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Apartment Building With Retail
For Sale
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2455 N Laramie Avenue, Chicago, IL 60639

The property combines garden apartments with a retail storefront and central boiler service.

Property SizeContact for details
Days on Market142

Property Features for 2455 N Laramie Avenue

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 13 x 1BR, 2 x 2BR
Multifamily Units 15

Additional Details

Gross Income $137,700
Listing Agency: Property Plug
Listed By: Brianna Gulia · License #471021902
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 8:14AM

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 Property Plug

Investment Insights

Based on property information with market context.

This apartment property includes garden apartments alongside a retail storefront, creating a mixed residential and commercial configuration. A central boiler serves the building. The property is being offered in its current condition, and the sale is subject to existing violations.

The address is 2455 N Laramie Avenue in Chicago’s Belmont Cragin area. Residential occupants are on month-to-month tenancies. The property combines apartment and storefront components within one building, with the retail space providing a distinct commercial element.

Key Highlights

  • Mixed residential property with a retail storefront
  • Includes 3 garden apartments
  • Central boiler serving the building

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture (Bike/Boat/Book/etc) Store Computer & Electronic Repair 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

15
Residential units

Location Intelligence

Trade Area within ½ mile

1,460
Businesses Nearby

Demographics for 60639, IL

89,543
Population
28,656
Households
3.1
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
5.0 sq mi
ZIP Area
17,909
Density / Sq Mi
$59,710
Median Household Income
$34,846
Median Earnings
$1,212
Median Rent
$289,000
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?
Apartment building - The property combines garden apartments with a retail storefront and central boiler service.
Where is this apartment building located?
The property is located at 2455 N Laramie Avenue Chicago, IL.
What are key features of this property?
This property features: Mixed residential property with a retail storefront; Includes 3 garden apartments; Central boiler serving the building
More about this property
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