3851-3853 N. Laramie Ave.

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Address: 3851 N Laramie Ave, Chicago, IL 60641, USA
Chicago & Midwest + Apartment Buildings
Created date: July 6, 2026
Date last updated: October 1, 2026
Price: $1,250,000Investment Analyzer NEW!
  • 8,100 SF building
  • 7 units
  • Built in 1923
  • Zoned RS-3 | ADU Area 1, 2
  • Chicago location
  • 100% occupancy

Property Description

Introducing an exceptional investment opportunity in the Chicago area. This impressive property at 5155 W Byron St, Chicago, IL, 60641, features a 7,050 SF building with 7 units, offering a compelling investment proposition for Multifamily / Low-Rise/Garden investors. Zoned RS-3 and currently at 100% occupancy, this property presents a rare chance to acquire a well-maintained and income-generating asset in a prime location. With its strong rental history and desirable unit mix, this property is poised to provide a solid return on investment and long-term value. Embrace this chance to add a high-performing asset to your portfolio in the dynamic Chicago market.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,250,000
No. of Units: 7
Year Built: 1923
Lot Size: 0.15 Acres
Opportunity Zone: No
Price per unit: $178,571
Property Website Click Here
Address: 3851-3853 N. Laramie Ave., Chicago, IL 60641, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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