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$1,250,000
15 Days On Site

3851 N Laramie Avenue
Chicago, IL 60641

For Sale|Multi Family|Active Under Contract
0
Beds
0
Total Baths
7,050
SqFt
$177
/SqFt
1923
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Triton Realty Group LLC
3851 N Laramie Avenue3851 N Laramie Avenue3851 N Laramie Avenue3851 N Laramie Avenue
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Offered for the first time in nearly four decades, 3851-53 N Laramie / 5155 W Byron is a pride of ownership 7 unit corner masonry building in Portage Park. The building features seven (7) two bedroom, one bath apartments, including one duplex and one garden unit, with updated finishes, stainless steel appliances in select units, radiator heat, and coin operated common laundry. Major building systems have been addressed over time, including a radiant steam boiler replacement in 2018, hot water tank in 2023, copper plumbing (except cold water risers), building wide window replacements, plus a new garage constructed in 2020. Residents enjoy convenient access to retail, restaurants, and public transit along Irving Park and Milwaukee. Utilities are investor friendly with separately metered electric and cooking gas paid by tenants, while ownership covers heat and common area utilities. With stable in place income, historically low vacancy, and clear upside via rent optimization, this well maintained asset is ideal for long term investors seeking durable cash flow in a proven Northwest Side location.

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Listing Snapshot
Price 
$1,250,000
Days On Site 
15 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,050 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.15 Acres
Year Built 
1923
MLS® Number 
12698755
Status 
Active Under Contract
Property Tax 
$17,731.39
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Active Under Contract
2 weeks agoListing first seen on site
General Features
Acres 
0.15
Additional Property Use 
Multi-Family
Number Of Stories 
3
Property Sub Type 
Multi Family
SqFt Total 
7050
Interior Features
Cooling 
Window Unit(s)
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Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
CHI - Portage Park
Listing Courtesy of MRED as distributed by MLS Grid of Triton Realty Group LLC



Based on information submitted to the MLS GRID as of 2026-07-23 10:10 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-07-23 10:10 PM UTC
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Neighborhood & Commute
Source: Walkscore
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