Rehabbed 2-Flat in Austin

853 N Laramie Avenue Chicago, IL 60651

Claim this Listing
Pending
$500,000

MULTI_FAMILY - Chicago, IL

Added:
Apr 24, 2026
Days on Market:
80
Last Refresh:
Jul 12 at 6:06 pm

Property Features for 853 N Laramie Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
7
Bathrooms
4
Rooms
Bedroom 5, Bedroom 4, Bathroom 4, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 7, Bedroom 3, Basement
Parking
2
Basement
Full, Finished
Standard status
Pending
APN
16044230020000

Taxes and HOA fees

Tax Year
2024

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public

Building Details

Year built
1913
Building materials
Frame

Listing agent Michael Saladino License #471019865

Listing office Keller Williams ONEChicago 2211 N Elston Ave STE 400, Chicago, IL

Listing date Apr 24, 2026

MLS# 12570304 Listing URL

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 stunning, gut rehabbed 2-flat with a large front porch is located in Austin. Deed restrictions require the buyer to be an owner occupant, presenting an opportunity to purchase the home with a low down payment and rent out the other unit. Unit #1 is a spacious duplex down featuring 4 bedrooms and 3 full baths, while Unit #2 offers 3 bedrooms and 1 full bath. Both units showcase beautiful hardwood floors throughout and bright white kitchens with shaker-style cabinets. A wood-clad electric fireplace adds to the cozy atmosphere. The building boasts all-new mechanicals, including updated plumbing, electric, HVAC, windows, exterior doors, and a rear deck. Outside, a large backyard and a new concrete parking pad for 2 cars provide ample space. The property is conveniently located near I-290 Expressway, CTA, Metra, parks, shopping, and restaurants, combining modern comfort with excellent accessibility. This multifamily property is intended for residential income purposes.

Key Highlights

  • Gut rehabbed 2‑flat built in 1913 with frame construction
  • Two units: Unit #1 has 4 bedrooms and 3 full baths; Unit #2 has 3 bedrooms and 1 full bath
  • All‑new mechanicals including updated plumbing, electric, HVAC, windows, and exterior doors

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Skin Care Clinic Dental Office Gym & Fitness Center Parking Lot & Garage Pharmacy (Bike/Boat/Book/etc) Store Carpet & Flooring Store HVAC Service

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

FAQs

What type of property is this?
Duplex - Gut rehabbed 2-flat with modern amenities and excellent accessibility.
Where is this duplex located?
The property is located at 853 N Laramie Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Gut rehabbed 2‑flat built in 1913 with frame construction; Two units: Unit #1 has 4 bedrooms and 3 full baths; Unit #2 has 3 bedrooms and 1 full bath; All‑new mechanicals including updated plumbing, electric, HVAC, windows, and exterior doors
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