$775,000
3012 N Laramie Avenue
Chicago, IL, 60641
This mixed-use building includes 5 units in total, with two retail spaces on the bottom floor and 3 residential units on the upper floor. The two retail units can be separated, but have been occupied by a single bakery tenant since 1986. The property is zoned B1-1, and the retail units feature black iron, a partial basement, ample storage space, and high foot traffic that bodes well for a thriving retail business. The property includes 3 residential units above the retail space, all of which are 2-bedroom 1-bath units. In the rear of the property, there are a total of 3 parking spaces, consisting of 1 garage spot and two pad parking spaces. With all leases being month-to-month and below market rate, this presents an excellent opportunity for any value-add investor or owner/user to add a cash-flowing property to their portfolio.
Property Details
Price:
$775,000
MLS #:
MRD12344639
Status:
Active
Beds:
0
Baths:
0
Address:
3012 N Laramie Avenue
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
CHI – Belmont Cragin
City:
Chicago
Listed Date:
Apr 28, 2025
State:
IL
Finished Sq Ft:
8,550
Total Sq Ft:
8,550
ZIP:
60641
Year Built:
1930
Schools
Interior
Cooling
Central Air, Window Unit(s)
Exterior
Construction Materials
Brick
Financial
Tax Year
2023
Taxes
$9,276
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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3012 N Laramie Avenue
Chicago, IL
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