2441 N Laramie Avenue Chicago, IL $ 575,000
2441 N Laramie Avenue
$ 575,000
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2441 N Laramie Avenue

Chicago, IL, 60639
$ 575,000
Bedrooms-- Baths--

Monthly Estimate*

$ 3,631

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Commercial Property for sale in Chicago, IL

for $575,000. This building was built in 1950 on a lot size of 0.07174.

Incredible investment opportunity. This well-maintained mixed-use building offers exceptional flexibility and income potential. The two commercial storefronts on the main level each feature a half bathroom, fresh paint, and new flooring, providing a clean, move-in-ready space for a variety of business uses. Lease each unit separately for multiple income streams or combine them into one larger space to suit your needs. Upstairs, you'll find two beautifully updated residential units, renovated in 2017-2018 with a modern, condo-style design. Each unit offers 2 spacious bedrooms, 1 full bathroom, a bright living room, a functional kitchen, and central heating. Additional features include coin-operated laundry, a gated shared backyard with endless possibilities for outdoor enjoyment or future enhancements, and a detached 2-car garage. Whether you're an investor looking to expand your portfolio or an owner-occupant seeking rental income, this versatile property is a must-see.

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Commercial Active

Price

$ 575,000

Property Type

Commercial

Taxes

$ 5,486

Style

Lot Size

0.07174

Year Built

1950

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12711708

Features
General
Cooling None
Possession Closing Immediate
Zoning COMMR
Construction Materials Vinyl Siding Brick
Year Built 1950
Electric Circuit Breakers
Tenant Pays Electricity Heat
Stories Count 2
Tax Year 2023
Gross Income 2500
County Cook
Insurance Expense 1800
Property Type Commercial Sale Mixed Use
Possible Use Office
Status New
Directions From Fullerton Avenue to North of N Laramie
City Chicago
Number Of Units Total 4
MLS Area CHI - Belmont Cragin
Lot Size Square Feet 3125
Tax Annual Amount 5486
Electric Expense 100
Fuel Expense 80
Trash Expense 0
Water Sewer Expense 147
Additional Parcels Y/N N
Standard Status Active
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Interior
Flooring Tile Vinyl Wood
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Exterior
Lot Dimensions 25 X 125
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* Excluded Features
List By
606 Brokers Llc

Broker

israel@606brokers.com

Email

Affordability Calculator

$4,088
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,631
Monthly Property Taxes
$457
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Pricing History
DatePricePrice ChangeDescription
7/21/2026$575,000 Listed Price

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2441 N Laramie Avenue, Chicago, IL, 60639 is a Commercial Property for sale at $575,000 with a lot size of 0.07174. 2441 N Laramie Avenue was built in 1950. The property's zip code is 60639 which is in Chicago, IL