Properties

Address Map
US
IL
Cook
Chicago
60639
Laramie
2159
Avenue
W88° 14' 39.3''
N41° 55' 13.2''
on the corner of N Laramie and W Palmer
CHI - Belmont Cragin
N
MULTI
Additional Information
: Brick
3150
5
2
Berkshire Hathaway HomeServices Chicago
Fei Martin
Financial
11077
Listing Information
870684
10317
Active
2026-04-25T16:43:33Z
MRED
2026-02-09T06:05:23Z
Property Description

Turnkey multi-unit investment property with strong in-place cash flow. The entire building was gut-rehabbed in 2022, including new electrical, new plumbing, new water lines, new gas lines, a new roof, and new windows, offering peace of mind and minimal future capital expenses. The property consists of five residential units plus additional income from laundry and garage parking. All units are currently occupied with long-term tenants, many of whom have renewed multiple times and are likely to continue. Rents reflect the quality of the recent renovation, and supplemental income from laundry and parking further enhances returns. Ideal for investors seeking a stabilized, fully updated asset with reliable income and limited deferred maintenance.

Commercial Sale For Sale

2159 N Laramie Avenue, Chicago, Illinois 60639

$1,190,000
Listing ID#12560643
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12560643
Price : $1,190,000
Year Built : 1923
Listing Status : Active
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