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Brick Three-Unit Multifamily Building
New
For Sale
$415,000

1324 N Laramie Avenue, Chicago, IL 60651

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market7

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, Bathroom 4, Bedroom 4, Bedroom 6, Bedroom 7, Bedroom 8, Bedroom 3, Bathroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 5
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: Aug 14 Changed: Aug 20 Last Checked: Aug 20 at 8:06AM
MLS# 12720316

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 Chicago multifamily property contains three distinct residential units and eight bedrooms overall. The 1958 building features brick construction, natural gas heating, public sewer service, and parking accessed from the alley. A basement is also included in the property’s room configuration.

The property is located near a park, transportation options, major roadways, and shopping. The occupants are expected to vacate before closing, allowing the next owner to take possession without existing occupants remaining in place.

Key Highlights

  • Three‑unit multifamily property with 8 total bedrooms
  • Brick construction completed in 1958
  • Natural gas heating system

Property Analytics

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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Triplex - Three separate residences provide a practical multifamily configuration with eight bedrooms in total.
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 $415,000.
What are key features of this property?
This property features: Three‑unit multifamily property with 8 total bedrooms; Brick construction completed in 1958; Natural gas heating system
More about this property
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