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3012 N Laramie Avenue Chicago, IL $ 725,000
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$ 725,000 Get more info
3012 N Laramie Avenue
$ 725,000
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3012 N Laramie Avenue

Chicago, IL, 60641
$ 725,000
Bedrooms-- Baths-- Sq 8,550

Monthly Estimate*

$ 4,464

3012 N Laramie Avenue, Chicago, IL 60641 - Image 1
3012 N Laramie Avenue, Chicago, IL 60641 - Image 2
3012 N Laramie Avenue, Chicago, IL 60641 - Image 3
3012 N Laramie Avenue, Chicago, IL 60641 - Image 4
3012 N Laramie Avenue, Chicago, IL 60641 - Image 5
3012 N Laramie Avenue, Chicago, IL 60641 - Image 6

Commercial Property for sale in Chicago, IL

for $725,000. This 8,550 square foot building was built in 1928 on a lot size of 0.14348.

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.

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Commercial Active

Price

$ 725,000

Property Type

Commercial

Taxes

$ 11,309

Style

Lot Size

0.14348

Year Built

1928

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12634737
Features
General
Cooling Central Air Window Unit(s)
Construction Materials Brick
Year Built 1928
Electric Circuit Breakers Separate Meters
Stories Count 2
Property Subtype Mixed Use
Tax Year 2024
Gross Income 0
Additional Parcels Description 13281150340000
County Cook
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status New
Directions On Laramie Ave at W Nelson St Do not disturb the active business
City Chicago
Number Of Units Total 5
MLS Area CHI - Belmont Cragin
Lot Size Square Feet 6250
Tax Annual Amount 11309.48
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N Y
Standard Status Active
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Exterior
Building Area Total 8550
Lot Dimensions 50X125
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* Excluded Features
List By
Sperry Van Ness

Broker

angelo.labriola@svn.com

Email

Affordability Calculator

$5,406
Per Month
83%
17%
0%
Monthly Principal & Interest
$4,464
Monthly Property Taxes
$942
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/21/2026$725,000 Listed Price

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3012 N Laramie Avenue, Chicago, IL, 60641 is a Commercial Property for sale at $725,000 with 8,550 sqft and a lot size of 0.14348. 3012 N Laramie Avenue was built in 1928. The property's zip code is 60641 which is in Chicago, IL

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