open kitchen and dining area
  • Finished basement suite with two rooms and a full bath
  • Separate HVAC system, electrical panel, water heater, and washer and dryer hookups for each residence

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Gym & Fitness Center

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,044
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?
Duplex - Two separate three-bedroom residences sit above a finished basement suite with two rooms and a full bath.
Where is this duplex located?
The property is located at 1015 N Laramie Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two residences, each with three bedrooms and an open kitchen and dining area; Finished basement suite with two rooms and a full bath; Separate HVAC system, electrical panel, water heater, and washer and dryer hookups for each residence
More about this property
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