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Two-Unit Stucco Duplex
For Sale
$350,000

1517 N Laramie Avenue, Chicago, IL 60651

Residential Income, Chicago, IL

Property SizeContact for details
Lot Size0.08 Acres
Days on Market47

Property Features for 1517 N Laramie Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bathroom 2, Laundry Room, Bathroom 1, Bedroom 1, Utility Room, Bedroom 2, Basement, Bedroom 4
Parking 2
Parking features Open, Garage
Basement Unfinished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions Laramie to 1517 N Laramie near the corner of Austin and laramie Chicago IL
Subdivision CHI - Austin
Standard status Active
APN 16042000190000
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 4361

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Amenities

patio
open exterior wood rear porch

Building Details

Year built 1908
Building materials Stucco
Roof type Flat
Listing Agency: Century 21 Circle · Century 21 Real Estate
Listed By: Renwick Cornelious
Added: Jul 20 Changed: Sep 2 Last Checked: Sep 4 at 2:06PM
MLS# 12710022

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 two-unit duplex is a frame building with stucco construction, a flat roof, and a layout that includes four bedrooms, two bathrooms, a basement, utility room, and laundry room. A two-car garage, open parking, patio, and open exterior wood rear porch provide additional property features. The building was constructed in 1908 and uses natural gas heating with public sewer service.

Located at 1517 N Laramie Avenue in Chicago, the property occupies 0.08 acres in ZIP code 60651. Its residential income configuration and existing garage, outdoor areas, and multi-room layout support continued use as a two-unit residential property.

Key Highlights

  • Two‑unit frame building with stucco construction
  • Two‑car garage plus open parking
  • Open exterior wood rear porch and patio

Property Analytics

Current Use

Duplexes

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,095
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
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Frequently Asked Questions

What type of property is this?
Duplex - Chicago duplex with a two-car garage, rear porch, patio, basement, and natural gas heat.
Where is this duplex located?
The property is located at 1517 N Laramie Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two‑unit frame building with stucco construction; Two‑car garage plus open parking; Open exterior wood rear porch and patio
More about this property
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